REGISTERED NUMBER: 05140876 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CAMP ROAD GARAGE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T E W Smith

Mr J D Latham

SECRETARY:

Mrs L J Smith

REGISTERED OFFICE:

Camp Road Garage

Moor Lane

Flookburgh

Grange-over-Sands

Cumbria

LA11 7LS

REGISTERED NUMBER:

05140876 (England and Wales)

BANKERS:

National Westminster Bank plc

10 Elephants Yard

Kendal

Cumbria

LA9 4LZ

FIXED ASSETS

Intangible assets

4

12,000

18,000

Tangible assets

5

175,866

167,135

187,866

185,135

CURRENT ASSETS

Stocks

10,500

33,374

Debtors

67,759

90,731

Cash at bank and in hand

163,984

145,626

242,243

269,731

CREDITORS

Amounts falling due within one year

163,511

198,291

NET CURRENT ASSETS

78,732

71,440

TOTAL ASSETS LESS CURRENT LIABILITIES

266,598

256,575

CREDITORS

Amounts falling due after more than one year

4,400

17,917

NET ASSETS

262,198

238,658

CAPITAL AND RESERVES

Called up share capital

8

100

3

Retained earnings

262,098

238,655

SHAREHOLDERS' FUNDS

262,198

238,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mr T E W Smith - Director

Mr J D Latham - Director

1.	STATUTORY INFORMATION

Camp Road Garage 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Goodwill

The goodwill was purchased in 2004 and was not historically amortised. At the financial year end 31 March 2023, the goodwill was assessed to have a remaining useful life of 5 years and was amortised evenly over this remaining period.

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.

Leasehold property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Government grants

Grants received are released to the profit and loss account within the financial period to which they relate.

Stocks

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

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.

Rental income

Rents received are calculated on the accruals basis and represent net rental income excluding VAT.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

12,000

Amortisation for year

6,000

At 31 March 2025

18,000

NET BOOK VALUE

At 31 March 2025

12,000

At 31 March 2024

18,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

333,265

Additions

27,540

Disposals

(3,237

)

At 31 March 2025

357,568

DEPRECIATION

At 1 April 2024

166,130

Charge for year

18,800

Eliminated on disposal

(3,228

)

At 31 March 2025

181,702

NET BOOK VALUE

At 31 March 2025

175,866

At 31 March 2024

167,135

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

1,627

-

Between one and five years

4,776

-

6,403

-

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

17,887

39,782

The bank loans are secured on the company assets.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

94

Ordinary

£1

94

2

1

A Ordinary

£1

1

1

5

B Ordinary

£1

5

-

100

3

The following shares were issued during the year for cash at par :

92 Ordinary shares of £1

5 B Ordinary shares of £1

9.	RELATED PARTY DISCLOSURES

At 31st March 2025 Mr T Smith, a director of the company, had on an interest-free basis advanced £39,880 (2024: £51,188) to the company. This amount is unsecured and repayable on demand.

As 31st March 2025 Mr J Latham, a director of the company, had on an interest-free basis advanced £31 (2024: £NIL) to the company. This amount is unsecured and repayable on demand.

During the year, the company sold a vehicle to Mr J Latham of £14,600 (excluding VAT) and also provided bicycle rental hire services totalling £900 (excluding VAT).

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr T E W Smith.