REGISTERED NUMBER: 05525066 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Modurdy Henblas Garage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Pritchard

Mr K Pritchard

Mr D Pritchard

SECRETARY:

Mrs A Pritchard

REGISTERED OFFICE:

26 High Street

Bala

Gwynedd

LL23 7AG

REGISTERED NUMBER:

05525066 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Intangible assets

4

-

4,500

Tangible assets

5

115,628

88,291

115,628

92,791

CURRENT ASSETS

Stocks

8,500

17,000

Debtors

6

104,917

74,254

Cash at bank

51,853

27,957

165,270

119,211

CREDITORS

Amounts falling due within one year

7

179,953

124,615

NET CURRENT LIABILITIES

(14,683

)

(5,404

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100,945

87,387

PROVISIONS FOR LIABILITIES

27,346

19,863

NET ASSETS

73,599

67,524

CAPITAL AND RESERVES

Called up share capital

900

900

Retained earnings

72,699

66,624

73,599

67,524

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 1 December 2025 and were signed on its behalf by:

Mrs A Pritchard - Director

Mr K Pritchard - Director

Mr D Pritchard - Director

1.	STATUTORY INFORMATION

Modurdy Henblas 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.

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 2005, 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 etc

-

10% 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

90,000

AMORTISATION

At 1 September 2024

85,500

Charge for year

4,500

At 31 August 2025

90,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

4,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

165,211

Additions

40,184

At 31 August 2025

205,395

DEPRECIATION

At 1 September 2024

76,920

Charge for year

12,847

At 31 August 2025

89,767

NET BOOK VALUE

At 31 August 2025

115,628

At 31 August 2024

88,291

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

104,917

74,254

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

20,219

17,209

Taxation and social security

47,556

35,565

Other creditors

112,178

71,841

179,953

124,615

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £103,500 (2024 - £90,000) were paid to the directors .