Silverfin false false 31/05/2025 01/06/2024 31/05/2025 N G Hutt 20/12/2007 12 February 2026 The principal activity of the Company during the financial year was the operation of bus service routes and private hire. 04742796 2025-05-31 04742796 bus:Director1 2025-05-31 04742796 2024-05-31 04742796 core:CurrentFinancialInstruments 2025-05-31 04742796 core:CurrentFinancialInstruments 2024-05-31 04742796 core:Non-currentFinancialInstruments 2025-05-31 04742796 core:Non-currentFinancialInstruments 2024-05-31 04742796 core:ShareCapital 2025-05-31 04742796 core:ShareCapital 2024-05-31 04742796 core:RetainedEarningsAccumulatedLosses 2025-05-31 04742796 core:RetainedEarningsAccumulatedLosses 2024-05-31 04742796 core:Goodwill 2024-05-31 04742796 core:Goodwill 2025-05-31 04742796 core:PlantMachinery 2024-05-31 04742796 core:Vehicles 2024-05-31 04742796 core:OfficeEquipment 2024-05-31 04742796 core:PlantMachinery 2025-05-31 04742796 core:Vehicles 2025-05-31 04742796 core:OfficeEquipment 2025-05-31 04742796 2024-06-01 2025-05-31 04742796 bus:FilletedAccounts 2024-06-01 2025-05-31 04742796 bus:SmallEntities 2024-06-01 2025-05-31 04742796 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 04742796 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04742796 bus:Director1 2024-06-01 2025-05-31 04742796 core:Goodwill core:TopRangeValue 2024-06-01 2025-05-31 04742796 core:PlantMachinery core:TopRangeValue 2024-06-01 2025-05-31 04742796 core:Vehicles core:BottomRangeValue 2024-06-01 2025-05-31 04742796 core:Vehicles core:TopRangeValue 2024-06-01 2025-05-31 04742796 core:OfficeEquipment core:BottomRangeValue 2024-06-01 2025-05-31 04742796 core:OfficeEquipment core:TopRangeValue 2024-06-01 2025-05-31 04742796 2023-06-01 2024-05-31 04742796 core:PlantMachinery 2024-06-01 2025-05-31 04742796 core:Vehicles 2024-06-01 2025-05-31 04742796 core:OfficeEquipment 2024-06-01 2025-05-31 04742796 core:Non-currentFinancialInstruments 2024-06-01 2025-05-31 04742796 1 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Company No: 04742796 (England and Wales)

# HATCH GREEN GARAGE LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

HATCH GREEN GARAGE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

HATCH GREEN GARAGE LIMITED

## BALANCE SHEET

As at 31 May 2025
HATCH GREEN GARAGE LIMITED

## BALANCE SHEET (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 1,758,140 |  | 2,055,625
|  | 1,758,140 |  | 2,055,625
Current assets |  |  |  |
Stocks |  | 15,767 |  | 20,817
Debtors | 5 | 387,462 |  | 432,502
Cash at bank and in hand |  | 485,433 |  | 198,108
|  | 888,662 |  | 651,427
Creditors: amounts falling due within one year | 6 | ( 416,052) |  | ( 374,466)
Net current assets |  | 472,610 |  | 276,961
Total assets less current liabilities |  | 2,230,750 |  | 2,332,586
Creditors: amounts falling due after more than one year | 7 | ( 878,201) |  | ( 1,230,905)
Provision for liabilities |  | ( 439,535) |  | ( 388,446)
Net assets |  | 913,014 |  | 713,235
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Profit and loss account |  | 913,012 |  | 713,233
Total shareholder's funds |  | 913,014 |  | 713,235

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Hatch Green Garage Limited (registered number: 04742796) were approved and authorised for issue by the Director on 12 February 2026. They were signed on its behalf by:

