REGISTERED NUMBER: 05417117 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2026

FOR

COURT STREET GARAGES (LLANDUDNO) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I R Bromley

Mr M Jensen

SECRETARY:

Mr I R Bromley

REGISTERED OFFICE:

Llandudno Garage

Builder Street West

Llandudno

North Wales

LL30 1HH

REGISTERED NUMBER:

05417117 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

446,257

462,835

Investment property

6

132,578

132,578

578,835

595,413

CURRENT ASSETS

Stocks

18,900

18,000

Debtors

7

424,923

313,322

Cash at bank and in hand

406,153

455,163

849,976

786,485

CREDITORS

Amounts falling due within one year

8

210,390

241,138

NET CURRENT ASSETS

639,586

545,347

TOTAL ASSETS LESS CURRENT LIABILITIES

1,218,421

1,140,760

CREDITORS

Amounts falling due after more than one year

9

-

(138,887

)

PROVISIONS FOR LIABILITIES

(20,742

)

(16,228

)

NET ASSETS

1,197,679

985,645

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,197,677

985,643

SHAREHOLDERS' FUNDS

1,197,679

985,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2026 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

Mr I R Bromley - Director

1.	STATUTORY INFORMATION

Court Street Garages (Llandudno) Ltd 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

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

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 year was 10 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2025

and 31 August 2026

50,000

AMORTISATION

At 1 September 2025

and 31 August 2026

50,000

NET BOOK VALUE

At 31 August 2026

-

At 31 August 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2025

and 31 August 2026

363,289

243,049

606,338

DEPRECIATION

At 1 September 2025

-

143,503

143,503

Charge for year

-

16,578

16,578

At 31 August 2026

-

160,081

160,081

NET BOOK VALUE

At 31 August 2026

363,289

82,968

446,257

At 31 August 2025

363,289

99,546

462,835

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2025

and 31 August 2026

132,578

NET BOOK VALUE

At 31 August 2026

132,578

At 31 August 2025

132,578

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

283,416

285,425

Other debtors

141,507

27,897

424,923

313,322

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

18,063

Trade creditors

76,631

67,814

Taxation and social security

120,847

116,978

Other creditors

12,912

38,283

210,390

241,138

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

138,887

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

48,572

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

-

156,950