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REGISTERED NUMBER: SC272988 (Scotland)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

J.J.C. CARS LIMITED

J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

J.J.C. CARS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTOR: W J MacDonald





SECRETARY: Mrs W K MacDonald





REGISTERED OFFICE: Whiteshawgate Farm
Whiteshawgate
Strathaven
Lanarkshire
ML10 6SY





REGISTERED NUMBER: SC272988 (Scotland)





ACCOUNTANTS: G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ

J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)

BALANCE SHEET
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 303,748 301,285

CURRENT ASSETS
Debtors 5 43,961 45,627
Cash at bank and in hand 54,315 50,356
98,276 95,983
CREDITORS
Amounts falling due within one year 6 153,506 114,210
NET CURRENT LIABILITIES (55,230 ) (18,227 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,518

283,058

CREDITORS
Amounts falling due after more than one
year

7

221,200

277,408
NET ASSETS 27,318 5,650

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,218 5,550
SHAREHOLDERS' FUNDS 27,318 5,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)

BALANCE SHEET - continued
30 September 2023


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 director and authorised for issue on 10 March 2024 and were signed by:





W J MacDonald - Director


J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

J.J.C. Cars Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 10% on reducing balance
Computer equipment - 10% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 1,395 2,129 420,845 1,759 426,128
Additions - - 44,016 217 44,233
Disposals - - (13,288 ) - (13,288 )
At 30 September 2023 1,395 2,129 451,573 1,976 457,073
DEPRECIATION
At 1 October 2022 581 2,045 120,882 1,335 124,843
Charge for year 163 17 33,614 129 33,923
Eliminated on disposal - - (5,441 ) - (5,441 )
At 30 September 2023 744 2,062 149,055 1,464 153,325
NET BOOK VALUE
At 30 September 2023 651 67 302,518 512 303,748
At 30 September 2022 814 84 299,963 424 301,285

5. DEBTORS
30.9.23 30.9.22
£    £   
Amounts falling due within one year:
Trade debtors 32,235 19,908
Other debtors 5,503 19,496
37,738 39,404

Amounts falling due after more than one year:
Other debtors 6,223 6,223

Aggregate amounts 43,961 45,627

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 15,555 9,508
Taxation and social security 52,482 35,895
Other creditors 85,469 68,807
153,506 114,210

J.J.C. CARS LIMITED (REGISTERED NUMBER: SC272988)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 38,333 43,333
Hire purchase contracts 173,867 213,075
Other creditors 9,000 21,000
221,200 277,408

J.J.C. CARS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
J.J.C. CARS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ


Date: .............................................