WALNUT TREE GARAGE LIMITED

WALNUT TREE GARAGE LIMITED
Contents Page
For the year ended 31 August 2025

Company information	1
Directors' report	2
Accountants' report	3
Income statement	4
Statement of financial position	5
Notes to the financial statements	6
Statement of changes in equity	7

WALNUT TREE GARAGE LIMITED
Company Information
For the year ended 31 August 2025

Directors	Jessica Kathleen TOD Julian Paul TOD Paul Richard TOD Mark John TOD
Registered Number	08667285
Registered Office	WALNUT TREE YARD MILL STREET ABERGAVENNY NP7 5HE
Accountants	Child and Child Accountants Ltd 49 Somerset Street Abertillery Gwent NP13 1DL

1

WALNUT TREE GARAGE LIMITED
Directors' Report
For the year ended 31 August 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 August 2025

Principal activities

The principal activity of the company continued to be that of sale of commercial vehicles.

Directors

The directors who served the company throughout the year were as follows:

Jessica Kathleen TOD

Julian Paul TOD

Paul Richard TOD

Mark John TOD

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Julian Paul TOD
Director

Date approved: 22 May 2026

2

WALNUT TREE GARAGE LIMITED Accountants' Report For the year ended 31 August 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WALNUT TREE GARAGE LIMITED for the year ended 31 August 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WALNUT TREE GARAGE LIMITED for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of WALNUT TREE GARAGE LIMITED , as a body, in accordance with the terms of our engagement letter dated 22 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of WALNUT TREE GARAGE LIMITED and state those matters that we have agreed to state to the Board of Directors of WALNUT TREE GARAGE LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WALNUT TREE GARAGE LIMITED and its Board of Directors as a body for our work or for this report. It is your duty to ensure that WALNUT TREE GARAGE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WALNUT TREE GARAGE LIMITED . You consider that WALNUT TREE GARAGE LIMITED is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of WALNUT TREE GARAGE LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts .................................................... Child and Child Accountants Ltd 49 Somerset Street Abertillery Gwent NP13 1DL 22 May 2026 3

WALNUT TREE GARAGE LIMITED
Accountants' Report
For the year ended 31 August 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WALNUT TREE GARAGE LIMITED for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WALNUT TREE GARAGE LIMITED for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of WALNUT TREE GARAGE LIMITED , as a body, in accordance with the terms of our engagement letter dated 22 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of WALNUT TREE GARAGE LIMITED and state those matters that we have agreed to state to the Board of Directors of WALNUT TREE GARAGE LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WALNUT TREE GARAGE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WALNUT TREE GARAGE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WALNUT TREE GARAGE LIMITED . You consider that WALNUT TREE GARAGE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WALNUT TREE GARAGE LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

....................................................
Child and Child Accountants Ltd
49 Somerset Street
Abertillery
Gwent
NP13 1DL
22 May 2026

3

WALNUT TREE GARAGE LIMITED
Income Statement
For the year ended 31 August 2025

	2025 £	2024 £
Turnover	1,876,791	2,283,896
Cost of sales	(1,537,912)	(1,809,027)
Gross profit	338,879	474,869
Administrative expenses	(358,816)	(284,938)
Operating profit/(loss)	(19,937)	189,931
Interest payable and similar charges	(122)	-
Profit/(Loss) on ordinary activities before taxation	(20,059)	189,931
Tax on profit on ordinary activities	14,993	(29,547)
Profit/(Loss) for the financial year	(5,066)	160,384

4

Registered Number: 08667285 WALNUT TREE GARAGE LIMITED
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	170,785	142,943
		170,785	142,943
Current assets
Stocks	5	381,553	531,206
Debtors	6	59,315	19,120
Cash at bank and in hand		16,021	110,556
		456,889	660,882
Creditors: amount falling due within one year	7	(80,903)	(183,450)
Net current assets		375,986	477,432

Total assets less current liabilities		546,771	620,375
Creditors: amount falling due after more than one year	8	(174,152)	(174,152)
Provisions for liabilities	9	(12,099)	(19,301)
Net assets		360,520	426,922

Capital and reserves
Called up share capital		100	100
Profit and loss account		360,420	426,822
Shareholders' funds		360,520	426,922

For the year ended 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 accounts for the year in question 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 accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 22 May 2026 and were signed on its behalf by:

-------------------------------
Julian Paul TOD
Director

5

WALNUT TREE GARAGE LIMITED
Statement of Changes in Equity
For the year ended 31 August 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 September 2023	100	307,912	308,012
Profit/(Loss) for the year		160,384	160,384
Total comprehensive income for the year	-	160,384	160,384
Dividends		(41,474)	(41,474)
Total investments by and distributions to owners	-	(41,474)	(41,474)
At 31 August 2024	100	426,822	426,922
At 01 September 2024	100	426,822	426,922
Profit/(Loss) for the year		(5,066)	(5,066)
Total comprehensive income for the year	-	(5,066)	(5,066)
Dividends		(61,336)	(61,336)
Total investments by and distributions to owners	-	(61,336)	(61,336)
At 31 August 2025	100	360,420	360,520

6

WALNUT TREE GARAGE LIMITED
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

WALNUT TREE GARAGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08667285, registration address WALNUT TREE YARD, MILL STREET , ABERGAVENNY, NP7 5HE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 10 (2024 : 10).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 September 2024	(202,000)	(202,000)
Additions	-	-
Disposals	-	-
At 31 August 2025	(202,000)	(202,000)
Amortisation
At 01 September 2024	(202,000)	(202,000)
Charge for year	-	-
On disposals	-	-
At 31 August 2025	(202,000)	(202,000)
Net book values
At 31 August 2025	-	-
At 31 August 2024	-	-

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 September 2024	261,472	-	261,472
Additions	66,900	20,000	86,900
Disposals	(18,600)	-	(18,600)
At 31 August 2025	309,772	20,000	329,772
Depreciation
At 01 September 2024	118,529	-	118,529
Charge for year	41,133	-	41,133
On disposals	(675)	-	(675)
At 31 August 2025	158,987	-	158,987
Net book values
Closing balance as at 31 August 2025	150,785	20,000	170,785
Opening balance as at 01 September 2024	142,943	-	142,943

5.

Stocks

	2025 £		2024 £
Stocks	381,553		531,206
	381,553		531,206

6.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	48,956	16,548
Prepayments	2,579	2,572
Corporation Tax	7,780	-
	59,315	19,120

7.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	18,723	52,939
Corporation Tax	-	35,981
PAYE & Social Security	1,294	1,248
Accruals	1,353	1,300
Pension Creditor	86	-
Directors' Current Accounts	48,650	83,694
VAT	10,797	8,288
	80,903	183,450

8.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Directors' Loan Accounts	174,152		174,152
	174,152		174,152

9.

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	12,099		19,301
	12,099		19,301

7

Registered Number: 08667285
England and Wales
WALNUT TREE GARAGE LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025