IRIS Accounts Production v24.1.0.578 07906226 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079062262023-03-31079062262024-03-31079062262023-04-012024-03-31079062262022-03-31079062262022-04-012023-03-31079062262023-03-3107906226ns15:EnglandWales2023-04-012024-03-3107906226ns14:PoundSterling2023-04-012024-03-3107906226ns10:Director12023-04-012024-03-3107906226ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107906226ns10:SmallEntities2023-04-012024-03-3107906226ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107906226ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107906226ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107906226ns10:FullAccounts2023-04-012024-03-3107906226ns10:RegisteredOffice2023-04-012024-03-3107906226ns5:CurrentFinancialInstruments2024-03-3107906226ns5:CurrentFinancialInstruments2023-03-3107906226ns5:ShareCapital2024-03-3107906226ns5:ShareCapital2023-03-3107906226ns5:RetainedEarningsAccumulatedLosses2024-03-3107906226ns5:RetainedEarningsAccumulatedLosses2023-03-3107906226ns5:PlantMachinery2023-04-012024-03-3107906226ns5:MotorVehicles2023-04-012024-03-3107906226ns5:PlantMachinery2023-03-3107906226ns5:MotorVehicles2023-03-3107906226ns5:PlantMachinery2024-03-3107906226ns5:MotorVehicles2024-03-3107906226ns5:PlantMachinery2023-03-3107906226ns5:MotorVehicles2023-03-3107906226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107906226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 07906226 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

JTS MOBILE TYRES LIMITED

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JTS MOBILE TYRES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: A R Jeffery





REGISTERED OFFICE: Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA





REGISTERED NUMBER: 07906226 (England and Wales)





ACCOUNTANTS: ISIS Business Solutions (Northants) LLP
Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,758 43,677

CURRENT ASSETS
Debtors 5 82,915 66,802
Cash at bank 190,317 184,662
273,232 251,464
CREDITORS
Amounts falling due within one year 6 101,725 92,016
NET CURRENT ASSETS 171,507 159,448
TOTAL ASSETS LESS CURRENT LIABILITIES 204,265 203,125

PROVISIONS FOR LIABILITIES 6,224 8,299
NET ASSETS 198,041 194,826

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 197,940 194,725
SHAREHOLDERS' FUNDS 198,041 194,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 7th August 2024 and were signed by:





A R Jeffery - Director


JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

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.

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.
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

JTS MOBILE TYRES LIMITED (REGISTERED NUMBER: 07906226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 16,404 65,855 82,259
DEPRECIATION
At 1st April 2023 10,484 28,098 38,582
Charge for year 1,480 9,439 10,919
At 31st March 2024 11,964 37,537 49,501
NET BOOK VALUE
At 31st March 2024 4,440 28,318 32,758
At 31st March 2023 5,920 37,757 43,677

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,435 64,715
Other debtors 2,480 2,087
82,915 66,802

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 59,485 55,869
Taxation and social security 40,388 29,099
Other creditors 1,852 7,048
101,725 92,016

7. RELATED PARTY DISCLOSURES

Included in other creditors is an amount owing to the director of £52 (2023: £2,548). This loan is interest free and has no repayment terms.