REGISTERED NUMBER: 08351045 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Cyprus Garage Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

G Noble

REGISTERED OFFICE:

652 Leeds Road

Thackley

Bradford

BD10 8JP

REGISTERED NUMBER:

08351045 (England and Wales)

ACCOUNTANTS:

DWilkinson&Company

Bank House

27 King Street

Leeds

West Yorkshire

LS1 2HL

FIXED ASSETS

Tangible assets

4

50,426

50,996

CURRENT ASSETS

Stocks

144,856

207,874

Debtors

5

7,194

4,248

Cash at bank and in hand

350,138

244,106

502,188

456,228

CREDITORS

Amounts falling due within one year

6

159,013

159,971

NET CURRENT ASSETS

343,175

296,257

TOTAL ASSETS LESS CURRENT LIABILITIES

393,601

347,253

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

393,501

347,153

SHAREHOLDERS' FUNDS

393,601

347,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2026 and were signed by:

G Noble - Director

1.	STATUTORY INFORMATION

Cyprus 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.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance and not provided

Motor vehicles

-

25% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

47,800

78

8,505

6,797

63,180

DEPRECIATION

At 1 May 2024

-

72

6,217

5,895

12,184

Charge for year

-

2

343

225

570

At 30 April 2025

-

74

6,560

6,120

12,754

NET BOOK VALUE

At 30 April 2025

47,800

4

1,945

677

50,426

At 30 April 2024

47,800

6

2,288

902

50,996

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 May 2024

and 30 April 2025

3,800

DEPRECIATION

At 1 May 2024

3,123

Charge for year

169

At 30 April 2025

3,292

NET BOOK VALUE

At 30 April 2025

508

At 30 April 2024

677

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

7,194

4,248

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,835

20,900

Trade creditors

13,225

26,342

Tax

23,217

8,088

Social security and other taxes

298

440

VAT

10,901

3,720

Other creditors

45,077

45,077

Directors' current accounts

53,680

53,674

Accrued expenses

1,780

1,730

159,013

159,971

The directors loan account balance is interest free and repayable on demand.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

1

100

100