REGISTERED NUMBER: 06886803 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

SAUNDERS GARAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A G Saunders

Mr T J Saunders

REGISTERED OFFICE:

28 Astwick Road

Stotfold

Hitchin

Hertfordshire

SG5 4AT

REGISTERED NUMBER:

06886803 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

5

1,182,349

540,278

CURRENT ASSETS

Debtors

6

70,288

526,432

Cash at bank

73,373

535,351

143,661

1,061,783

CREDITORS

Amounts falling due within one year

7

222,034

570,792

NET CURRENT (LIABILITIES)/ASSETS

(78,373

)

490,991

TOTAL ASSETS LESS CURRENT LIABILITIES

1,103,976

1,031,269

CREDITORS

Amounts falling due after more than one year

8

(45,335

)

(73,063

)

PROVISIONS FOR LIABILITIES

(213,032

)

(135,070

)

NET ASSETS

845,609

823,136

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

845,509

823,036

SHAREHOLDERS' FUNDS

845,609

823,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

Mr J A G Saunders - Director

1.	STATUTORY INFORMATION

Saunders Garage 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

Additions

258,049

-

-

Transfer to ownership

-

229,047

23,250

At 31 October 2025

258,049

229,047

23,250

DEPRECIATION

At 1 November 2024

-

-

-

Charge for year

-

-

-

Transfer to ownership

-

160,983

22,698

At 31 October 2025

-

160,983

22,698

NET BOOK VALUE

At 31 October 2025

258,049

68,064

552

At 31 October 2024

-

-

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

936,196

2,201

938,397

Additions

88,017

55,363

401,429

Transfer to ownership

735,883

-

988,180

At 31 October 2025

1,760,096

57,564

2,328,006

DEPRECIATION

At 1 November 2024

395,918

2,201

398,119

Charge for year

170,344

4,614

174,958

Transfer to ownership

388,899

-

572,580

At 31 October 2025

955,161

6,815

1,145,657

NET BOOK VALUE

At 31 October 2025

804,935

50,749

1,182,349

At 31 October 2024

540,278

-

540,278

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

219,301

DEPRECIATION

At 1 November 2024

122,228

Charge for year

29,261

At 31 October 2025

151,489

NET BOOK VALUE

At 31 October 2025

67,812

At 31 October 2024

97,073

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

67,553

517,439

Other debtors

2,735

8,993

70,288

526,432

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

23,114

38,324

Trade creditors

13,201

136,465

Taxation and social security

76,051

221,809

Other creditors

109,668

174,194

222,034

570,792

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

45,335

73,063

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Mr J A G Saunders

Balance outstanding at start of year

-

38,108

Amounts repaid

-

(38,108

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-