Shaen Garage Limited 00826150 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is of garage proprietors Digita Accounts Production Advanced 6.30.9574.0 true 00826150 2024-10-01 2025-09-30 00826150 2025-09-30 00826150 core:CurrentFinancialInstruments 2025-09-30 00826150 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 00826150 core:FurnitureFittingsToolsEquipment 2025-09-30 00826150 core:LandBuildings 2025-09-30 00826150 core:MotorVehicles 2025-09-30 00826150 core:OtherPropertyPlantEquipment 2025-09-30 00826150 bus:SmallEntities 2024-10-01 2025-09-30 00826150 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 00826150 bus:FilletedAccounts 2024-10-01 2025-09-30 00826150 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 00826150 bus:RegisteredOffice 2024-10-01 2025-09-30 00826150 bus:Director1 2024-10-01 2025-09-30 00826150 bus:Director3 2024-10-01 2025-09-30 00826150 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 00826150 bus:Agent1 2024-10-01 2025-09-30 00826150 core:FurnitureFittings 2024-10-01 2025-09-30 00826150 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 00826150 core:LandBuildings 2024-10-01 2025-09-30 00826150 core:MotorVehicles 2024-10-01 2025-09-30 00826150 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 00826150 core:PlantMachinery 2024-10-01 2025-09-30 00826150 countries:EnglandWales 2024-10-01 2025-09-30 00826150 2024-09-30 00826150 core:FurnitureFittingsToolsEquipment 2024-09-30 00826150 core:LandBuildings 2024-09-30 00826150 core:MotorVehicles 2024-09-30 00826150 core:OtherPropertyPlantEquipment 2024-09-30 00826150 2023-10-01 2024-09-30 00826150 2024-09-30 00826150 core:CurrentFinancialInstruments 2024-09-30 00826150 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 00826150 core:FurnitureFittingsToolsEquipment 2024-09-30 00826150 core:LandBuildings 2024-09-30 00826150 core:MotorVehicles 2024-09-30 00826150 core:OtherPropertyPlantEquipment 2024-09-30 iso4217:GBP xbrli:pure

Registration number: 00826150

Shaen Garage Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Shaen Garage Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 8

Shaen Garage Limited

Company Information

Directors | Mr M Innocent Mr R D Innocent

Registered office | Fawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Accountants | Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Shaen Garage Limited

(Registration number: 00826150)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 688,704 | 674,359
Current assets |  |  |
Stocks | 5 | 811,106 | 555,410
Debtors | 6 | 72,742 | 40,240
Cash at bank and in hand |  | 344,042 | 609,312
|  | 1,227,890 | 1,204,962
Creditors: Amounts falling due within one year | 7 | (250,889) | (298,292)
Net current assets |  | 977,001 | 906,670
Total assets less current liabilities |  | 1,665,705 | 1,581,029
Provisions for liabilities |  | (98,000) | (90,000)
Net assets |  | 1,567,705 | 1,491,029
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Revaluation reserve |  | 493,563 | 505,014
Retained earnings |  | 1,073,142 | 985,015
Shareholders' funds |  | 1,567,705 | 1,491,029

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 July 2026 and signed on its behalf by:

Shaen Garage Limited

(Registration number: 00826150)
Balance Sheet as at 30 September 2025

......................................... Mr M Innocent Director

Shaen Garage Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fawley House 2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD
United Kingdom

These financial statements were authorised for issue by the Board on 13 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Government grants

Government grants are recognised under the accrual model of grant recognition. This model requires the grant to be classified as either a revenue-based grant or a capital-based grant.
Government grants are recognised in profit or loss on a systematic basis over the periods in which the entity recognises expenses for the related costs for which the grants are intended to compensate.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Shaen Garage Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 2% on cost or valuation
Improvements to freehold property | 10% reducing balance basis
Motor vehicles | 25% straight line basis
Plant and machinery | 15-25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Shaen Garage Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2024 - 16).

Shaen Garage Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Land and buildings £ | Improvements to freehold property £ | Motor vehicles £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2024 | 700,000 | 45,181 | 45,231 | 269,775 | 1,060,187
Additions | - | - | 38,396 | 17,309 | 55,705
Disposals | - | - | (36,675) | - | (36,675)
At 30 September 2025 | 700,000 | 45,181 | 46,952 | 287,084 | 1,079,217
Depreciation
At 1 October 2024 | 112,000 | 27,287 | 37,784 | 208,757 | 385,828
Charge for the year | 14,000 | 1,790 | 10,270 | 10,642 | 36,702
Eliminated on disposal | - | - | (32,017) | - | (32,017)
At 30 September 2025 | 126,000 | 29,077 | 16,037 | 219,399 | 390,513
Carrying amount
At 30 September 2025 | 574,000 | 16,104 | 30,915 | 67,685 | 688,704
At 30 September 2024 | 588,000 | 17,894 | 7,447 | 61,018 | 674,359

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 811,106 | 555,410

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 54,509 | 26,024
Prepayments | 14,083 | 9,531
Other debtors | 4,150 | 4,685
| 72,742 | 40,240

Shaen Garage Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 65,476 | 92,300
Amounts owed to related parties |  | 20,052 | 21,172
Taxation and social security |  | 66,945 | 73,845
Other creditors |  | 98,416 | 110,975
|  | 250,889 | 298,292