Registration number: 05258033

Ribble View Garage Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Ribble View Garage Limited

Company Information

Directors

Mrs JL Barton Mr JG Barton

Company secretary

Mrs JL Barton

Registered office

316 Blackpool Road Fulwood Preston Lancs PR2 3AE

Accountants

McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Ribble View Garage Limited

(Registration number: 05258033)
Statement of Financial Position as at 30 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	47	59
Current assets
Stocks	5	32,887	30,830
Debtors	6	89,641	89,468
Cash at bank and in hand		150	-
		122,678	120,298
Creditors: Amounts falling due within one year	7	(48,686)	(39,635)
Net current assets		73,992	80,663
Total assets less current liabilities		74,039	80,722
Provisions for liabilities		(9)	(11)
Net assets		74,030	80,711
Capital and reserves
Called up share capital		2	2
Retained earnings		74,028	80,709
Shareholders' funds		74,030	80,711

Ribble View Garage Limited

(Registration number: 05258033)
Statement of Financial Position as at 30 October 2025 (continued)

For the financial period ending 30 October 2025 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 period 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 Income Statement.

Approved and authorised by the Board on 16 October 2026 and signed on its behalf by:
 

......................................... Mr JG Barton Director

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025

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:
316 Blackpool Road
Fulwood
Preston
Lancs
PR2 3AE

These financial statements were authorised for issue by the Board on 16 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.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025 (continued)

2	Accounting policies (continued)

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 statement of financial position 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:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Office equipment	33% straight line

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.

Trade 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.

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025 (continued)

2	Accounting policies (continued)

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 inventories 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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 income statement 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.

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.

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025 (continued)

2	Accounting policies (continued)

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 period, was 3 (2024 - 3).

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025 (continued)

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2024	4,141	220	4,361
At 30 October 2025	4,141	220	4,361
Depreciation
At 1 November 2024	4,082	220	4,302
Charge for the period	12	-	12
At 30 October 2025	4,094	220	4,314
Carrying amount
At 30 October 2025	47	-	47
At 31 October 2024	59	-	59

5

Stocks

	2025 £	2024 £
Work in progress	4,030	7,085
Other inventories	28,857	23,745
	32,887	30,830

6

Debtors

Current	2025 £	2024 £
Trade debtors	79,350	89,468
Other debtors	10,291	-
	89,641	89,468

Ribble View Garage Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2024 to 30 October 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	-	3,951
Trade creditors		20,130	19,321
Taxation and social security		3,444	11,421
Accruals and deferred income		3,405	2,545
Other creditors		21,707	2,397
		48,686	39,635

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	-	3,951