IRIS Accounts Production v24.1.9.2 01039555 Board of Directors 30.9.22 29.9.23 29.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010395552022-09-29010395552023-09-29010395552022-09-302023-09-29010395552021-09-29010395552021-09-302022-09-29010395552022-09-2901039555ns15:EnglandWales2022-09-302023-09-2901039555ns14:PoundSterling2022-09-302023-09-2901039555ns10:Director12022-09-302023-09-2901039555ns10:PrivateLimitedCompanyLtd2022-09-302023-09-2901039555ns10:SmallEntities2022-09-302023-09-2901039555ns10:AuditExempt-NoAccountantsReport2022-09-302023-09-2901039555ns10:SmallCompaniesRegimeForDirectorsReport2022-09-302023-09-2901039555ns10:SmallCompaniesRegimeForAccounts2022-09-302023-09-2901039555ns10:FullAccounts2022-09-302023-09-2901039555ns10:Director22022-09-302023-09-2901039555ns10:CompanySecretary12022-09-302023-09-2901039555ns10:RegisteredOffice2022-09-302023-09-2901039555ns5:CurrentFinancialInstruments2023-09-2901039555ns5:CurrentFinancialInstruments2022-09-2901039555ns5:Non-currentFinancialInstruments2023-09-2901039555ns5:Non-currentFinancialInstruments2022-09-2901039555ns5:ShareCapital2023-09-2901039555ns5:ShareCapital2022-09-2901039555ns5:RetainedEarningsAccumulatedLosses2023-09-2901039555ns5:RetainedEarningsAccumulatedLosses2022-09-2901039555ns5:LongLeaseholdAssetsns5:LandBuildings2022-09-302023-09-2901039555ns5:FurnitureFittings2022-09-302023-09-2901039555ns5:ComputerEquipment2022-09-302023-09-2901039555ns5:LongLeaseholdAssetsns5:LandBuildings2022-09-2901039555ns5:FurnitureFittings2022-09-2901039555ns5:ComputerEquipment2022-09-2901039555ns5:LongLeaseholdAssetsns5:LandBuildings2023-09-2901039555ns5:FurnitureFittings2023-09-2901039555ns5:ComputerEquipment2023-09-2901039555ns5:LongLeaseholdAssetsns5:LandBuildings2022-09-2901039555ns5:FurnitureFittings2022-09-2901039555ns5:ComputerEquipment2022-09-2901039555ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-2901039555ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-2901039555ns5:Secured2023-09-2901039555ns5:Secured2022-09-29010395551ns10:Director12022-09-29010395551ns10:Director12021-09-29010395551ns10:Director12022-09-302023-09-29010395551ns10:Director12021-09-302022-09-29010395551ns10:Director12023-09-29010395551ns10:Director12022-09-2901039555ns10:Director222022-09-2901039555ns10:Director222021-09-2901039555ns10:Director222022-09-302023-09-2901039555ns10:Director222021-09-302022-09-2901039555ns10:Director222023-09-2901039555ns10:Director222022-09-29
REGISTERED NUMBER: 01039555 (England and Wales)















John Evans (Transport Services) Limited

Unaudited Financial Statements

for the Year Ended 29 September 2023






John Evans (Transport Services) Limited (Registered number: 01039555)






Contents of the Financial Statements
for the Year Ended 29 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


John Evans (Transport Services) Limited

Company Information
for the Year Ended 29 September 2023







DIRECTORS: R Evans
L J Taylor





SECRETARY: L J Taylor





REGISTERED OFFICE: Portland Street
Newport
NP20 2DP





REGISTERED NUMBER: 01039555 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

John Evans (Transport Services) Limited (Registered number: 01039555)

Balance Sheet
29 September 2023

29.9.23 29.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 272 390

CURRENT ASSETS
Debtors 5 487,001 452,023
Cash at bank and in hand 756,404 787,523
1,243,405 1,239,546
CREDITORS
Amounts falling due within one year 6 538,799 487,335
NET CURRENT ASSETS 704,606 752,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

704,878

752,601

CREDITORS
Amounts falling due after more than one year 7 356,708 393,085
NET ASSETS 348,170 359,516

CAPITAL AND RESERVES
Called up share capital 604,450 604,450
Retained earnings (256,280 ) (244,934 )
SHAREHOLDERS' FUNDS 348,170 359,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2023 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 13 September 2024 and were signed on its behalf by:





L J Taylor - Director


John Evans (Transport Services) Limited (Registered number: 01039555)

Notes to the Financial Statements
for the Year Ended 29 September 2023

1. STATUTORY INFORMATION

John Evans (Transport Services) 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 as modified by the revaluation of certain assets.

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

Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Fixtures and fittings - 25% on reducing balance
Office equipment - 33% 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating lease commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

John Evans (Transport Services) Limited (Registered number: 01039555)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Office
leasehold fittings equipment Totals
£    £    £    £   
COST
At 30 September 2022
and 29 September 2023 20,446 14,408 44,922 79,776
DEPRECIATION
At 30 September 2022 20,446 14,279 44,661 79,386
Charge for year - 32 86 118
At 29 September 2023 20,446 14,311 44,747 79,504
NET BOOK VALUE
At 29 September 2023 - 97 175 272
At 29 September 2022 - 129 261 390

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 29.9.22
£    £   
Trade debtors 7,484 8,022
Other debtors 479,517 444,001
487,001 452,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 29.9.22
£    £   
Bank loans and overdrafts 52,829 51,001
Trade creditors 259,057 219,035
Taxation and social security 21,432 3,303
Other creditors 205,481 213,996
538,799 487,335

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.9.23 29.9.22
£    £   
Bank loans 156,708 193,085
Other creditors 200,000 200,000
356,708 393,085

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,308 65,098

John Evans (Transport Services) Limited (Registered number: 01039555)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

29.9.23 29.9.22
£    £   
Bank overdrafts 19,229 19,004
Bank loans 190,308 225,082
209,537 244,086

The bank overdraft is secured by way of fixed and floating charges over the undertaking and all property and assets. The bank loan is secured on the leasehold land.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 September 2023 and 29 September 2022:

29.9.23 29.9.22
£    £   
L J Taylor
Balance outstanding at start of year 9,107 6,111
Amounts advanced 3,795 2,996
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,902 9,107

R Evans
Balance outstanding at start of year 32,717 30,481
Amounts advanced 1,068 2,268
Amounts repaid - (32 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,785 32,717

Interest on each director's overdrawn accounts is charged at 2.25% (2022: 2.5%).

10. RELATED PARTY DISCLOSURES

The director, Robert Evans, is a shareholder of London Residential Partners Ltd and Property Wealth Management Limited.

At the balance sheet date, £188,112 (2022: £188,112) was due to the reporting entity from London Residential Partners Ltd.

At the balance sheet date, £131,703 (2022: £122,431) was due to the reporting entity from Property Wealth Management Limited.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R S Evans