Registered number
00743967
CRAYFORD GARAGE LIMITED
Filleted Accounts
31 August 2025

CRAYFORD GARAGE LIMITED
Registered number: | 00743967
Balance Sheet
as at 31 August 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 1,585,815 |  |  | 1,592,869
Current assets
Stocks |  |  | 16,710 |  |  | 11,850
Debtors | 4 |  | 265,910 |  |  | 269,279
Cash at bank and in hand |  |  | 30,582 |  |  | 56,084
|  |  | 313,202 |  |  | 337,213
Creditors: amounts falling due within one year | 5 |  | (73,930) |  |  | (9,686)
Net current assets |  |  |  | 239,272 |  |  | 327,527
Total assets less current liabilities |  |  |  | 1,825,087 |  |  | 1,920,396
Creditors: amounts falling due after more than one year | 6 |  |  | (74,738) |  |  | (173,539)
Net assets |  |  |  | 1,750,349 |  |  | 1,746,857
Capital and reserves
Called up share capital |  |  |  | 1,000 |  |  | 1,000
Revaluation reserve | 7 |  |  | 539,894 |  |  | 539,894
Profit and loss account |  |  |  | 1,209,455 |  |  | 1,205,963
Shareholder's funds |  |  |  | 1,750,349 |  |  | 1,746,857
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Vasilis Nichola Koumallou
Director
Approved by the board on 9 May 2026

CRAYFORD GARAGE LIMITED
Notes to the Accounts
for the year ended 31 August 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 3 |  | 2
3 | Tangible fixed assets
|  | Land and buildings |  | Plant and machinery etc |  | Motor vehicles |  | Total
£ | £ | £ | £
| Cost
| At 1 September 2024 | 1,348,074 |  | 301,468 |  | 173,810 |  | 1,823,352
| Additions | - |  | 29,427 |  | - |  | 29,427
| At 31 August 2025 | 1,348,074 |  | 330,895 |  | 173,810 |  | 1,852,779
| Depreciation
| At 1 September 2024 | - |  | 56,673 |  | 173,810 |  | 230,483
| Charge for the year | - |  | 36,481 |  | - |  | 36,481
| At 31 August 2025 | - |  | 93,154 |  | 173,810 |  | 266,964
| Net book value
| At 31 August 2025 | 1,348,074 |  | 237,741 |  | - |  | 1,585,815
| At 31 August 2024 | 1,348,074 |  | 244,795 |  | - |  | 1,592,869
4 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 17,002 |  | 35,904
| Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | 248,908 |  | 233,375
|  |  |  |  |  | 265,910 |  | 269,279
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Obligations under finance lease and hire purchase contracts | 63,829 |  | -
| Trade creditors | 5,211 |  | 1,150
| Taxation and social security costs | 4,813 |  | 8,475
| Other creditors | 77 |  | 61
|  |  |  |  |  | 73,930 |  | 9,686
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Obligations under finance lease and hire purchase contracts | 74,738 |  | 173,539
7 | Revaluation reserve | 2025 |  | 2024
£ | £
| At 1 September 2024 | 539,894 |  | 539,894
| At 31 August 2025 | 539,894 |  | 539,894
8 | Controlling party
| The company was in both the current and preceding accounting periods under the ultimate control of its director by virtue of his ownership, together with associates, of the entire issued share capital.
9 | Other information
| CRAYFORD GARAGE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
| 2a-3 Stock Orchard Street
| Islington
| London
| N7 9RW

CRAYFORD GARAGE LIMITED 00743967 false 2024-09-01 2025-08-31 2025-08-31 VT Final Accounts May 2026 Vasilis Nichola Koumallou No description of principal activity 00743967 2023-09-01 2024-08-31 00743967 core:WithinOneYear 2024-08-31 00743967 core:AfterOneYear 2024-08-31 00743967 core:ShareCapital 2024-08-31 00743967 core:OtherReservesSubtotal 2024-08-31 00743967 core:RetainedEarningsAccumulatedLosses 2024-08-31 00743967 core:RevaluationReserve 2023-08-31 00743967 2024-09-01 2025-08-31 00743967 bus:EntityNoLongerTradingButTradedInPast 2024-09-01 2025-08-31 00743967 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 00743967 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 00743967 bus:Director40 2024-09-01 2025-08-31 00743967 1 2024-09-01 2025-08-31 00743967 2 2024-09-01 2025-08-31 00743967 core:LandBuildings 2024-09-01 2025-08-31 00743967 core:PlantMachinery 2024-09-01 2025-08-31 00743967 core:Vehicles 2024-09-01 2025-08-31 00743967 countries:England 2024-09-01 2025-08-31 00743967 bus:FRS102 2024-09-01 2025-08-31 00743967 bus:FilletedAccounts 2024-09-01 2025-08-31 00743967 2025-08-31 00743967 core:WithinOneYear 2025-08-31 00743967 core:AfterOneYear 2025-08-31 00743967 core:ShareCapital 2025-08-31 00743967 core:OtherReservesSubtotal 2025-08-31 00743967 core:RetainedEarningsAccumulatedLosses 2025-08-31 00743967 core:LandBuildings 2025-08-31 00743967 core:PlantMachinery 2025-08-31 00743967 core:Vehicles 2025-08-31 00743967 core:RevaluationReserve 2025-08-31 00743967 2024-08-31 00743967 core:LandBuildings 2024-08-31 00743967 core:PlantMachinery 2024-08-31 00743967 core:Vehicles 2024-08-31 00743967 core:RevaluationReserve 2024-08-31 iso4217:GBP xbrli:pure