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REGISTERED NUMBER: 07906226 (England and Wales)





















JTS MOBILE TYRES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


JTS MOBILE TYRES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: A Jeffery





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 07906226 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,879 39,835

CURRENT ASSETS
Debtors 5 98,082 80,245
Cash at bank 146,321 118,078
244,403 198,323
CREDITORS
Amounts falling due within one year 6 125,426 103,485
NET CURRENT ASSETS 118,977 94,838
TOTAL ASSETS LESS CURRENT LIABILITIES 160,856 134,673

CREDITORS
Amounts falling due after more than one
year

7

-

(6,247

)

PROVISIONS FOR LIABILITIES (7,387 ) (7,967 )
NET ASSETS 153,469 120,459

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 153,468 120,458
SHAREHOLDERS' FUNDS 153,469 120,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 director on 7 August 2018 and were signed by:





A Jeffery - Director


JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

JTS Mobile Tyres 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 the provisions of Section 1A "Small Entities" 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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.

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2017 2,850 50,079 52,929
Additions 4,000 12,990 16,990
Disposals - (8,325 ) (8,325 )
At 31 March 2018 6,850 54,744 61,594
DEPRECIATION
At 1 April 2017 1,329 11,765 13,094
Charge for year 1,380 10,054 11,434
Eliminated on disposal - (4,813 ) (4,813 )
At 31 March 2018 2,709 17,006 19,715
NET BOOK VALUE
At 31 March 2018 4,141 37,738 41,879
At 31 March 2017 1,521 38,314 39,835

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 95,983 78,837
Other debtors 2,099 1,408
98,082 80,245

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 34,468 26,851
Taxation and social security 17,489 12,057
Other creditors 73,469 64,577
125,426 103,485

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Other creditors - 6,247

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
1 Ordinary £1 1 1

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Jeffery.