Registration number: 06979166

Shentons Garage Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 10

Shentons Garage Limited

Company Information

Directors	Mr S M Shenton Mr T Shenton Mr N R Ellis Mrs C F Shenton

Company secretary

Mrs C F Shenton

Registered office

51 St John Street Ashbourne Derbyshire England DE6 1GP

Shentons Garage Limited

Directors' Report for the year ended 31 March 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr S M Shenton

Mrs M Shenton (Died 8 June 2026)

Mr T Shenton

Mr N R Ellis

Mrs C F Shenton - Company secretary and director

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 November 2026 and signed on its behalf by:
 

......................................... Mrs C F Shenton Company secretary and director

Shentons Garage Limited

(Registration number: 06979166)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	568,190	586,874
Current assets
Stocks		5,355	6,992
Debtors	5	22,295	39,412
Cash at bank and in hand		54,600	45,223
		82,250	91,627
Creditors: Amounts falling due within one year	6	(312,457)	(311,051)
Net current liabilities		(230,207)	(219,424)
Total assets less current liabilities		337,983	367,450
Creditors: Amounts falling due after more than one year	6	(134,675)	(165,230)
Provisions for liabilities		(134,696)	(131,915)
Net assets		68,612	70,305
Capital and reserves
Called up share capital		100	100
Retained earnings		68,512	70,205
Shareholders' funds		68,612	70,305

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.

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 and Directors' Report.

Approved and authorised by the Board on 3 November 2026 and signed on its behalf by:
 

......................................... Mrs C F Shenton Company secretary and director

Shentons Garage Limited

(Registration number: 06979166)
Balance Sheet as at 31 March 2026 (continued)

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.

Shentons Garage 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 England and Wales. registration number: 06979166.

The address of its registered office is:
51 St John Street
Ashbourne
Derbyshire
DE6 1GP
England

These financial statements were authorised for issue by the Board 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.

The presentation currency is £ sterling.

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.

Shentons Garage Limited

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

2	Accounting policies (continued)

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:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Plant and machinery	10% reducing balance basis
Plant and machinery	33% straight line basis
Land and buildings	10% straight line basis
Motor vehicles	25% reducing balance basis

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.

Borrowings

Shentons Garage Limited

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

2	Accounting policies (continued)

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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 13 (2025 - 14).

Shentons Garage Limited

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

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	25,542	31,801	811,403	868,746
Additions	-	9,000	155,950	164,950
Disposals	-	(7,100)	(165,208)	(172,308)
At 31 March 2026	25,542	33,701	802,145	861,388
Depreciation
At 1 April 2025	15,219	4,333	262,320	281,872
Charge for the year	1,032	7,445	68,836	77,313
Eliminated on disposal	-	(2,662)	(63,325)	(65,987)
At 31 March 2026	16,251	9,116	267,831	293,198
Carrying amount
At 31 March 2026	9,291	24,585	534,314	568,190
At 31 March 2025	10,323	27,468	549,083	586,874

Included within the net book value of land and buildings above is £9,291 (2025 - £10,323) in respect of freehold land and buildings.
 

5

Debtors

Current	2026 £	2025 £
Trade debtors	12,275	38,559
Prepayments	10,020	853
	22,295	39,412

Shentons Garage Limited

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

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	8	59,815	56,496
Trade creditors		50,109	42,337
Taxation and social security		65,418	51,970
Accruals and deferred income		8,889	8,166
Other creditors		128,226	152,082
		312,457	311,051