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REGISTERED NUMBER: 04791059 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

J & P VEHICLE DELIVERIES LIMITED

J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


J & P VEHICLE DELIVERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTOR: P Molyneux



REGISTERED OFFICE: Unit 1
Greenacre Park
The Valley
Bolton
BL1 8HN



REGISTERED NUMBER: 04791059 (England and Wales)



ACCOUNTANTS: Ryans
Chartered Accountants
67 Chorley Old Road
Bolton
BL1 3AJ



BANKERS: The Royal Bank of Scotland plc
Bolton Customer Service Centre
PO Box 2027 Parklands
De Havilland Way
Horwich
BL6 4YU

J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

ABRIDGED BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 12,500
Tangible assets 5 1,051,315 986,780
1,051,315 999,280

CURRENT ASSETS
Debtors 1,062,583 1,142,900
Cash at bank 49,703 48,805
1,112,286 1,191,705
CREDITORS
Amounts falling due within one year 553,163 462,795
NET CURRENT ASSETS 559,123 728,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,610,438

1,728,190

CREDITORS
Amounts falling due after more than one
year

(685,411

)

(804,208

)

PROVISIONS FOR LIABILITIES (262,829 ) (185,843 )
NET ASSETS 662,198 738,139

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 661,198 737,139
SHAREHOLDERS' FUNDS 662,198 738,139

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

ABRIDGED BALANCE SHEET - continued
30TH SEPTEMBER 2023


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 30th September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th January 2024 and were signed by:





P Molyneux - Director


J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

J & P Vehicle Deliveries 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
Revenue, described as turnover, represents the value of services, excluding value added tax, provided to customers during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold improvements - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Office equipment - 33% on cost

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and hire purchase liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st October 2022
and 30th September 2023 250,000
AMORTISATION
At 1st October 2022 237,500
Amortisation for year 12,500
At 30th September 2023 250,000
NET BOOK VALUE

At 30th September 2023 -
At 30th September 2022 12,500

J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st October 2022 1,707,292
Additions 304,240
Disposals (32,635 )
At 30th September 2023 1,978,897
DEPRECIATION
At 1st October 2022 720,512
Charge for year 232,716
Eliminated on disposal (25,646 )
At 30th September 2023 927,582
NET BOOK VALUE
At 30th September 2023 1,051,315
At 30th September 2022 986,780

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1st October 2022 1,507,306
Additions 301,595
At 30th September 2023 1,808,901
DEPRECIATION
At 1st October 2022 548,650
Charge for year 225,070
At 30th September 2023 773,720
NET BOOK VALUE
At 30th September 2023 1,035,181
At 30th September 2022 958,656

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 846,278 904,893

J & P VEHICLE DELIVERIES LIMITED (REGISTERED NUMBER: 04791059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by its director, P Molyneux, who owns all of the issued share capital of the parent company, J & P Deliveries Holdings Ltd, incorporated in England,.