High Cross Garage (Balsall) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00537875 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HIGH CROSS GARAGE (BALSALL) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Shaw

SECRETARY:

Mrs L Shaw

REGISTERED OFFICE:

Juniper House

Orchard Rise

Station Road

Henley in Arden

Warwickshire

B95 5FL

REGISTERED NUMBER:

00537875 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,000,000

CURRENT ASSETS

Debtors

5,657

61,220

Cash at bank

366,787

303,973

372,444

365,193

CREDITORS

Amounts falling due within one year

100,545

101,320

NET CURRENT ASSETS

271,899

263,873

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,271,899

3,263,873

PROVISIONS FOR LIABILITIES

159,175

NET ASSETS

3,112,724

3,104,698

CAPITAL AND RESERVES

Called up share capital

12,501

Capital redemption reserve

12,499

Other reserves

1,935,594

Retained earnings

1,152,130

1,144,104

SHAREHOLDERS' FUNDS

3,112,724

3,104,698

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

D A Shaw - Director

1.	STATUTORY INFORMATION

High Cross Garage (Balsall) 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 as modified by the revaluation of certain assets.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Tangible fixed assets

Depreciation of fixed assets is charges by annual instalments commencing with the date of acquisition at rates estimated to write off their cost less any residual value over the expected useful lives. The rates being used are as follows:

Investment properties

-

Not depreciated

Plant and equipment

-

10% straight line

Short leasehold

-

Over 5 years

Investment properties are included at valuation or, where in the opinion of the directors the open market value and original cost of the properties are not significantly different, at cost. No depreciation is provided on these properties as the estimated residual value of the properties approximates to the carrying value and any depreciation would be immaterial.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

3,016,707

DEPRECIATION

At 1 January 2025

and 31 December 2025

16,707

NET BOOK VALUE

At 31 December 2025

3,000,000

At 31 December 2024

3,000,000

Cost or valuation at 31 December 2025 is represented by:

Totals

£

Valuation in 2001

1,056,567

Valuation in 2007

235,000

Valuation in 2017

765,000

Cost

960,140

3,016,707

If leasehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

943,433

Investment properties were valued on an open market value basis on 31 December 2024 by the director .

5.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.