PIT STOP J28 LIMITED

Company Registration Number:
06503283 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PIT STOP J28 LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

PIT STOP J28 LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 24,087 29,212
Tangible assets: 4 168,338 171,955
Total fixed assets: 192,425 201,167
Current assets
Stocks: 17,461 10,061
Debtors:   33,343 27,947
Cash at bank and in hand: 36,546 46,112
Total current assets: 87,350 84,120
Creditors: amounts falling due within one year:   (181,512) (138,694)
Net current assets (liabilities): (94,162) (54,574)
Total assets less current liabilities: 98,263 146,593
Creditors: amounts falling due after more than one year:   (12,725) (59,174)
Provision for liabilities:   (4,291)
Total net assets (liabilities): 85,538 83,128
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 85,536 83,126
Shareholders funds: 85,538 83,128

The notes form part of these financial statements

PIT STOP J28 LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 November 2024
and signed on behalf of the board by:

Name: D Short
Status: Director

The notes form part of these financial statements

PIT STOP J28 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PIT STOP J28 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 11 9

PIT STOP J28 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 102,500
At 31 March 2024 102,500
Amortisation
At 01 April 2023 73,288
Charge for year 5,125
At 31 March 2024 78,413
Net book value
At 31 March 2024 24,087
At 31 March 2023 29,212

PIT STOP J28 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 252,751
Additions 6,867
At 31 March 2024 259,618
Depreciation
At 01 April 2023 80,796
Charge for year 10,484
At 31 March 2024 91,280
Net book value
At 31 March 2024 168,338
At 31 March 2023 171,955

PIT STOP J28 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Related party transactions

Name of the related party: B Hunt and D Short
Relationship:
Directors
Description of the Transaction: The company rents the premises from the directors. This is for a sum of £24,000 p.a.
£
Balance at 01 April 2023 0
Balance at 31 March 2024 0