REGISTERED NUMBER: 02050535 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ASTBURY GARAGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Sylvia Astbury

Christopher James Astbury

SECRETARY:

Sylvia Astbury

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

02050535 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

3,773

3,662

CURRENT ASSETS

Stocks

2,125

3,630

Debtors

5

81,545

73,483

Cash at bank

57,419

154,043

141,089

231,156

CREDITORS

Amounts falling due within one year

6

67,177

66,682

NET CURRENT ASSETS

73,912

164,474

TOTAL ASSETS LESS CURRENT LIABILITIES

77,685

168,136

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

77,683

168,134

SHAREHOLDERS' FUNDS

77,685

168,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Christopher James Astbury - Director

1.	STATUTORY INFORMATION

Astbury Garages Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company has sufficient financial resources to continue as a going concern. The directors believe the company is well placed to manage its business risk successfully despite the current uncertain economic outlook.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the company has continued to adopt the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

12,450

1,750

14,200

Additions

1,495

-

1,495

At 31 March 2025

13,945

1,750

15,695

DEPRECIATION

At 1 April 2024

9,663

875

10,538

Charge for year

946

438

1,384

At 31 March 2025

10,609

1,313

11,922

NET BOOK VALUE

At 31 March 2025

3,336

437

3,773

At 31 March 2024

2,787

875

3,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

12,587

14,808

Amounts owed by group undertakings

68,368

58,085

Other debtors

590

590

81,545

73,483

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

16,048

15,062

Taxation and social security

28,652

25,832

Other creditors

22,477

25,788

67,177

66,682

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

Sylvia Astbury

Balance outstanding at start of year

(5,958

)

(5,958

)

Amounts advanced

16,960

-

Amounts repaid

(11,020

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(18

)

(5,958

)

Christopher James Astbury

Balance outstanding at start of year

(4,530

)

(4,457

)

Amounts advanced

80

25

Amounts repaid

(300

)

(98

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,750

)

(4,530

)

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The intermediate parent company is Eric Astbury Limited and ultimate parent company is Eric Astbury Holdings Limited and the shareholders of that Company are the Ultimate Controlling Party.