Silverfin false false 31/08/2025 01/09/2024 31/08/2025 Mr A Blackmore 14/02/2002 Mr P Blackmore 17/08/1998 Mr C Mead 02/08/2023 05 May 2026 The principal activity of the Company during the financial year was motor garage operations and car sales. 03610806 2025-08-31 03610806 bus:Director1 2025-08-31 03610806 bus:Director2 2025-08-31 03610806 bus:Director3 2025-08-31 03610806 2024-08-31 03610806 core:CurrentFinancialInstruments 2025-08-31 03610806 core:CurrentFinancialInstruments 2024-08-31 03610806 core:Non-currentFinancialInstruments 2025-08-31 03610806 core:Non-currentFinancialInstruments 2024-08-31 03610806 core:ShareCapital 2025-08-31 03610806 core:ShareCapital 2024-08-31 03610806 core:RetainedEarningsAccumulatedLosses 2025-08-31 03610806 core:RetainedEarningsAccumulatedLosses 2024-08-31 03610806 core:OtherResidualIntangibleAssets 2024-08-31 03610806 core:OtherResidualIntangibleAssets 2025-08-31 03610806 core:LandBuildings 2024-08-31 03610806 core:OtherPropertyPlantEquipment 2024-08-31 03610806 core:LandBuildings 2025-08-31 03610806 core:OtherPropertyPlantEquipment 2025-08-31 03610806 bus:OrdinaryShareClass1 2025-08-31 03610806 bus:OrdinaryShareClass2 2025-08-31 03610806 bus:OrdinaryShareClass3 2025-08-31 03610806 bus:OrdinaryShareClass4 2025-08-31 03610806 2024-09-01 2025-08-31 03610806 bus:FilletedAccounts 2024-09-01 2025-08-31 03610806 bus:SmallEntities 2024-09-01 2025-08-31 03610806 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 03610806 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 03610806 bus:Director1 2024-09-01 2025-08-31 03610806 bus:Director2 2024-09-01 2025-08-31 03610806 bus:Director3 2024-09-01 2025-08-31 03610806 core:OtherResidualIntangibleAssets core:TopRangeValue 2024-09-01 2025-08-31 03610806 core:LandBuildings core:TopRangeValue 2024-09-01 2025-08-31 03610806 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 03610806 2023-09-01 2024-08-31 03610806 core:LandBuildings 2024-09-01 2025-08-31 03610806 core:Non-currentFinancialInstruments 2024-09-01 2025-08-31 03610806 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 03610806 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 03610806 bus:OrdinaryShareClass2 2024-09-01 2025-08-31 03610806 bus:OrdinaryShareClass2 2023-09-01 2024-08-31 03610806 bus:OrdinaryShareClass3 2024-09-01 2025-08-31 03610806 bus:OrdinaryShareClass3 2023-09-01 2024-08-31 03610806 bus:OrdinaryShareClass4 2024-09-01 2025-08-31 03610806 bus:OrdinaryShareClass4 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03610806 (England and Wales)

# BORINGDON MANOR GARAGE LIMITED

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

BORINGDON MANOR GARAGE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 August 2025

Contents

BORINGDON MANOR GARAGE LIMITED

## BALANCE SHEET

As at 31 August 2025
BORINGDON MANOR GARAGE LIMITED

## BALANCE SHEET (continued)

As at 31 August 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 19,723 |  | 20,486
|  | 19,723 |  | 20,486
Current assets |  |  |  |
Stocks |  | 30,627 |  | 16,620
Debtors | 5 | 66,435 |  | 63,168
Cash at bank and in hand |  | 147,811 |  | 134,430
|  | 244,873 |  | 214,218
Creditors: amounts falling due within one year | 6 | ( 239,348) |  | ( 196,033)
Net current assets |  | 5,525 |  | 18,185
Total assets less current liabilities |  | 25,248 |  | 38,671
Creditors: amounts falling due after more than one year | 7 | 0 |  | ( 6,750)
Provision for liabilities |  | ( 2,676) |  | ( 2,761)
Net assets |  | 22,572 |  | 29,160
Capital and reserves |  |  |  |
Called-up share capital | 8 | 100 |  | 100
Profit and loss account |  | 22,472 |  | 29,060
Total shareholders' funds |  | 22,572 |  | 29,160

For the financial year ending 31 August 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 financial statements for the financial year in accordance with section 476;
- 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; 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Boringdon Manor Garage Limited (registered number: 03610806) were approved and authorised for issue by the Board of Directors on 05 May 2026. They were signed on its behalf by:

Mr A Blackmore Director |  | Mr P Blackmore Director
Mr C Mead Director |

BORINGDON MANOR GARAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2025
BORINGDON MANOR GARAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 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

Boringdon Manor 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 Unit 7 Valley Road, Plympton, Plymouth, PL7 1RF, 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 is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

##### Employee benefits

Defined contribution schemes
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.

##### 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.
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 average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### 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:

Other intangible assets | 5 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. 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:

Land and buildings | 10 years straight line
Plant and machinery etc. | 15 - 20 % reducing balance

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.

##### 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 Statement of Income and Retained Earnings 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.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 10 |  | 10

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 September 2024 | 3,000 |  | 3,000
At 31 August 2025 | 3,000 |  | 3,000
Accumulated amortisation |  |  |
At 01 September 2024 | 3,000 |  | 3,000
At 31 August 2025 | 3,000 |  | 3,000
Net book value |  |  |
At 31 August 2025 | 0 |  | 0
At 31 August 2024 | 0 |  | 0

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 September 2024 | 6,768 |  | 186,666 |  | 193,434
Additions | 0 |  | 3,996 |  | 3,996
At 31 August 2025 | 6,768 |  | 190,662 |  | 197,430
Accumulated depreciation |  |  |  |  |
At 01 September 2024 | 6,768 |  | 166,180 |  | 172,948
Charge for the financial year | 0 |  | 4,759 |  | 4,759
At 31 August 2025 | 6,768 |  | 170,939 |  | 177,707
Net book value |  |  |  |  |
At 31 August 2025 | 0 |  | 19,723 |  | 19,723
At 31 August 2024 | 0 |  | 20,486 |  | 20,486

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 42,196 |  | 20,677
Other debtors | 24,239 |  | 42,491
| 66,435 |  | 63,168

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

| 2025 |  | 2024
| £ |  | £
Bank loans | 6,750 |  | 9,000
Trade creditors | 70,169 |  | 42,964
Taxation and social security | 65,035 |  | 64,862
Other creditors | 97,394 |  | 79,207
| 239,348 |  | 196,033

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

| 2025 |  | 2024
| £ |  | £
Bank loans | 0 |  | 6,750

There are no amounts included above in respect of which any security has been given by the small entity.

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
39 Ordinary A shares of £ 1.00 each | 39 |  | 39
39 Ordinary B shares of £ 1.00 each | 39 |  | 39
2 Ordinary C shares of £ 1.00 each | 2 |  | 2
20 Ordinary D shares of £ 1.00 each | 20 |  | 20
| 100 |  | 100

#### 9. Financial commitments

Commitments

| 2025 |  | 2024
| £ |  | £
Total future minimum lease payments under non-cancellable operating leases | 25,201 |  | 0

#### 10. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Balance brought forward | 29,605 |  | 55,518
Advances to director | 76,349 |  | 205,844
Repayments by director | (103,160) |  | (232,982)
Interest charged at the official rate | 123 |  | 1,225
| 0 |  | 0
Balance carried forward | 2,917 |  | 29,605

The amount is repayable on demand and interest is charged at HMRC's official rate.