REGISTERED NUMBER: 06145396 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Fillongley Garage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R J Hammond

Mrs E J Hammond

E Hammond

P G Hammond

REGISTERED OFFICE:

Daviot

Tamworth Road

Fillongley

Nr Coventry

CV7 8DY

REGISTERED NUMBER:

06145396 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Intangible assets

4

87,500

137,500

Tangible assets

5

457,752

245,642

545,252

383,142

CURRENT ASSETS

Stocks

30,050

22,412

Debtors

6

1,074,253

1,035,546

Cash at bank and in hand

187,968

493,061

1,292,271

1,551,019

CREDITORS

Amounts falling due within one year

7

292,910

415,424

NET CURRENT ASSETS

999,361

1,135,595

TOTAL ASSETS LESS CURRENT LIABILITIES

1,544,613

1,518,737

PROVISIONS FOR LIABILITIES

89,696

34,355

NET ASSETS

1,454,917

1,484,382

CAPITAL AND RESERVES

Called up share capital

1,000,000

1,000,000

Retained earnings

454,917

484,382

1,454,917

1,484,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 7 November 2025 and were signed on its behalf by:

E Hammond - Director

1.	STATUTORY INFORMATION

Fillongley 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisiton of a business in 2007, is being amortised evenly over its estimated useful life of twenty 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

1,000,000

AMORTISATION

At 1 July 2024

862,500

Charge for year

50,000

At 30 June 2025

912,500

NET BOOK VALUE

At 30 June 2025

87,500

At 30 June 2024

137,500

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

19,911

69,571

1,654,141

26,678

1,770,301

Additions

-

13,685

279,697

541

293,923

Disposals

-

(8,966

)

-

-

(8,966

)

At 30 June 2025

19,911

74,290

1,933,838

27,219

2,055,258

DEPRECIATION

At 1 July 2024

-

61,065

1,437,511

26,083

1,524,659

Charge for year

-

3,948

77,466

239

81,653

Eliminated on disposal

-

(8,806

)

-

-

(8,806

)

At 30 June 2025

-

56,207

1,514,977

26,322

1,597,506

NET BOOK VALUE

At 30 June 2025

19,911

18,083

418,861

897

457,752

At 30 June 2024

19,911

8,506

216,630

595

245,642

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

80,390

79,133

Other debtors

993,863

956,413

1,074,253

1,035,546

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

59,264

98,287

Taxation and social security

61,361

144,275

Other creditors

172,285

172,862

292,910

415,424

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

30.6.25

30.6.24

£

£

Mrs R J Hammond and E Hammond

Balance outstanding at start of year

(134,658

)

(136,128

)

Amounts advanced

17,680

19,150

Amounts repaid

(17,730

)

(17,680

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(134,708

)

(134,658

)

P G Hammond

Balance outstanding at start of year

(3

)

(77

)

Amounts advanced

33,001

33,684

Amounts repaid

(33,000

)

(33,610

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2

)

(3

)

Mrs E J Hammond

Balance outstanding at start of year

(1

)

(1

)

Amounts advanced

8,320

10,480

Amounts repaid

(8,320

)

(10,480

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1

)

(1

)