Tollgate Mot Service Centre Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07964979

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,775		3,139

			2,775		3,139
CURRENT ASSETS
Stocks	6	2,500		250
Debtors	7	5,000		7,150
Cash at bank and in hand		102,629		93,568

		110,129		100,968
Creditors: Amounts Falling Due Within One Year	8	(74,800 )		(73,811 )

NET CURRENT ASSETS (LIABILITIES)			35,329		27,157

TOTAL ASSETS LESS CURRENT LIABILITIES			38,104		30,296

PROVISIONS FOR LIABILITIES
Deferred Taxation			(625 )		(700 )

NET ASSETS			37,479		29,596

CAPITAL AND RESERVES
Called up share capital	9		200		200
Share premium account			24,902		24,902
Profit and Loss Account			12,377		4,494

SHAREHOLDERS' FUNDS			37,479		29,596

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Tollgate Mot Service Centre Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

Mr P J Wood

Director

20 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tollgate Mot Service Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07964979 . The registered office is Unit 6 & 7 Tollgate Court, Tollgate Drive Tollgate Industrial Estate, Stafford, ST16 3HS.

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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Tollgate Mot Service Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 March 2025	45,775

As at 28 February 2026	45,775

Amortisation
As at 1 March 2025	45,775

As at 28 February 2026	45,775

Net Book Value
As at 28 February 2026	-

As at 1 March 2025	-

Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 March 2025	11,730	11,700	23,430
Additions	562	-	562

As at 28 February 2026	12,292	11,700	23,992

Depreciation
As at 1 March 2025	9,781	10,510	20,291
Provided during the period	628	298	926

As at 28 February 2026	10,409	10,808	21,217

...CONTINUED

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Tollgate Mot Service Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

Net Book Value
As at 28 February 2026	1,883	892	2,775

As at 1 March 2025	1,949	1,190	3,139

6. Stocks

	2026	2025
	£	£
Stock	2,500	250

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	2,150
Other debtors	5,000	5,000

	5,000	7,150

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	12,322	11,385
Other creditors	38,107	46,203
Taxation and social security	24,371	16,223

	74,800	73,811

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

10. Related Party Transactions

There are no related party transactions.

11. Ultimate Controlling Party

The company is controlled by its directors who are the shareholders.

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