John Childs (Garages) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01207814 (England and Wales)

Financial Statements

for the Year Ended 30 April 2026

for

JOHN CHILDS (GARAGES) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L J Childs

Mrs B Childs

SECRETARY:

Mrs B Childs

REGISTERED OFFICE:

Anchor Garage

Brabourne

Ashford

Kent

TN25 6QQ

REGISTERED NUMBER:

01207814 (England and Wales)

ACCOUNTANTS:

Kemp Carr Brown & Co.

Appletree Office

Frith Road

Aldington

Ashford

Kent

TN25 7HJ

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

168,749

171,185

168,750

171,186

CURRENT ASSETS

Stocks

6

1,000

Debtors

7

9,060

10,748

Cash at bank and in hand

450,177

422,420

460,237

434,168

CREDITORS

Amounts falling due within one year

8

127,668

104,887

NET CURRENT ASSETS

332,569

329,281

TOTAL ASSETS LESS CURRENT
LIABILITIES

501,319

500,467

PROVISIONS FOR LIABILITIES

(332

)

(647

)

ACCRUALS AND DEFERRED INCOME

(127,000

)

(127,000

)

NET ASSETS

373,987

372,820

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

177,283

Retained earnings

9

196,604

195,437

SHAREHOLDERS' FUNDS

373,987

372,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Income Statement has not been delivered.

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

L J Childs - Director

1.	STATUTORY INFORMATION

John Childs (Garages) Limited 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 0, is being amortised evenly over its estimated useful life of nil 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.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% 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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

15,065

AMORTISATION

At 1 May 2025

and 30 April 2026

15,064

NET BOOK VALUE

At 30 April 2026

1

At 30 April 2025

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 May 2025

and 30 April 2026

225,000

49,258

5,788

14,152

294,198

DEPRECIATION

At 1 May 2025

56,000

48,678

4,184

14,151

123,013

Charge for year

2,000

116

320

-

2,436

At 30 April 2026

58,000

48,794

4,504

14,151

125,449

NET BOOK VALUE

At 30 April 2026

167,000

464

1,284

1

168,749

At 30 April 2025

169,000

580

1,604

1

171,185

6.

STOCKS

30.4.26

30.4.25

£

Stocks

1,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade debtors

494

2,635

Prepayments

8,566

8,113

9,060

10,748

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade creditors

108,931

77,883

Tax

771

7,071

Directors Current Account

13,200

12,680

VAT

866

3,353

Accrued expenses

3,900

127,668

104,887

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 May 2025

195,437

177,283

372,720

Profit for the year

1,167

-

1,167

At 30 April 2026

196,604

177,283

373,887