REGISTERED NUMBER: 07902547 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ST ANDREW'S ROAD GARAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Coleman

M J Parr

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

07902547 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

52,712

60,693

CURRENT ASSETS

Stocks

112,500

119,500

Debtors

5

184,763

200,643

Cash at bank and in hand

76,222

42,220

373,485

362,363

CREDITORS

Amounts falling due within one year

6

503,868

416,334

NET CURRENT LIABILITIES

(130,383

)

(53,971

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(77,671

)

6,722

CREDITORS

Amounts falling due after more than one year

7

1,667

11,667

NET LIABILITIES

(79,338

)

(4,945

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(79,438

)

(5,045

)

SHAREHOLDERS' FUNDS

(79,338

)

(4,945

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

S M Coleman - Director

M J Parr - Director

1.	STATUTORY INFORMATION

St Andrew's Road 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st March 2025 the company's current liabilities exceeded its current assets by £130,383 and total liabilities of the company were £505,535. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

Turnover

Turnover represents net invoiced work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

10% on cost

Equipment

-

25% on cost

Motor vehicles

-

25% on cost

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 tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Motor

improvements

Equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

82,755

45,533

21,300

149,588

Additions

-

1,293

3,600

4,893

At 31 March 2025

82,755

46,826

24,900

154,481

DEPRECIATION

At 1 April 2024

32,186

42,159

14,550

88,895

Charge for year

8,276

1,448

3,150

12,874

At 31 March 2025

40,462

43,607

17,700

101,769

NET BOOK VALUE

At 31 March 2025

42,293

3,219

7,200

52,712

At 31 March 2024

50,569

3,374

6,750

60,693

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,562

40,702

Other debtors

35,937

49,368

Directors' current accounts

110,405

110,573

Prepayments

2,859

-

184,763

200,643

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans - due in less than 1 year

10,000

10,000

Trade creditors

92,692

61,044

Tax

307,763

308,335

Social security and other taxes

7,318

12,422

VAT

81,445

20,333

Directors' current accounts

250

-

Accruals and deferred income

4,400

4,200

503,868

416,334

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - due in 1 to 2 years

1,667

10,000

Other loans - due in 2 to 5 years

-

1,667

1,667

11,667

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025, the company was owed a total of £110,405 from a director.

Interest has been charged at the official HMRC rate of interest. There are no repayment terms in place.

9.	ULTIMATE CONTROLLING PARTY