Pillerton Garage Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06554798 (England and Wales)

Pillerton Garage Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

D Wickham

P Wickham

REGISTERED OFFICE:

Pillerton Garage

Banbury Road

Pillerton Priors

Warwick

Warwickshire

CV35 0PB

REGISTERED NUMBER:

06554798 (England and Wales)

ACCOUNTANTS:

D & S Plumb Accountants Limited

19 A/B Blackwell Bus. Park

Blackwell

Shipston-on-Stour

Warwickshire

CV36 4PE

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

403,135

CURRENT ASSETS

Stocks

13,186

14,330

Debtors

6

32,200

26,568

Cash at bank and in hand

56,323

42,016

101,709

82,914

CREDITORS

Amounts falling due within one year

7

99,795

82,624

NET CURRENT ASSETS

1,914

290

TOTAL ASSETS LESS CURRENT LIABILITIES

405,049

403,425

CREDITORS

Amounts falling due after more than one year

8

346,271

344,744

NET ASSETS

58,778

58,681

CAPITAL AND RESERVES

Called up share capital

99

Revaluation reserve

10

52,500

Retained earnings

6,179

6,082

SHAREHOLDERS' FUNDS

58,778

58,681

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:

P Wickham - Director

1.	STATUTORY INFORMATION

Pillerton Garage 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 as modified by the revaluation of certain assets.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

38,000

AMORTISATION

At 1 April 2024

and 31 March 2025

38,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

403,135

1,650

404,785

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

1,650

NET BOOK VALUE

At 31 March 2025

403,135

-

403,135

At 31 March 2024

403,135

-

403,135

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2017

52,500

-

52,500

Cost

350,635

1,650

352,285

403,135

1,650

404,785

If Land & Buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

350,635

Freehold Land & Buildings were valued on an open market basis on 31 March 2018 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

31,597

26,568

Other debtors

603

-

32,200

26,568

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

13,183

11,665

Taxation and social security

15,638

10,053

Other creditors

70,974

60,906

99,795

82,624

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other creditors

346,271

344,744

Amounts falling due in more than five years:

Repayable otherwise than by instalments

P.Wickham Loan

95,263

D.Wickham Loan

95,263

B.H.Wickham Trust Loan

95,263

285,789

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Mortgage

26,482

35,755

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

52,500

11.	RELATED PARTY DISCLOSURES

The Directors have outstanding loans to the Company of:

Mr D. Wickham: £137,551.30 as at 31 March 2025 (£126,478.56 2024)

Mr P. Wickham: £140,551.16 as at 31 March 2025 (£129,030.45 2024)

Interest is being charged on £126,262 of each directors' loan at a rate of 4.5%.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

D & S Plumb Accountants Limited

19 A/B Blackwell Bus. Park

Blackwell

Shipston-on-Stour

Warwickshire

CV36 4PE

11 December 2025