REGISTERED NUMBER: 07453939 (England and Wales)

FOX HOLLIES GARAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R M J Rees

Mrs A Rees

REGISTERED OFFICE:

53a Fox Hollies Road

Walmley

Sutton Coldfield

West Midlands

B76 2RL

REGISTERED NUMBER:

07453939 (England and Wales)

ACCOUNTANTS:

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

FIXED ASSETS

Tangible assets

4

53,678

81,152

CURRENT ASSETS

Stocks

11,325

15,475

Debtors

5

111,825

114,834

Cash at bank and in hand

11,012

6,252

134,162

136,561

CREDITORS

Amounts falling due within one year

6

138,432

149,084

NET CURRENT LIABILITIES

(4,270

)

(12,523

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,408

68,629

CREDITORS

Amounts falling due after more than one year

7

5,538

35,936

NET ASSETS

43,870

32,693

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

43,868

32,691

SHAREHOLDERS' FUNDS

43,870

32,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 August 2026 and were signed on its behalf by:

Mr R M J Rees - Director

1.	STATUTORY INFORMATION

Fox Hollies 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.

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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

25% on reducing balance

Stocks

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 December 2024

101,238

67,636

2,733

171,607

Additions

17,071

-

-

17,071

Disposals

-

(47,385

)

-

(47,385

)

At 30 November 2025

118,309

20,251

2,733

141,293

DEPRECIATION

At 1 December 2024

52,470

35,465

2,520

90,455

Charge for year

16,456

1,382

53

17,891

Eliminated on disposal

-

(20,731

)

-

(20,731

)

At 30 November 2025

68,926

16,116

2,573

87,615

NET BOOK VALUE

At 30 November 2025

49,383

4,135

160

53,678

At 30 November 2024

48,768

32,171

213

81,152

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

Motor

vehicles

£

COST

At 1 December 2024

47,385

Disposals

(47,385

)

At 30 November 2025

-

DEPRECIATION

At 1 December 2024

20,731

Eliminated on disposal

(20,731

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

26,654

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

111,825

114,834

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,000

15,747

Hire purchase contracts

-

13,830

Trade creditors

32,243

16,912

Taxation and social security

86,983

101,177

Other creditors

3,206

1,418

138,432

149,084

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,001

Hire purchase contracts

-

25,935

Other creditors

5,538

-

5,538

35,936

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

39,765

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors received advances totalling £201,224 (2024 - £205,533) and made repayments totalling £204,233 (2024 - £219,317). At 30 November 2025 the directors owed the company £80,276 (2024 - £83,286). These were provided at a interest rate of 3.75% (2024 - 2.25%).