REGISTERED NUMBER: 05417117 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

COURT STREET GARAGES (LLANDUDNO) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I R Bromley

Mr M Jensen

SECRETARY:

Mr I R Bromley

REGISTERED OFFICE:

Llandudno Garage

Builder Street West

Llandudno

North Wales

LL30 1HH

REGISTERED NUMBER:

05417117 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

462,835

481,160

Investment property

6

132,578

132,578

595,413

613,738

CURRENT ASSETS

Stocks

18,000

18,000

Debtors

7

313,322

296,570

Cash at bank and in hand

455,163

380,808

786,485

695,378

CREDITORS

Amounts falling due within one year

8

241,138

223,944

NET CURRENT ASSETS

545,347

471,434

TOTAL ASSETS LESS CURRENT LIABILITIES

1,140,760

1,085,172

CREDITORS

Amounts falling due after more than one year

9

(138,887

)

(158,705

)

PROVISIONS FOR LIABILITIES

(16,228

)

(15,395

)

NET ASSETS

985,645

911,072

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

985,643

911,070

SHAREHOLDERS' FUNDS

985,645

911,072

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

Mr I R Bromley - Director

1.	STATUTORY INFORMATION

Court Street Garages (Llandudno) Ltd 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.

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

50,000

AMORTISATION

At 1 September 2024

and 31 August 2025

50,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

363,289

277,393

640,682

Additions

-

2,501

2,501

Disposals

-

(36,845

)

(36,845

)

At 31 August 2025

363,289

243,049

606,338

DEPRECIATION

At 1 September 2024

-

159,522

159,522

Charge for year

-

20,826

20,826

Eliminated on disposal

-

(36,845

)

(36,845

)

At 31 August 2025

-

143,503

143,503

NET BOOK VALUE

At 31 August 2025

363,289

99,546

462,835

At 31 August 2024

363,289

117,871

481,160

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

132,578

NET BOOK VALUE

At 31 August 2025

132,578

At 31 August 2024

132,578

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

285,425

274,620

Other debtors

27,897

21,950

313,322

296,570

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,063

16,307

Trade creditors

67,814

71,363

Taxation and social security

116,978

95,966

Other creditors

38,283

40,308

241,138

223,944

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

138,887

158,705

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

48,572

77,170

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

156,950

175,012