| Registered Number:05379402 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Oaksey Garage Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Oaksey Garage Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
3,639
4,620
2
3,639
4,620
2,500
2,750
3
| Trade and other receivables |
19,833
16,533
4
10,082
| Cash and cash equivalents |
13,727
33,010
32,415
| Trade and other payables: amounts falling due within one year |
(26,715)
(30,482)
5
5,700
2,528
Net current assets
| Total assets less current liabilities |
6,167
10,320
| Trade and other payables: amounts falling due after more than one |
| year |
(8,043)
(1,157)
6
(691)
(878)
| Provisions for liabilities |
4,319
Net assets
1,399
100
100
4,219
1,299
4,319
1,399
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2025
Oaksey Garage Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 23 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Oaksey Garage Limited
Notes to the Financial Statements
Statutory Information
| Oaksey Garage Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 05379402. |
| Principal place of business: |
Unit 6
Pat Yat
Kemble
Gloucestershire
GL7 6AY
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act |
| 2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation |
| of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Inventories
Inventories are value at the lower of cost and estimated selling price less costs to sell.
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 March 2025
Oaksey Garage Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
12,111
4,240
6,000
1,871
1,871
6,000
4,240
12,111
| Provision for depreciation and impairment |
7,491
2,604
3,117
1,770
Charge for year
981
245
721
15
8,472
2,849
3,838
1,785
86
2,162
1,391
3,639
101
2,883
1,636
4,620
2024
2025
2,750
2,500
| 4. Trade and other receivables |
2024
2025
16,001
19,833
532
-
19,833
16,533
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
9,208
9,208
13,229
10,522
| Taxation and social security |
6,443
5,383
1,602
1,602
30,482
26,715
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For the year ended 31 March 2025
Oaksey Garage Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
1,157
8,043
| 7. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
2024
2025
| Operating leases which expire: |
13,200
14,400
14,400
13,200
| 8. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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