REGISTERED NUMBER: 01389829 (England and Wales)

CENTRAL GARAGE (RAUNDS)

LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

S J Abraham

J Abraham

C Abraham

SECRETARY:

Mrs S M Abraham

REGISTERED OFFICE:

23 Enterprise Road

Raunds

Northamptonshire

NN9 6JE

REGISTERED NUMBER:

01389829 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

54,068

54,786

CURRENT ASSETS

Stocks

5

7,378

8,331

Debtors

6

20,088

12,642

Cash at bank

46,598

46,030

74,064

67,003

CREDITORS

Amounts falling due within one year

7

58,613

53,385

NET CURRENT ASSETS

15,451

13,618

TOTAL ASSETS LESS CURRENT LIABILITIES

69,519

68,404

CAPITAL AND RESERVES

Called up share capital

8

200

200

Revaluation reserve

9

50,000

50,000

Retained earnings

19,319

18,204

SHAREHOLDERS' FUNDS

69,519

68,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by:

S J Abraham - Director

1.	STATUTORY INFORMATION

Central Garage (Raunds) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

15% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST OR VALUATION

At 1 May 2024

and 30 April 2025

50,000

29,176

79,176

DEPRECIATION

At 1 May 2024

-

24,390

24,390

Charge for year

-

718

718

At 30 April 2025

-

25,108

25,108

NET BOOK VALUE

At 30 April 2025

50,000

4,068

54,068

At 30 April 2024

50,000

4,786

54,786

Cost or valuation at 30 April 2025 is represented by:

Freehold

Plant and

property

machinery

Totals

£

£

£

Valuation in 2019

50,000

29,176

79,176

Freehold land and buildings were valued on an open market basis on 30 April 2019 by an independent valuer .

5.

STOCKS

2025

2024

£

£

Stocks

7,378

8,331

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,088

12,019

Prepayments

-

623

20,088

12,642

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,274

19,087

Corporation tax

9,293

445

Social security and other taxes

387

401

VAT

7,463

8,128

Credit Card

4,892

4,703

Directors' current accounts

20,202

19,016

Accruals and deferred income

1,102

1,605

58,613

53,385

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

A Ordinary

£1

100

100

50

B Ordinary

£1

50

50

50

C Ordinary

£1

50

50

200

200

9.

RESERVES

Revaluation

reserve

£

At 1 May 2024

and 30 April 2025

50,000