IRIS Accounts Production v24.2.0.383 10686937 director 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106869372023-03-31106869372024-03-31106869372023-04-012024-03-31106869372022-03-31106869372022-04-012023-03-31106869372023-03-3110686937ns15:EnglandWales2023-04-012024-03-3110686937ns14:PoundSterling2023-04-012024-03-3110686937ns10:Director12023-04-012024-03-3110686937ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110686937ns10:SmallEntities2023-04-012024-03-3110686937ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110686937ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110686937ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110686937ns10:FullAccounts2023-04-012024-03-311068693712023-04-012024-03-3110686937ns10:OrdinaryShareClass12023-04-012024-03-3110686937ns10:RegisteredOffice2023-04-012024-03-3110686937ns5:CurrentFinancialInstruments2024-03-3110686937ns5:CurrentFinancialInstruments2023-03-3110686937ns5:Non-currentFinancialInstruments2024-03-3110686937ns5:Non-currentFinancialInstruments2023-03-3110686937ns5:ShareCapital2024-03-3110686937ns5:ShareCapital2023-03-3110686937ns5:RetainedEarningsAccumulatedLosses2024-03-3110686937ns5:RetainedEarningsAccumulatedLosses2023-03-3110686937ns5:NetGoodwill2023-04-012024-03-3110686937ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110686937ns5:PlantMachinery2023-04-012024-03-3110686937ns5:MotorVehicles2023-04-012024-03-3110686937ns5:ComputerEquipment2023-04-012024-03-3110686937ns5:NetGoodwill2023-03-3110686937ns5:NetGoodwill2024-03-3110686937ns5:NetGoodwill2023-03-3110686937ns5:PlantMachinery2023-03-3110686937ns5:PlantMachinery2024-03-3110686937ns5:PlantMachinery2023-03-3110686937ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110686937ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3110686937ns10:OrdinaryShareClass12024-03-31106869371ns10:Director12023-03-31106869371ns10:Director12022-03-31106869371ns10:Director12023-04-012024-03-31106869371ns10:Director12022-04-012023-03-31106869371ns10:Director12024-03-31106869371ns10:Director12023-03-31
REGISTERED NUMBER: 10686937 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

JCS MOTOR SERVICES LIMITED

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JCS MOTOR SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J L Stephens





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 10686937 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 26,785 35,061
26,785 35,061

CURRENT ASSETS
Debtors 6 25,339 16,308
Cash at bank 1,395 1,841
26,734 18,149
CREDITORS
Amounts falling due within one year 7 24,440 14,587
NET CURRENT ASSETS 2,294 3,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,079

38,623

CREDITORS
Amounts falling due after more than one
year

8

(24,398

)

(31,526

)

PROVISIONS FOR LIABILITIES (4,518 ) (6,290 )
NET ASSETS 163 807

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 63 707
SHAREHOLDERS' FUNDS 163 807

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

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

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2024 and were signed by:





J L Stephens - Director


JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

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

1. STATUTORY INFORMATION

JCS Motor 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.

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 for vehicle valeting services, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to statement of income and retained earnings on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 11,000
AMORTISATION
At 1 April 2023
and 31 March 2024 11,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 49,580
Additions 2,199
Disposals (10,000 )
At 31 March 2024 41,779
DEPRECIATION
At 1 April 2023 14,519
Charge for year 8,695
Eliminated on disposal (8,220 )
At 31 March 2024 14,994
NET BOOK VALUE
At 31 March 2024 26,785
At 31 March 2023 35,061

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

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

5. TANGIBLE FIXED ASSETS - continued

The net book value of tangible fixed assets includes £ 22,024 (2023 - £ 29,366 ) in respect of assets held under hire purchase contracts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,522 2,435
Other debtors 23,817 13,873
25,339 16,308

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,000 4,000
Hire purchase contracts 4,664 5,298
Trade creditors - 28
Taxation and social security 13,586 3,664
Other creditors 2,190 1,597
24,440 14,587

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 6,333 10,333
Hire purchase contracts 18,065 21,193
24,398 31,526

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts 22,729 26,491

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

JCS MOTOR SERVICES LIMITED (REGISTERED NUMBER: 10686937)

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

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
J L Stephens
Balance outstanding at start of year 4,789 (92 )
Amounts advanced 50,354 60,808
Amounts repaid (37,336 ) (55,927 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,807 4,789