REGISTERED NUMBER: 06839189 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Stumps Garage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C D Sanderson

Mr J D Sanderson

REGISTERED OFFICE:

Main Street

Darley

Harrogate

North Yorkshire

HG3 2PR

REGISTERED NUMBER:

06839189 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Tangible assets

4

45,958

60,535

Current assets

Stocks

16,495

17,521

Debtors

5

13,335

19,698

Cash at bank and in hand

61,607

78,093

91,437

115,312

Creditors

Amounts falling due within one year

6

(66,608

)

(64,812

)

Net current assets

24,829

50,500

Total assets less current liabilities

70,787

111,035

Provisions for liabilities

(8,672

)

(12,134

)

Net assets

62,115

98,901

Capital and reserves

Called up share capital

7

100

100

Retained earnings

8

62,015

98,801

Shareholders' funds

62,115

98,901

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 29 December 2025 and were signed on its behalf by:

Mr C D Sanderson - Director

1.	STATUTORY INFORMATION

Stumps 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 represents net invoiced sales of goods and services, excluding value added tax.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost and 25% on reducing balance

Computer equipment

-

25% on reducing balance

STOCKS

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 8 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

29,610

764

74,836

5,117

110,327

DEPRECIATION

At 1 April 2024

24,214

583

21,789

3,206

49,792

Charge for year

810

28

13,261

478

14,577

At 31 March 2025

25,024

611

35,050

3,684

64,369

NET BOOK VALUE

At 31 March 2025

4,586

153

39,786

1,433

45,958

At 31 March 2024

5,396

181

53,047

1,911

60,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,335

16,779

Prepayments

-

2,919

13,335

19,698

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

30,530

26,157

Corporation tax

18,567

19,853

Social security and other tax

11,693

4,374

Other creditors

-

8,604

Pensions control account

669

498

Directors' current accounts

380

530

Accrued expenses

4,769

4,796

66,608

64,812

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

75

Ordinary

£1

75

75

25

Ordinary A

£1

25

25

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

98,801

Profit for the year

54,714

Dividends

(91,500

)

At 31 March 2025

62,015

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors were paid dividends of £91,500 (2024 - £99,000).The company owed the directors £380 at 31st March 2025 (2024 - £530).