Beenham Garage Limited


Director	Simon Holloway


Registered Address	Beenham Garage Back Lane
	Beenham
	Reading
	RG7 5NF


Registered Number	13921735 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		44,000		92,000
Tangible assets	4		60,574		44,652
			104,574		136,652
Current assets
Stocks	5	285,577		271,422
Debtors		3,071		5,619
Cash at bank and on hand		126,687		20,085
		415,335		297,126
Creditors amounts falling due within one year	6	(211,053)		(289,135)
Net current assets (liabilities)			204,282		7,991
Total assets less current liabilities			308,856		144,643
Creditors amounts falling due after one year	7		(51,024)		(10,000)
Provisions for liabilities	8		(15,144)		(11,163)
Net assets			242,688		123,480
Capital and reserves
Called up share capital			100		100
Profit and loss account			242,588		123,380
Shareholders' funds			242,688		123,480

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 September 2026, and are signed on its behalf by:

Simon Holloway
Director
Registered Company No. 13921735

Beenham Garage Limited

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised as the contractual activity progresses.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to the profit and loss account in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less amortisation. Amortisation is provided on all intangible assets on a straight-line basis over a five-year period.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4
	Vehicles	4
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 25	240,000	240,000
At 31 March 26	240,000	240,000
Amortisation and impairment
At 01 April 25	148,000	148,000
Charge for year	48,000	48,000
At 31 March 26	196,000	196,000
Net book value
At 31 March 26	44,000	44,000
At 31 March 25	92,000	92,000

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 25	6,101	64,885	7,902	78,888
Additions	-	48,304	1,314	49,618
Disposals	-	(34,627)	-	(34,627)
At 31 March 26	6,101	78,562	9,216	93,879
Depreciation and impairment
At 01 April 25	3,431	25,244	5,561	34,236
Charge for year	1,486	16,230	1,552	19,268
On disposals	-	(20,199)	-	(20,199)
At 31 March 26	4,917	21,275	7,113	33,305
Net book value
At 31 March 26	1,184	57,287	2,103	60,574
At 31 March 25	2,670	39,641	2,341	44,652

5.	Stocks

	2026	2025
	£	£
Finished goods	285,577	271,422
Total	285,577	271,422

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	41,581	21,152
Bank borrowings and overdrafts	7,637	30,000
Taxation and social security	80,960	67,682
Other creditors	80,751	166,736
Accrued liabilities and deferred income	124	3,565
Total	211,053	289,135

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	51,024	10,000
Total	51,024	10,000

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	15,144	11,163
Total	15,144	11,163