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REGISTERED NUMBER: 12425860 (England and Wales)















JONES BROTHERS TRANSPORT LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024






JONES BROTHERS TRANSPORT LTD (REGISTERED NUMBER: 12425860)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JONES BROTHERS TRANSPORT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Miss J Sitniczuk





REGISTERED OFFICE: 45 High Street
Haverfordwest
Pembrokeshire
SA61





REGISTERED NUMBER: 12425860 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

JONES BROTHERS TRANSPORT LTD (REGISTERED NUMBER: 12425860)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,100 28,374

CURRENT ASSETS
Debtors 5 24,686 31,410
Cash at bank 18,475 15,512
43,161 46,922
CREDITORS
Amounts falling due within one year 6 14,754 21,535
NET CURRENT ASSETS 28,407 25,387
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,507

53,761

CREDITORS
Amounts falling due after more than one
year

7

19,244

-
NET ASSETS 47,263 53,761

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 47,262 53,760
SHAREHOLDERS' FUNDS 47,263 53,761

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

JONES BROTHERS TRANSPORT LTD (REGISTERED NUMBER: 12425860)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024



The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





Miss J Sitniczuk - Director


JONES BROTHERS TRANSPORT LTD (REGISTERED NUMBER: 12425860)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Jones Brothers Transport Ltd 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 - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2023 - 1 ) .

JONES BROTHERS TRANSPORT LTD (REGISTERED NUMBER: 12425860)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 24,450 13,000 374 37,824
Additions - 27,000 - 27,000
Disposals - (13,000 ) - (13,000 )
At 31 January 2024 24,450 27,000 374 51,824
DEPRECIATION
At 1 February 2023 3,668 5,688 94 9,450
Charge for year 3,118 6,750 94 9,962
Eliminated on disposal - (5,688 ) - (5,688 )
At 31 January 2024 6,786 6,750 188 13,724
NET BOOK VALUE
At 31 January 2024 17,664 20,250 186 38,100
At 31 January 2023 20,782 7,312 280 28,374

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,686 25,410
Other debtors 6,000 6,000
24,686 31,410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,580 16,070
Trade creditors - 1,133
Taxation and social security 2,199 2,365
Other creditors 1,975 1,967
14,754 21,535

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 19,244 -

8. RELATED PARTY DISCLOSURES

During the year the director made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was £90 (2023 £292).