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Company Registration number: 05137463

Holmrook Service Station Ltd
Annual Report and Unaudited
Financial Statements
for the Year Ended 30 September 2025

Holmrook Service Station Ltd

Contents

Pages

Balance sheet | 1 to 2
Notes to the financial statements | 3 to 8

Holmrook Service Station Ltd

Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 523,545 | 515,175
Current assets |  |  |
Stocks | 6 | 146,651 | 106,093
Debtors | 7 | 9,375 | 30,816
Cash at bank and in hand |  | 123,631 | 110,712
|  | 279,657 | 247,621
Creditors: Amounts falling due within one year | 8 | (250,432) | (205,281)
Net current assets |  | 29,225 | 42,340
Total assets less current liabilities |  | 552,770 | 557,515
Creditors: Amounts falling due after more than one year | 8 | (16,072) | (7,228)
Provisions for liabilities |  | (25,885) | (20,649)
Net assets |  | 510,813 | 529,638
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 510,713 | 529,538
Shareholders' funds |  | 510,813 | 529,638

Holmrook Service Station Ltd

Balance Sheet as at 30 September 2025 (continued)

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 January 2026 and signed on its behalf by:

......................................... Mr H G Flynn Director

Company registration number: 05137463

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025

1 | GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Walkmill Gardens
Gosforth
CA20 1EF

These financial statements were authorised for issue by the Board on 22 January 2026.

2 | ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared on the historical cost basis and in accordance with the applicable accounting standards.
The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Judgements

The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances. Actual results may differ from these
estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 50 years straight line
Equipment | 20% reducing balance

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Motor vehicles | 20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 20 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 16).

4 | INTANGIBLE ASSETS

| Goodwill £ | Total £
Cost or valuation
At 1 October 2024 | 25,000 | 25,000
At 30 September 2025 | 25,000 | 25,000
Amortisation
At 1 October 2024 | 25,000 | 25,000
At 30 September 2025 | 25,000 | 25,000
Carrying amount
At 30 September 2025 | - | -

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025 (continued)

5 | TANGIBLE ASSETS

| Land and buildings £ | Equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 499,619 | 318,302 | 33,235 | 851,156
Additions | - | 6,457 | 57,059 | 63,516
Disposals | - | - | (33,235) | (33,235)
At 30 September 2025 | 499,619 | 324,759 | 57,059 | 881,437
Depreciation
At 1 October 2024 | 79,939 | 244,077 | 11,965 | 335,981
Charge for the year | 9,992 | 15,437 | 9,776 | 35,205
Eliminated on disposal | - | - | (13,294) | (13,294)
At 30 September 2025 | 89,931 | 259,514 | 8,447 | 357,892
Carrying amount
At 30 September 2025 | 409,688 | 65,245 | 48,612 | 523,545
At 30 September 2024 | 419,680 | 74,225 | 21,270 | 515,175

Included within the net book value of land and buildings above is £409,688 (2024 - £419,680) in respect of freehold land and buildings.

6 | STOCKS

| 2025 £ | 2024 £
Stock on hand | 146,651 | 106,093

7 | DEBTORS

Current | 2025 £ | 2024 £
Trade debtors | 2,754 | 25,054
Prepayments | 6,621 | 5,762
| 9,375 | 30,816

Holmrook Service Station Ltd

Notes to the financial statements for the Year Ended 30 September 2025 (continued)

8 | CREDITORS

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 5,822 | 3,864
Trade creditors |  | 140,226 | 96,767
Taxation and social security |  | 87,343 | 86,517
Accruals and deferred income |  | 14,806 | 16,719
Other creditors |  | 2,235 | 1,414
|  | 250,432 | 205,281

Creditors include hire purchase and finance lease agreements which are secured on the tangible fixed assets of the company £5,822 (2024 - £3,864).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 16,072 | 7,228

Creditors include hire purchase and finance lease agreements which are secured on the tangible fixed assets of the company £16,072 (2024 - £7,228).

9 | LOANS AND BORROWINGS

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 16,072 | 7,228

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 5,822 | 3,864