Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 15 13 false The principal activity of the company continued to be that of running a garage, repairing motor vehicles.false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05654691 2025-01-01 2025-12-31 05654691 2024-01-01 2024-12-31 05654691 2025-12-31 05654691 2024-12-31 05654691 c:Director2 2025-01-01 2025-12-31 05654691 c:Director3 2025-01-01 2025-12-31 05654691 d:Buildings 2025-01-01 2025-12-31 05654691 d:Buildings d:LongLeaseholdAssets 2025-01-01 2025-12-31 05654691 d:Buildings d:LongLeaseholdAssets 2025-12-31 05654691 d:Buildings d:LongLeaseholdAssets 2024-12-31 05654691 d:PlantMachinery 2025-01-01 2025-12-31 05654691 d:PlantMachinery 2025-12-31 05654691 d:PlantMachinery 2024-12-31 05654691 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05654691 d:MotorVehicles 2025-01-01 2025-12-31 05654691 d:MotorVehicles 2025-12-31 05654691 d:MotorVehicles 2024-12-31 05654691 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05654691 d:OfficeEquipment 2025-01-01 2025-12-31 05654691 d:OfficeEquipment 2025-12-31 05654691 d:OfficeEquipment 2024-12-31 05654691 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05654691 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05654691 d:CurrentFinancialInstruments 2025-12-31 05654691 d:CurrentFinancialInstruments 2024-12-31 05654691 d:Non-currentFinancialInstruments 2025-12-31 05654691 d:Non-currentFinancialInstruments 2024-12-31 05654691 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 05654691 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05654691 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 05654691 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05654691 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-12-31 05654691 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 05654691 d:ShareCapital 2025-12-31 05654691 d:ShareCapital 2024-12-31 05654691 d:RetainedEarningsAccumulatedLosses 2025-12-31 05654691 d:RetainedEarningsAccumulatedLosses 2024-12-31 05654691 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-12-31 05654691 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-12-31 05654691 c:FRS102 2025-01-01 2025-12-31 05654691 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05654691 c:FullAccounts 2025-01-01 2025-12-31 05654691 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05654691 2 2025-01-01 2025-12-31 05654691 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 05654691 LEZIATE DROVE GARAGE LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
LEZIATE DROVE GARAGE LTD REGISTERED NUMBER:05654691
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 509,101 |  | 510,665
|  |  | 509,101 |  | 510,665
Current assets |  |  |  |  |
Stocks |  | 4,750 |  | 4,500 |
Debtors: amounts falling due within one year | 5 | 29,583 |  | 36,540 |
Cash at bank and in hand | 6 | 115,048 |  | 121,923 |
|  | 149,381 |  | 162,963 |
Creditors: amounts falling due within one year | 7 | (192,946) |  | (260,685) |
Net current liabilities |  |  | (43,565) |  | (97,722)
Total assets less current liabilities |  |  | 465,536 |  | 412,943
Creditors: amounts falling due after more than one year | 8 |  | - |  | (6,947)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (32,434) |  | (34,945) |
|  |  | (32,434) |  | (34,945)
Net assets |  |  | 433,102 |  | 371,051
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 120 |  | 120
Profit and loss account |  |  | 432,982 |  | 370,931
|  |  | 433,102 |  | 371,051
Page 1
LEZIATE DROVE GARAGE LTD REGISTERED NUMBER:05654691
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Matthew Spragg | Ashley Tucker
Director | Director
Date: 30 April 2026 |
The notes on pages 3 to 9 form part of these financial statements. Page 2
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Leziate Drove Garage Ltd is a private company limited by shares and incorporated in England & Wales, registration number 05654691. The registered office is 83 Leziate Drove, Pott Row, Kings Lynn, PE32 1DD. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These have been consistently applied to all years presented unless otherwise stated.
| 2.2 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income 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 income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 4
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | Tangible fixed assets (continued)
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | Straight line
|  |  |  | Plant and machinery | - | 15% | Reducing balance
|  |  |  | Motor vehicles | - | 25% | Reducing balance
|  |  |  | Office equipment | - | 15% | Reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is 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.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.14 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
| 2.15 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 15 (2024 - 13).
Page 6
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 January 2025 | 395,087 | 259,005 | 12,700 | 4,570 | 671,362
| Additions | 9,281 | 10,278 | 1,858 | 745 | 22,162
| Disposals | - | - | (2,000) | - | (2,000)
| At 31 December 2025 | 404,368 | 269,283 | 12,558 | 5,315 | 691,524
| Depreciation |  |  |  |  |
| At 1 January 2025 | 7,305 | 141,230 | 10,346 | 1,816 | 160,697
| Charge for the year on owned assets | 2,861 | 19,208 | 1,026 | 525 | 23,620
| Disposals | - | - | (1,894) | - | (1,894)
| At 31 December 2025 | 10,166 | 160,438 | 9,478 | 2,341 | 182,423
| Net book value |  |  |  |  |
| At 31 December 2025 | 394,202 | 108,845 | 3,080 | 2,974 | 509,101
| At 31 December 2024 | 387,782 | 117,775 | 2,354 | 2,754 | 510,665
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 25,239 | 18,956
| Other debtors | 157 | 15,503
| Prepayments and accrued income | 4,187 | 2,081
|  | 29,583 | 36,540
Page 7
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 115,048 | 121,923
|  | 115,048 | 121,923
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 7,035 | 10,421
| Trade creditors | 44,481 | 30,994
| Corporation tax | 58,830 | 45,778
| Other taxation and social security | 31,528 | 24,271
| Other creditors | 47,508 | 146,125
| Accruals and deferred income | 3,564 | 3,096
|  | 192,946 | 260,685
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 6,947
|  | - | 6,947
Page 8
LEZIATE DROVE GARAGE LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 7,035 | 10,421
|  | 7,035 | 10,421
| Amounts falling due 1-2 years |  |
| Bank loans | - | 6,947
|  | - | 6,947
|  | 7,035 | 17,368
10. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 115,048 | 115,048
| Financial assets measured at fair value through profit or loss comprise...
11. | Transactions with directors
At the year end the company owed £46,125 to one of the directors, Christopher Spragg (2024: owed £146,125 to the director). No fixed repayment terms are in place. At the year end the company was owed £147 (2024: £15,494) by one of the directors, Matthew Spragg. Beneficial loan interest was charged at the official rate. No fixed repayment terms are in place
Page 9