Registration number: 15567082

Johnstones Garage Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Johnstones Garage Limited

Company Information

Director

Mr A T H Johnstone

Registered office

North Road Kirkby Stephen Cumbria CA17 4RP

Accountants

Stables Thompson & Briscoe Ltd Chartered Accountants & Business AdvisersUnit 27, Cumberland House Kirkby Stephen Business Park St Luke’s Road Kirkby Stephen Cumbria CA17 4HT

Johnstones Garage Limited

(Registration number: 15567082)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	31,698	-
Current assets
Stocks	5	608,992	-
Debtors	6	94,080	-
Cash at bank and in hand		277,939	100
		981,011	100
Creditors: Amounts falling due within one year	7	(226,542)	-
Net current assets		754,469	100
Total assets less current liabilities		786,167	100
Creditors: Amounts falling due after more than one year	7	(539,967)	-
Net assets		246,200	100
Capital and reserves
Called up share capital	8	100	100
Retained earnings		246,100	-
Shareholders' funds		246,200	100

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2026
 

......................................... Mr A T H Johnstone Director

Johnstones Garage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
North Road
Kirkby Stephen
Cumbria
CA17 4RP

These financial statements were authorised for issue by the director on 24 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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: 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Johnstones Garage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 23 (2024 - 0).

Johnstones Garage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	42,264	42,264
At 31 December 2025	42,264	42,264
Depreciation
Charge for the year	10,566	10,566
At 31 December 2025	10,566	10,566
Carrying amount
At 31 December 2025	31,698	31,698

5

Stocks

	2025 £	2024 £
Other inventories	608,992	-

6

Debtors

Current	2025 £	2024 £
Trade debtors	92,967	-
Prepayments	1,113	-
	94,080	-

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	6,619	-
Trade creditors		91,542	-
Taxation and social security		122,058	-
Accruals and deferred income		6,323	-
		226,542	-

Creditors: amounts falling due after more than one year

Johnstones Garage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	539,967	-

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	22,678	-
Other borrowings	517,289	-
	539,967	-

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	6,619	-