Registration number: 00902521

Winford Road Garages Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Winford Road Garages Limited

(Registration number: 00902521)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	871,733	898,597
Current assets
Stocks	5	954,617	934,990
Debtors	6	431,919	313,811
Cash at bank and in hand		959,369	967,805
		2,345,905	2,216,606
Creditors: Amounts falling due within one year	7	(550,968)	(591,317)
Net current assets		1,794,937	1,625,289
Total assets less current liabilities		2,666,670	2,523,886
Creditors: Amounts falling due after more than one year	7	-	(41,667)
Net assets		2,666,670	2,482,219
Capital and reserves
Called up share capital		22,000	22,000
Retained earnings		2,644,670	2,460,219
Shareholders' funds		2,666,670	2,482,219

Winford Road Garages Limited

(Registration number: 00902521)
Balance Sheet as at 30 June 2026

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 October 2026 and signed on its behalf by:
 

J P Taylor Director

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Littleton Mills
Winford
Bristol
BS40 8HJ

These financial statements were authorised for issue by the Board on 11 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The directors have considered the financial resources available to the company against a backdrop of the on-going cost of living crisis and rising cost pressures but remain confident that the company will be able to pay its liabilities as they fall due. Accordingly, the accounts have been prepared on a going concern basis.

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Key sources of estimation uncertainty

In the application of the company's accounting policies the director(s) are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and for the provision of services in the ordinary course of the company’s activities. Revenue is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue for the sale of goods when all the following conditions are satisfied:
a) the significant risks and rewards of ownership have been transferred to the buyer;
b) the company retains no continuing involvement or control over the goods;
c) the amount of revenue can be reliably measured;
d) it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Asset class	Depreciation method and rate
Freehold land and buildings	Not depreciated
Furniture, fittings and equipment	Over 5 to 10 years
Plant and machinery	Over 10 years
Motor vehicles	Over 4 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

A dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 39 (2025 - 39).

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Freehold land and buildings £	Furniture, fittings and equipment £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2025	624,553	181,192	683,866	193,794	1,683,405
Additions	-	1,158	25,817	82,173	109,148
Disposals	-	-	-	(85,790)	(85,790)
At 30 June 2026	624,553	182,350	709,683	190,177	1,706,763
Depreciation
At 1 July 2025	-	169,468	580,583	34,757	784,808
Charge for the year	-	4,467	28,582	40,616	73,665
Eliminated on disposal	-	-	-	(23,443)	(23,443)
At 30 June 2026	-	173,935	609,165	51,930	835,030
Carrying amount
At 30 June 2026	624,553	8,415	100,518	138,247	871,733
At 30 June 2025	624,553	11,724	103,283	159,037	898,597

Included within the net book value of land and buildings above is £624,553 (2025 - £624,553) in respect of freehold land and buildings.
 

5

Stocks

	2026 £	2025 £
Other inventories	954,617	934,990

Winford Road Garages Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

6

Debtors

	Note	2026 £	2025 £
Trade debtors		192,803	266,027
Amounts owed by related parties	9	200,000	-
Prepayments		31,947	40,071
Deferred tax assets		7,169	7,713
		431,919	313,811

7

Creditors

Due within one year	Note	2026 £	2025 £
Loans and borrowings	8	41,667	50,000
Trade creditors		259,177	286,294
Social security and other taxes		186,169	197,571
Other creditors		12,068	21,776
Accruals		51,887	35,676
		550,968	591,317
Due after one year
Loans and borrowings	8	-	41,667