Company registration number: 05082464
Unaudited financial statements
for the year ended 31 March 2025
for
Westcott Garage Ltd
Pages for filing with the Registrar
Company registration number: 05082464
Westcott Garage Ltd
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 4,381 1,721
4,381 1,721
Current assets
Stocks 3,500 3,500
Debtors 8,264 3,444
Cash at bank and in hand 43,964 45,615
55,728 52,559
Creditors: amounts falling due within one
year 		(32,351) (24,245)
Net current assets 23,377 28,314
Total assets less current liabilities 27,758 30,035
NET ASSETS 27,758 30,035
Capital and reserves
Called up share capital 100 100
Profit and loss account 27,658 29,935
TOTAL EQUITY 27,758 30,035
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05082464
Westcott Garage Ltd
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr M High, Director
22 December 2025
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Westcott Garage Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Westcott Garage Ltd is a private company registered in England and Wales. Its registered number is 05082464. The company is limited by shares. Its registered office is Westcott Garage Guildford Road, Westcott, Dorking, RH4 3QE.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Tangible Fixed Assets:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer Equipment - 25% 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.
3
Westcott Garage Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Tangible
Fixed Assets
£
Cost
At 1 April 2024 20,112
Additions 5,492
At 31 March 2025 25,604
Depreciation
At 1 April 2024 18,391
Charge for year 2,832
At 31 March 2025 21,223
Net book value
At 31 March 2025 4,381
At 31 March 2024 1,721
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Westcott Garage Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Debtors
| ------------------Category------------------ | -----------------31/03/2025 (£) | ------------------------31/03/2024 (£) |
|------------------------------------------------- | ------------------------------------- | ---------------------------------------------|

| ----------------Trade debtors-------------- | -----------------------------8,196 | ----------------------------------- 3,376 |

| ----------------Other debtors-------------- | ----------------------------------86 | --------------------------------------- 86 |


|--------------------------------------------------|-----------------------------------------|------------------------------------------ |

| ------------------**Total debtors**--------- | ----------------------------8,264 | ------------------------------------- 3,444 |
|==============================================|===============================
6 Creditors - Amounts falling due within one year
| ------------------Category------------------ | -------------------31/03/2025 (£) | ------------------------31/03/2024 (£) |
|------------------------------------------------- | -----------------------------------------|------------------------------------------- --|

| ----------------Trade creditors------------- | ----------------------------14,810 | ----------------------------------- -13,671 |

| ----------------PAYE-------------------------- | -------------------------------339 | ------------------------------------ --------0 |

| ----------------VAT---------------------------- | -------------------------------3,925 | ---------------------------------- -- 1,889 |

| ----------------Tax----------------------------- | ----------------------------10,452 | ---------------------------------- 5,925 |

| ----------------Accruals----------------------- | ------------------------------2,825 | ---------------------------------- 2,760 |

|----------------------------------------------|-----------------------------------------|-----------------------------------------------|

| ------------------**Total creditors**-------- | ----------------------------32,351 | --------------------------------- 24,245 |
|=============================================================================|
7 Controlling party
The company is owned and controlled by its sole director whom owns 100 percent of the issued share capital
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