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Registered number: 09752286
A1 Wetherby Car Storage Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2025
Root Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09752286
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 243,430 301,071
243,430 301,071
CURRENT ASSETS
Debtors 5 25,126 14,796
Cash at bank and in hand 76,678 35,072
101,804 49,868
Creditors: Amounts Falling Due Within One Year 6 (83,805 ) (67,815 )
NET CURRENT ASSETS (LIABILITIES) 17,999 (17,947 )
TOTAL ASSETS LESS CURRENT LIABILITIES 261,429 283,124
Creditors: Amounts Falling Due After More Than One Year 7 - (49,920 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (16,817 ) (29,822 )
NET ASSETS 244,612 203,382
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 244,512 203,282
SHAREHOLDERS' FUNDS 244,612 203,382
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For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Paul Hanson
Director
19/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
A1 Wetherby Car Storage Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09752286 . The registered office is Brickfield House, Aldborough, Boroughbridge, York, YO51 9HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Over 10 years
Fixtures & Fittings 20% on cost
Computer Equipment 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 264,765 185,094 - 449,859
Additions - 180 2,047 2,227
As at 31 August 2025 264,765 185,274 2,047 452,086
Depreciation
As at 1 September 2024 37,824 110,964 - 148,788
Provided during the period 37,823 22,008 37 59,868
As at 31 August 2025 75,647 132,972 37 208,656
Net Book Value
As at 31 August 2025 189,118 52,302 2,010 243,430
As at 1 September 2024 226,941 74,130 - 301,071
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 23,374 13,910
Prepayments and accrued income 1,752 886
25,126 14,796
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 427 3,136
Bank loans and overdrafts - 12,757
Other taxes and social security 39,178 18,311
Credit Card 923 483
Accruals and deferred income 25,058 19,882
Directors' loan accounts 18,219 13,107
Amounts owed to group undertakings - 139
83,805 67,815
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 21,261
Other creditors - 28,659
- 49,920
8. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances
2025 2024
£ £
Other timing differences 16,817 29,822
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
James Hanson is a director and 50% shareholder of A1 Wetherby Car storage Ltd and also a director and 100% shareholder of Speedmaster Limited.
A1 Wetherby Car Storage Ltd owes to Speedmaster Limited at the year end an amount of £Nil (2024 : £138.59).
11. Ultimate Controlling Party
The company's ultimate controlling party is the directors by virtue of their ownership of 100% of the issued share capital in the company.
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