Company Registration No. 08343238 (England and Wales)
JSR AUTOS LTD
Unaudited accounts
for the year ended 31 December 2023
JSR AUTOS LTD
Unaudited accounts
Contents
JSR AUTOS LTD
Company Information
for the year ended 31 December 2023
Director
James Steven Robertson
Secretary
Valerie Robertson
Company Number
08343238 (England and Wales)
Registered Office
UNIT 4 LOWER ROAD TRADING ESTATE
LEDBURY
HR8 2DJ
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
JSR AUTOS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
56,929
88,596
Cash at bank and in hand
3,297
5,911
Creditors: amounts falling due within one year
(55,843)
(87,833)
Net current liabilities
(36,218)
(61,331)
Total assets less current liabilities
20,711
27,265
Creditors: amounts falling due after more than one year
(4,722)
(13,000)
Provisions for liabilities
Deferred tax
(8,781)
(6,482)
Called up share capital
100
100
Profit and loss account
7,108
7,683
Shareholders' funds
7,208
7,783
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2024 and were signed on its behalf by
James Steven Robertson
Director
Company Registration No. 08343238
JSR AUTOS LTD
Notes to the Accounts
for the year ended 31 December 2023
JSR AUTOS LTD is a private company, limited by shares, registered in England and Wales, registration number 08343238. The registered office is UNIT 4 LOWER ROAD TRADING ESTATE, LEDBURY, HR8 2DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight LIne
Computer equipment
25% Straight LIne
Change in Accounting Policy
Historically straight line depreciation of 25% has been applied to Plant & Machinery and Motor Vehicles.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
125,777
53,300
4,408
183,485
Additions
262
7,000
-
7,262
Disposals
(49,548)
(30,800)
(1,407)
(81,755)
At 31 December 2023
76,491
29,500
3,001
108,992
At 1 January 2023
76,209
16,243
2,437
94,889
Charge for the year
8,620
7,375
1,102
17,097
On disposals
(45,173)
(13,343)
(1,407)
(59,923)
At 31 December 2023
39,656
10,275
2,132
52,063
At 31 December 2023
36,835
19,225
869
56,929
At 31 December 2022
49,568
37,057
1,971
88,596
JSR AUTOS LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
-
625
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,000
9,000
Trade creditors
16,798
17,592
Taxes and social security
21,126
9,739
Loans from directors
1,060
48,554
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).