PARK GARAGE (ELMSWELL) LIMITED

Company Registration Number:
08246247 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2025

Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

PARK GARAGE (ELMSWELL) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Notes

PARK GARAGE (ELMSWELL) LIMITED

Balance sheet

As at 31 October 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,603 3,470
Investments:   0 0
Total fixed assets: 2,603 3,470
Current assets
Stocks: 3,676 4,075
Debtors:   28,885 28,194
Cash at bank and in hand: 19,118 43,988
Investments:   0 0
Total current assets: 51,679 76,257
Creditors: amounts falling due within one year:   (32,533) (41,391)
Net current assets (liabilities): 19,146 34,866
Total assets less current liabilities: 21,749 38,336
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (495) (659)
Total net assets (liabilities): 21,254 37,677
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 21,253 37,676
Shareholders funds: 21,254 37,677

The notes form part of these financial statements

PARK GARAGE (ELMSWELL) LIMITED

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 May 2026
and signed on behalf of the board by:

Name: W C Grove-Merritt
Status: Director

The notes form part of these financial statements

PARK GARAGE (ELMSWELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover consists of the invoiced value (excluding VAT) receivable by the company in the ordinary course of business for goods supplied and for services supplied as a principal, adjusted for any sundry under or over payments, or other recording anomalies.

Tangible fixed assets and depreciation policy

Depreciation is calculated to write off the cost, less the estimated residual values, of tangible fixed assets over their estimated useful lives. Where there is evidence of impairment, fixed asset values are written down to reflect the same, with any such reduction in carried values being charged to operating profit. Plant & machinery - 25% reducing balance basis

Valuation and information policy

Stock and work in progress Stock and work in progress are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.

Other accounting policies

Deferred Taxation Deferred tax arises by virtue of the inclusion of items, of either income or expenditure, in taxation computations for periods that differ from those in which they are included in the accounts. Where the future reversal of such timing differences would result in either an increased or a reduced liability, provision is made in full, at such rates as might reasonably be expected to prevail. Pension Costs Contributions in respect of the company's defined contributions pension scheme are charged to the profit and loss account for the year in which they become payable. Differences between contributions payable and contributions actually paid, are shown as either accruals or prepayments at the year end. Going Concern Basis of Accounting The accounts have been prepared on the assumption that the company is able to carry on business as a going concern.

PARK GARAGE (ELMSWELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

2. Employees

2025 2024
Average number of employees during the period 4 4

PARK GARAGE (ELMSWELL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible Assets

Total
Cost £
At 01 November 2024 20,562
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2025 20,562
Depreciation
At 01 November 2024 17,092
Charge for year 867
On disposals 0
Other adjustments 0
At 31 October 2025 17,959
Net book value
At 31 October 2025 2,603
At 31 October 2024 3,470