1 April 2024 false No description of principal activity Taxfiler 2024.6 08008841business:PrivateLimitedCompanyLtd2024-04-012025-03-31 080088412024-03-31 080088412024-04-012025-03-31 08008841business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 08008841business:FilletedAccounts2024-04-012025-03-31 080088412025-03-31 08008841business:Director12024-04-012025-03-31 08008841business:RegisteredOffice2024-04-012025-03-31 080088412024-03-31 08008841core:WithinOneYear2025-03-31 08008841core:WithinOneYear2024-03-31 08008841core:AfterOneYear2025-03-31 08008841core:AfterOneYear2024-03-31 08008841core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 08008841core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08008841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 08008841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08008841core:PreviouslyStatedAmount2025-03-31 08008841core:PreviouslyStatedAmount2024-03-31 08008841business:SmallEntities2024-04-012025-03-31 08008841countries:EnglandWales2024-04-012025-03-31 08008841core:LandBuildings2024-03-31 08008841core:LandBuildings2025-03-31 08008841core:LandBuildings2024-04-012025-03-31 08008841business:OrdinaryShareClass12024-04-012025-03-31 08008841business:OrdinaryShareClass12023-04-012024-03-31 080088412023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08008841 (England and Wales)
PARK ROAD GARAGE LTD Unaudited accounts for the year ended 31 March 2025
PARK ROAD GARAGE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PARK ROAD GARAGE LTD Company Information for the year ended 31 March 2025
Director
SYED IMRAN SHAH
Company Number
08008841 (England and Wales)
Registered Office
11 Ronald Close Bedford MK42 7SH
Accountants
Advice with Accounts 241 Denman Street Nottingham NG7 3PS
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PARK ROAD GARAGE LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
444,026 
453,088 
Current assets
Inventories
598,474 
659,292 
Cash at bank and in hand
73,738 
115,483 
672,212 
774,775 
Creditors: amounts falling due within one year
5
(198,769)
(245,500)
Net current assets
473,443 
529,275 
Total assets less current liabilities
917,469 
982,363 
Creditors: amounts falling due after more than one year
6
(229,905)
(346,465)
Net assets
687,564 
635,898 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
687,563 
635,897 
Shareholders' funds
687,564 
635,898 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 June 2025 and were signed on its behalf by
SYED IMRAN SHAH Director Company Registration No. 08008841
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PARK ROAD GARAGE LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PARK ROAD GARAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 08008841. The registered office is 11 Ronald Close, Bedford, MK42 7SH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the rate of 0%.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2024
453,088 
At 31 March 2025
453,088 
Depreciation
Charge for the year
9,062 
At 31 March 2025
9,062 
Net book value
At 31 March 2025
444,026 
At 31 March 2024
453,088 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
9,610 
9,442 
Trade creditors
26,412 
112,711 
Taxes and social security
22,719 
13,896 
Loans from directors
140,028 
109,451 
198,769 
245,500 
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PARK ROAD GARAGE LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
229,905 
346,465 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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