TDC Garage Services Limited - Filleted accounts

Registered number

08872422

TDC Garage Services Limited

Unaudited Filleted Financial Statements

For the year-ended 31 March 2026

TDC Garage Services Limited
Registered number:		08872422
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		6,928			6,203

Current assets
Debtors	4	1,387			927
Cash at bank and in hand		10,925			12,682
		12,312			13,609

Creditors: amounts falling due within one year	5	(13,479)			(18,620)

Net current liabilities			(1,167)			(5,011)

Net assets			5,761			1,192

Capital and reserves
Called up share capital			2			2
Profit and loss account			5,759			1,190

Shareholders' funds			5,761			1,192

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
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.




Mrs C Trowbridge
Director
Approved by the board on 21 June 2026

TDC Garage Services Limited
Notes to the Accounts
for the year ended 31 March 2026


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:

	Equipment	over 2 years
	Motor Vehicles	over 2 years

	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.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2

3	Tangible fixed assets
		Equipment	Motor vehicles		Total
		£	£		£
	Cost
	At 1 April 2025	19,370	7,286		26,656
	Additions	998	6,829		7,827
	Disposals	-	(2,692)		(2,692)
	At 31 March 2026	20,368	11,423		31,791

	Depreciation
	At 1 April 2025	15,945	4,508		20,453
	Charge for the year	3,370	2,416		5,786
	On disposals	-	(1,376)		(1,376)
	At 31 March 2026	19,315	5,548		24,863

	Net book value
	At 31 March 2026	1,053	5,875		6,928
	At 31 March 2025	3,425	2,778		6,203


4	Debtors		2026		2025
£				£

	Trade debtors		1,387		927


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		-		4,969
	Trade creditors		6,213		6,240
	Taxation and social security costs		4,300		2,215
	Other creditors		2,966		5,196
			13,479		18,620


6	Loans		2026		2025
£				£
	Creditors include:

	Secured bank loans		-		4,969

	The bank loan is a bounceback loan and is guaranteed by HM Treasury.


7	Other information

	TDC Garage Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 1c
	Icknield Way Farm Business Park
	Tring Road
	Dunstable
	LU6 2JX