REGISTERED NUMBER: 08309693 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

WINCHCOMBE GARAGE LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J Layton

A Pawlowski

REGISTERED OFFICE:

Broadway Road

Winchcombe

Cheltenham

Gloucestershire

GL54 5NT

REGISTERED NUMBER:

08309693 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

896,184

823,526

Cost of sales

458,231

404,660

GROSS PROFIT

437,953

418,866

Administrative expenses

254,777

247,875

OPERATING PROFIT

4

183,176

170,991

Interest receivable and similar income

2,410

1,776

185,586

172,767

Interest payable and similar expenses

9,158

11,164

PROFIT BEFORE TAXATION

176,428

161,603

Tax on profit

45,855

42,379

PROFIT FOR THE FINANCIAL YEAR

130,573

119,224

Retained earnings at beginning of year

232,118

224,394

Dividends

(100,000

)

(111,500

)

RETAINED EARNINGS AT END OF YEAR

262,691

232,118

FIXED ASSETS

Intangible assets

5

146,341

154,043

Tangible assets

6

107,159

114,524

253,500

268,567

CURRENT ASSETS

Stocks

7

4,800

5,000

Debtors

8

42,373

43,148

Cash at bank and in hand

167,441

132,026

214,614

180,174

CREDITORS

Amounts falling due within one year

9

145,186

130,392

NET CURRENT ASSETS

69,428

49,782

TOTAL ASSETS LESS CURRENT LIABILITIES

322,928

318,349

CREDITORS

Amounts falling due after more than one year

10

60,137

86,131

NET ASSETS

262,791

232,218

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

262,691

232,118

SHAREHOLDERS' FUNDS

262,791

232,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

J Layton - Director

A Pawlowski - Director

1.	STATUTORY INFORMATION

Winchcombe 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Long leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Equipment

-

33% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, 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.

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.

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 9 (2025 - 9 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2026

2025

£

£

Depreciation - owned assets

15,059

15,016

Goodwill amortisation

7,702

8,995

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

219,889

AMORTISATION

At 1 April 2025

65,846

Amortisation for year

7,702

At 31 March 2026

73,548

NET BOOK VALUE

At 31 March 2026

146,341

At 31 March 2025

154,043

6.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

Equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

47,249

71,009

4,887

104,950

228,095

Additions

-

17,960

-

4,750

22,710

At 31 March 2026

47,249

88,969

4,887

109,700

250,805

DEPRECIATION

At 1 April 2025

47,249

32,193

3,700

30,429

113,571

Charge for year

-

10,855

392

18,828

30,075

At 31 March 2026

47,249

43,048

4,092

49,257

143,646

NET BOOK VALUE

At 31 March 2026

-

45,921

795

60,443

107,159

At 31 March 2025

-

38,816

1,187

74,521

114,524

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

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

81,000

DEPRECIATION

At 1 April 2025

20,938

Charge for year

15,016

At 31 March 2026

35,954

NET BOOK VALUE

At 31 March 2026

45,046

At 31 March 2025

60,062

7.

STOCKS

2026

2025

£

£

Stocks

4,800

5,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,538

5,229

Streamline debtor

6,906

3,090

Unit deposit

4,500

4,500

Winchcombe Tyres Limited

22,429

30,329

42,373

43,148

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,448

9,448

Hire purchase contracts

23,680

13,203

Trade creditors

32,339

42,268

Corporation tax

45,855

42,379

Social security and other taxes

5,578

3,252

VAT

24,831

17,655

Pension creditor

148

-

Directors' current accounts

1,607

587

Accrued expenses

1,700

1,600

145,186

130,392

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

9,448

9,448

Bank loans - 2-5 years

17,710

23,862

Hire purchase contracts

32,979

52,821

60,137

86,131