REGISTERED NUMBER: 06403427 (England and Wales)

GARAGEPRIDE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2025 TO 30 DECEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Chambers

K Chambers

M R Chambers

REGISTERED OFFICE:

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

REGISTERED NUMBER:

06403427 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Avroe House

Avroe Crescent

Blackpool Business Park

Blackpool

Lancashire

FY4 2DP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

3,307

-

3,307

CURRENT ASSETS

Stocks

43,138

56,230

Debtors

100,377

89,071

Cash at bank

13,090

19,981

156,605

165,282

CREDITORS

Amounts falling due within one year

111,660

103,714

NET CURRENT ASSETS

44,945

61,568

TOTAL ASSETS LESS CURRENT LIABILITIES

44,945

64,875

CREDITORS

Amounts falling due after more than one year

(50,000

)

-

PROVISIONS FOR LIABILITIES

-

(827

)

NET (LIABILITIES)/ASSETS

(5,055

)

64,048

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(5,056

)

64,047

SHAREHOLDERS' FUNDS

(5,055

)

64,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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 period ended 30 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2026 and were signed on its behalf by:

J Chambers - Director

1.	STATUTORY INFORMATION

GaragePride 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

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

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

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.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Plant and machinery etc

-

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 period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 2 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 30 December 2025

28,822

AMORTISATION

At 1 January 2025

and 30 December 2025

28,822

NET BOOK VALUE

At 30 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

15,439

Disposals

(15,439

)

At 30 December 2025

-

DEPRECIATION

At 1 January 2025

12,132

Charge for period

69

Eliminated on disposal

(12,201

)

At 30 December 2025

-

NET BOOK VALUE

At 30 December 2025

-

At 31 December 2024

3,307

6.	ULTIMATE CONTROLLING PARTY

The company is wholly owned subsidiary of Cherrimans Holdings Ltd whose registered office:

Shorrock House

1 Faraday Court

Fulwood

Preston

PR2 9NB