REGISTERED NUMBER: 07777765 (England and Wales)

WOLF GARAGE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Cartwright

Ms A Wade (Cartwright)

A Cartwright

REGISTERED OFFICE:

CN House Brooks Drive

Cheadle Royal Business Park

Cheadle

Stockport

SK8 3TD

REGISTERED NUMBER:

07777765 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Intangible assets

4

2,652

5,303

Tangible assets

5

7,299

6,551

9,951

11,854

CURRENT ASSETS

Stocks

7,830

6,280

Debtors

6

2,938

2,036

Cash at bank and in hand

39,399

79,070

50,167

87,386

CREDITORS

Amounts falling due within one year

7

53,409

66,785

NET CURRENT (LIABILITIES)/ASSETS

(3,242

)

20,601

TOTAL ASSETS LESS CURRENT LIABILITIES

6,709

32,455

CREDITORS

Amounts falling due after more than one year

8

-

(3,043

)

PROVISIONS FOR LIABILITIES

(1,825

)

(1,637

)

NET ASSETS

4,884

27,775

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

4,883

27,774

SHAREHOLDERS' FUNDS

4,884

27,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

B Cartwright - Director

1.	STATUTORY INFORMATION

Wolf Garage Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

39,767

AMORTISATION

At 1 October 2024

34,464

Charge for year

2,651

At 30 September 2025

37,115

NET BOOK VALUE

At 30 September 2025

2,652

At 30 September 2024

5,303

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

13,078

6,318

27,150

46,546

Additions

3,200

-

-

3,200

Disposals

-

-

(750

)

(750

)

At 30 September 2025

16,278

6,318

26,400

48,996

DEPRECIATION

At 1 October 2024

10,268

4,948

24,779

39,995

Charge for year

1,503

343

589

2,435

Eliminated on disposal

-

-

(733

)

(733

)

At 30 September 2025

11,771

5,291

24,635

41,697

NET BOOK VALUE

At 30 September 2025

4,507

1,027

1,765

7,299

At 30 September 2024

2,810

1,370

2,371

6,551

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,477

1,559

Prepayments

461

477

2,938

2,036

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,197

5,750

Trade creditors

10,769

15,471

Corporation tax

14,250

25,816

Social security and other taxes

2,226

2,292

Pension control

129

-

VAT

10,353

13,099

Barclaycard credit card

3,848

1,112

RBS credit card

1,782

1,218

Directors' current accounts

3,150

-

Accrued expenses

3,705

2,027

53,409

66,785

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

3,043

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

B Cartwright

Balance outstanding at start of year

-

10,000

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B Cartwright.