Roundabout Garages Limited - Filleted accounts

Registered number

09799284

Roundabout Garages Limited

Filleted Accounts

31 March 2026

Roundabout Garages Limited
Registered number:		09799284
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		41,616			15,020

Current assets
Stocks		55,983			40,547
Debtors	4	26,484			80,791
Cash at bank and in hand		884,242			726,649
		966,709			847,987

Creditors: amounts falling due within one year	5	(259,226)			(283,491)

Net current assets			707,483			564,496

Total assets less current liabilities			749,099			579,516

Provisions for liabilities			(10,404)			(3,755)

Net assets			738,695			575,761

Capital and reserves
Called up share capital			100			100
Profit and loss account			738,595			575,661

Shareholders' funds			738,695			575,761

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Ismail Ibrahim Patel
Director
Approved by the board on 10 August 2026

Roundabout Garages Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	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
	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 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 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, machinery and equipment	20% reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.



2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		9		13

3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				64,448
	Additions				37,000
	At 31 March 2026				101,448

	Depreciation
	At 1 April 2025				49,428
	Charge for the year				10,404
	At 31 March 2026				59,832

	Net book value
	At 31 March 2026				41,616
	At 31 March 2025				15,020


4	Debtors		2026		2025
£				£

	Trade debtors		3,090		312
	Other debtors		23,394		80,479
			26,484		80,791


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		127,972		154,185
	Taxation and social security costs		71,833		69,448
	Other creditors		59,421		59,858
			259,226		283,491


6	Other information

	Roundabout Garages Limited is a private company limited by shares and incorporated in England. Its registered office is:
	99 Gravel Lane
	Banks
	Southport
	Merseyside
	PR9 8BW