Company No: 07891932 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Andrew Fiddler
	David Robinson
	Paul Vollans

REGISTERED OFFICE	Wellington House Aviator Court
	Clifton Moor
	York
	YO30 4UZ
	United Kingdom

COMPANY NUMBER

07891932 (England and Wales)

ACCOUNTANT	Ian Walker & Co
	Wellington House
	Aviator Court
	Clifton Moor
	York
	YO31 4UZ

	Note	31.08.2025		31.12.2024
		£		£
Fixed assets
Tangible assets	3	2,664		2,950
		2,664		2,950
Current assets
Stocks	4	73,900		139,850
Debtors	5	1,507		20,161
Cash at bank and in hand	6	10,666		20,596
		86,073		180,607
Creditors: amounts falling due within one year	7	( 70,749)		( 162,170)
Net current assets		15,324		18,437
Total assets less current liabilities		17,988		21,387
Net assets		17,988		21,387
Capital and reserves
Called-up share capital	8	90		90
Profit and loss account		17,898		21,297
Total shareholders' funds		17,988		21,387

For the financial period 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 period 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 Crossroads Garage (Selby) Ltd (registered number: 07891932) were approved and authorised for issue by the Board of Directors on 11 May 2026. They were signed on its behalf by:

Andrew Fiddler Director

1. Accounting policies

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

General information and basis of accounting

Crossroads Garage (Selby) Ltd (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 Wellington House Aviator Court, Clifton Moor, York, YO30 4UZ, 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 £.

Reporting period length

The company has shortened its accounting period to eight months, ending on 31/08/2025, due to the decision to cease trading. As a result, these financial statements cover a reduced reporting period compared to the prior year. Comparative figures relate to the previous twelve-month period. The change does not affect the recognition or measurement of assets, liabilities, income, or expenses.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

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 current tax rates and laws. 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.

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.

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:

Plant and machinery	15 % reducing balance
Fixtures and fittings	25 % reducing balance
Office equipment	25 % 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.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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.

2. Employees

	Period from 01.01.2025 to 31.08.2025		Year ended 31.12.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	3		3

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 January 2025	7,891		1,620		317		9,828
Disposals	0		( 1,620)		( 317)		( 1,937)
At 31 August 2025	7,891		0		0		7,891
Accumulated depreciation
At 01 January 2025	5,011		1,582		285		6,878
Charge for the financial period	216		4		4		224
Disposals	0		( 1,586)		( 289)		( 1,875)
At 31 August 2025	5,227		0		0		5,227
Net book value
At 31 August 2025	2,664		0		0		2,664
At 31 December 2024	2,880		38		32		2,950

4. Stocks

	31.08.2025		31.12.2024
	£		£
Stocks	73,900		139,850

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

5. Debtors

	31.08.2025		31.12.2024
	£		£
Other debtors	1,507		20,161

6. Cash and cash equivalents

	31.08.2025		31.12.2024
	£		£
Cash at bank and in hand	10,666		20,596

7. Creditors: amounts falling due within one year

	31.08.2025		31.12.2024
	£		£
Trade creditors	330		67,410
Taxation and social security	23,307		17,983
Other creditors	47,112		76,777
	70,749		162,170

8. Called-up share capital

	31.08.2025		31.12.2024
	£		£
Allotted, called-up and fully-paid
90 Ordinary shares of £ 1.00 each	90		90