REGISTERED NUMBER: 00356371 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

MINSTER GARAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Ward

B Ward

SECRETARY:

B Ward

REGISTERED OFFICE:

King Street

Southwell

Nottinghamshire

NG25 0EH

REGISTERED NUMBER:

00356371 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co Ltd

Chartered Accountants & Business Advisers

52A Westgate

Southwell

Nottinghamshire

NG25 0JX

FIXED ASSETS

Tangible assets

4

13,750

15,318

CURRENT ASSETS

Debtors

5

3,468

763

Cash at bank

16,500

10,418

19,968

11,181

CREDITORS

Amounts falling due within one year

6

13,246

16,840

NET CURRENT ASSETS/(LIABILITIES)

6,722

(5,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,472

9,659

CREDITORS

Amounts falling due after more than one year

7

2,000

2,000

NET ASSETS

18,472

7,659

CAPITAL AND RESERVES

Called up share capital

4,000

4,000

Retained earnings

14,472

3,659

SHAREHOLDERS' FUNDS

18,472

7,659

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

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

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 1 October 2026 and were signed on its behalf by:

S Ward - Director

1.	STATUTORY INFORMATION

Minster 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance

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.

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

75,289

329

75,618

DEPRECIATION

At 1 June 2025

60,218

82

60,300

Charge for year

1,506

62

1,568

At 31 May 2026

61,724

144

61,868

NET BOOK VALUE

At 31 May 2026

13,565

185

13,750

At 31 May 2025

15,071

247

15,318

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

3,468

763

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

2,929

196

Other creditors

83

83

Directors' current accounts

7,934

14,261

Accrued expenses

2,300

2,300

13,246

16,840

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Preference shares

2,000

2,000