Roundway Garage Limited - Filleted accounts

Registered number

08151671

Roundway Garage Limited

Unaudited Filleted Accounts

30 September 2025

Roundway Garage Limited
Registered number:		08151671
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		17,715			20,683

Current assets
Stocks		5,500			5,500
Debtors	4	-			11,961
Cash at bank and in hand		179,471			153,595
		184,971			171,056

Creditors: amounts falling due within one year	5	(27,894)			(34,313)

Net current assets			157,077			136,743

Total assets less current liabilities			174,792			157,426

Creditors: amounts falling due after more than one year	6		-			(823)



Net assets			174,792			156,603

Capital and reserves
Called up share capital			2			1
Profit and loss account			174,790			156,602

Shareholder's funds			174,792			156,603

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.




R Malik
Director
Approved by the board on 11 May 2026

Roundway Garage Limited
Notes to the Accounts
for the year ended 30 September 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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	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 (which is usually the invoice 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 (which is usually the invoice 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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		6


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	33,426		63,236		119		96,781
	Additions	-		2,937		-		2,937
	At 30 September 2025	33,426		66,173		119		99,718

	Depreciation
	At 1 October 2024	26,207		49,776		115		76,098
	Charge for the year	1,805		4,099		1		5,905
	At 30 September 2025	28,012		53,875		116		82,003

	Net book value
	At 30 September 2025	5,414		12,298		3		17,715
	At 30 September 2024	7,219		13,460		4		20,683


4	Debtors					2025		2024
£							£

	Other debtors					-		11,961


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					5,573		5,933
	Directors loan account					16,375		16,792
	VAT					3,433		9,042
	Other creditors					2,513		2,546
						27,894		34,313


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		823


7	Other information

	Roundway Garage Limited is a private company limited by shares and incorporated in England. Its registered office is:
	4 Dean Street
	Bristol
	BS2 8SF