Company Registration No. 12549362 (England and Wales)
PB GARAGE LIMITED
Accounts
for the year ended 30 April 2025
PB GARAGE LIMITED
Accounts
Contents
PB GARAGE LIMITED
Company Information
for the year ended 30 April 2025
Company Number
12549362 (England and Wales)
Registered Office
UNIT H08
TENTER ROAD
NORTHAMPTON
NORTHAMPTONSHIRE
NN3 6PZ
UNITED KINGDOM
Accountants
ABN Accounting Limited
Hudson House
8 Tavistock Street
London
United Kingdom
WC2E 7PP
PB GARAGE LIMITED
Statement of financial position
as at 30 April 2025
Tangible assets
2,147
6,744
Cash at bank and in hand
5,036
1,536
Creditors: amounts falling due within one year
(440,566)
(506,308)
Net current liabilities
(411,801)
(416,296)
Net liabilities
(409,654)
(409,552)
Called up share capital
1
1
Profit and loss account
(409,655)
(409,553)
Shareholders' funds
(409,654)
(409,552)
For the year ending 30 April 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 9 September 2025 and were signed on its behalf by
Sergiu Valuta
Director
Company Registration No. 12549362
PB GARAGE LIMITED
Notes to the Accounts
for the year ended 30 April 2025
PB GARAGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12549362. The registered office is UNIT H08, TENTER ROAD, NORTHAMPTON, NORTHAMPTONSHIRE, NN3 6PZ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line depreciation 20%
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
PB GARAGE LIMITED
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2024
3,579
19,409
22,988
At 30 April 2025
3,579
19,409
22,988
At 1 May 2024
716
15,528
16,244
Charge for the year
716
3,881
4,597
At 30 April 2025
1,432
19,409
20,841
At 30 April 2025
2,147
-
2,147
At 30 April 2024
2,863
3,881
6,744
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
318,107
320,485
Taxes and social security
2,375
21,957
Loans from directors
117,154
135,592
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 3 (2024: 9).