THORNFIELD GARAGES LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03792871

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		121,257		121,257

			121,257		121,257
CURRENT ASSETS
Debtors	5	2,795		2,210
Cash at bank and in hand		24,545		18,889

		27,340		21,099
Creditors: Amounts Falling Due Within One Year	6	(48,086 )		(47,010 )

NET CURRENT ASSETS (LIABILITIES)			(20,746 )		(25,911 )

TOTAL ASSETS LESS CURRENT LIABILITIES			100,511		95,346

NET ASSETS			100,511		95,346

CAPITAL AND RESERVES
Called up share capital	7		2		2
Revaluation reserve			41,999		41,999
Profit and Loss Account			58,510		53,345

SHAREHOLDERS' FUNDS			100,511		95,346

Page 1

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THORNFIELD GARAGES LIMITED

Balance Sheet (continued)

As At 25 March 2026

For the year ending 25 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Gloria King

Director

12 October 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

THORNFIELD GARAGES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03792871 . The registered office is 29 Thornfield Road, Bishops Stortford, CM23 2RB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 26 March 2025	121,257

As at 25 March 2026	121,257

Net Book Value
As at 25 March 2026	121,257

As at 26 March 2025	121,257

The director is of the opinion that the value of properties in the accounts is no less than the current market values of the properties.

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,795	2,210

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THORNFIELD GARAGES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 25 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other loans	37,257	37,257
Other creditors	7,657	6,080
Taxation and social security	3,172	3,673

	48,086	47,010

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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