Registration number: 04371498

Manor Garage (Box) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Manor Garage (Box) Limited

Company Information

Director

Mr Paul Langley

Company secretary

Susan Tugwell

Registered office

3 The Office Village Roman Way Bath Business Park Peasedown St John Bath BA2 8SG

Manor Garage (Box) Limited

(Registration number: 04371498)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	88,066	90,147
Current assets
Stocks	6	195,020	176,307
Debtors	7	731	39,044
Cash at bank and in hand		30,656	45,214
		226,407	260,565
Creditors: Amounts falling due within one year	8	(172,005)	(206,147)
Net current assets		54,402	54,418
Total assets less current liabilities		142,468	144,565
Creditors: Amounts falling due after more than one year	8	(17,461)	(22,255)
Provisions for liabilities		(15,405)	(15,895)
Net assets		109,602	106,415
Capital and reserves
Called up share capital		1	1
Retained earnings		109,601	106,414
Shareholders' funds		109,602	106,415

Manor Garage (Box) Limited

(Registration number: 04371498)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 November 2026
 

......................................... Mr Paul Langley Director

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3 The Office Village
Roman Way
Bath Business Park
Peasedown St John
Bath
BA2 8SG

These financial statements were authorised for issue by the director on 3 November 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 turnover 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 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.

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.

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Motor vehicles	20% Reducing balance method
Plant & machinery	20% Reducing balance method
Property	2% Straight line method

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.

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.

Trade 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.

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

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.

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.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Deferred taxation
Arising from changes in tax rates and laws	(490)	(998)

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

5	Tangible assets

	Land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	94,128	53,247	6,596	153,971
Additions	-	694	1,700	2,394
At 31 March 2026	94,128	53,941	8,296	156,365
Depreciation
At 1 April 2025	13,181	45,857	4,786	63,824
Charge for the year	1,883	1,619	973	4,475
At 31 March 2026	15,064	47,476	5,759	68,299
Carrying amount
At 31 March 2026	79,064	6,465	2,537	88,066
At 31 March 2025	80,947	7,390	1,810	90,147

Included within the net book value of land and buildings above is £79,064 (2025 - £80,947) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Other inventories	195,020	176,307

7

Debtors

Current	2026 £	2025 £
Other debtors	731	39,044
	731	39,044

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	11	5,514	6,203
Trade creditors		49,727	42,169
Taxation and social security		3,192	3,192
Accruals and deferred income		2,093	1,985
Other creditors		111,479	152,598
		172,005	206,147

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	11	17,461	22,255

Barclays Bank PLC holds a fixed and floating charge over all assets and undertakings of the company.

9	Provisions for liabilities

	Deferred tax £	Total £
At 1 April 2025	15,895	15,895
At 31 March 2026	15,895	15,895
Out of balance to Provisions categories	490	490

10	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

11	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	17,461	22,255

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	5,514	6,203

12	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	13,264	13,264

Manor Garage (Box) Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

13	Financial instruments

Categorisation of financial instruments

2026 £

2025 £