N G Hutt Director |

HATCH GREEN GARAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
HATCH GREEN GARAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Hatch Green Garage Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hatch Green Garage, Hatch Beauchamp, Taunton, TA3 6TN, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable, net of value added tax, in respect of bus service operations and private hire, recognised on delivery of the service.
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.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either other creditors or other debtors in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 10 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 7 years straight line
Vehicles | 10 - 15 years straight line
Office equipment | 4 - 7 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in other operating income over the period in which the related costs are recognised, and timing differences are presented as other debtors or deferred income within the balance sheet. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 34 |  | 35

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 June 2024 | 100,000 |  | 100,000
At 31 May 2025 | 100,000 |  | 100,000
Accumulated amortisation |  |  |
At 01 June 2024 | 100,000 |  | 100,000
At 31 May 2025 | 100,000 |  | 100,000
Net book value |  |  |
At 31 May 2025 | 0 |  | 0
At 31 May 2024 | 0 |  | 0

#### 4. Tangible assets

| Plant and machinery |  | Vehicles |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 June 2024 | 214,343 |  | 2,453,101 |  | 24,851 |  | 2,692,295
Additions | 34,796 |  | 0 |  | 0 |  | 34,796
Disposals | 0 |  | ( 163,729) |  | 0 |  | ( 163,729)
At 31 May 2025 | 249,139 |  | 2,289,372 |  | 24,851 |  | 2,563,362
Accumulated depreciation |  |  |  |  |  |  |
At 01 June 2024 | 116,463 |  | 497,809 |  | 22,398 |  | 636,670
Charge for the financial year | 24,111 |  | 170,124 |  | 1,330 |  | 195,565
Disposals | 0 |  | ( 27,013) |  | 0 |  | ( 27,013)
At 31 May 2025 | 140,574 |  | 640,920 |  | 23,728 |  | 805,222
Net book value |  |  |  |  |  |  |
At 31 May 2025 | 108,565 |  | 1,648,452 |  | 1,123 |  | 1,758,140
At 31 May 2024 | 97,880 |  | 1,955,292 |  | 2,453 |  | 2,055,625
Leased assets included above: |  |  |  |  |  |  |
Net book value |  |  |  |  |  |  |
At 31 May 2025 | 0 |  | 1,399,554 |  | 0 |  | 1,399,554
At 31 May 2024 | 0 |  | 1,841,414 |  | 0 |  | 1,841,414

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 231,815 |  | 304,755
Amounts owed by Group undertakings | 122,524 |  | 92,807
Other debtors | 33,123 |  | 34,940
| 387,462 |  | 432,502

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 132,448 |  | 72,118
Other taxation and social security | 22,803 |  | 28,136
Obligations under finance leases and hire purchase contracts (secured) | 243,719 |  | 264,690
Other creditors | 17,082 |  | 9,522
| 416,052 |  | 374,466

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Obligations under finance leases and hire purchase contracts (secured) | 878,201 |  | 1,230,905

An outstanding amount of £1,121,920 (2024 - £1,495,595) is payable on hire purchase agreements secured on motor vehicles.

#### 8. Financial commitments

Other financial commitments

| 2025 |  | 2024
| £ |  | £
Commitments in respect of trading premises | 74,598 |  | 103,475
Commitments in respect of vehicle rentals | 35,820 |  | 66,864
| 110,418 |  | 170,339

The total amount of financial commitments not included in the balance sheet is £110,418 (2024 -£170,339).
Operating lease commitments for trading premises are detailed as follows:
£28,877 (2024 - £28,877) is due within one year; and
£45,721 (2024- £74,598) is due between one and five years; and
£nil (2024 - £nil) is due over five years.
Operating lease commitments for vehicle rentals are detailed as follows:
£35,820 (2024 - £66,864) is due within one year; and
£nil (2024 - £nil) is due between one and five years; and
£nil (2024 - £nil) is due over five years.

#### 9. Ultimate controlling party

Parent Company:

Hatch Green Coaches Limited
Hatch Green Garage Hatch Beauchamp Taunton Somerset TA3 6TN United Kingdom

The ultimate controlling party is N G Hutt, a director.