Central Garage MOT And Repair Centre Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10499007

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,783		5,313
Tangible Assets	5		163,837		160,147

			166,620		165,460
CURRENT ASSETS
Debtors	6	6,095		5,699
Cash at bank and in hand		13,903		127,274

		19,998		132,973
Creditors: Amounts Falling Due Within One Year	7	(88,960 )		(184,635 )

NET CURRENT ASSETS (LIABILITIES)			(68,962 )		(51,662 )

TOTAL ASSETS LESS CURRENT LIABILITIES			97,658		113,798

Creditors: Amounts Falling Due After More Than One Year	8		(152,011 )		(169,640 )

NET LIABILITIES			(54,353 )		(55,842 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(54,354 )		(55,843 )

SHAREHOLDERS' FUNDS			(54,353)		(55,842)

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Central Garage MOT And Repair Centre Ltd.

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr T M Reynolds-Duffy

Director

3 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Central Garage MOT And Repair Centre Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10499007 . The registered office is Central Garage, Four Lanes, Redruth, TR16 6QW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years, after the acquisition of a business in 2016.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0% on cost
Plant & Machinery	25% on cost
Motor Vehicles	20% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	33% on cost

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Central Garage MOT And Repair Centre Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7.

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	25,300

As at 31 March 2026	25,300

Amortisation
As at 1 April 2025	19,987
Provided during the period	2,530

As at 31 March 2026	22,517

Net Book Value
As at 31 March 2026	2,783

As at 1 April 2025	5,313

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	151,962	30,247	6,999	232
Additions	-	4,869	4,250	199

As at 31 March 2026	151,962	35,116	11,249	431

Depreciation
As at 1 April 2025	-	25,588	4,199	93
Provided during the period	-	3,173	2,250	86

As at 31 March 2026	-	28,761	6,449	179

Net Book Value
As at 31 March 2026	151,962	6,355	4,800	252

As at 1 April 2025	151,962	4,659	2,800	139

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Central Garage MOT And Repair Centre Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	4,621	194,061
Additions	398	9,716

As at 31 March 2026	5,019	203,777

Depreciation
As at 1 April 2025	4,034	33,914
Provided during the period	517	6,026

As at 31 March 2026	4,551	39,940

Net Book Value
As at 31 March 2026	468	163,837

As at 1 April 2025	587	160,147

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,179	2,009
Other debtors	3,916	3,690

	6,095	5,699

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	38,575	27,187
Bank loans and overdrafts	3,645	3,480
Other loans	13,576	10,230
Corporation tax	-	(265 )
Other taxes and social security	1,356	1,185
VAT	5,787	4,727
Other creditors	436	110,173
Credit card	16,159	15,984
Accruals and deferred income	143	429
Director's loan account	9,283	11,505

	88,960	184,635

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	8,792	12,845
Other loans	143,219	156,795

	152,011	169,640

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Central Garage MOT And Repair Centre Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	162	162

	162	162

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Timothy Reynolds-Duffy	(11,505 )	7,528	(5,306 )	-	(9,283 )

The above loan is unsecured, interest free and repayable on demand.

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