JF CAR SALES LIMITED

Company Registration Number:
NI624551 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

JF CAR SALES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

JF CAR SALES LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 55,000 60,000
Tangible assets: 4 6,400 7,111
Investments:   0 0
Total fixed assets: 61,400 67,111
Current assets
Stocks: 478,126 505,350
Debtors: 5 25,939 14,769
Cash at bank and in hand: 72,981 133,117
Investments:   0 0
Total current assets: 577,046 653,236
Creditors: amounts falling due within one year: 6 (274,970) (361,157)
Net current assets (liabilities): 302,076 292,079
Total assets less current liabilities: 363,476 359,190
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 363,476 359,190
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 363,376 359,090
Shareholders funds: 363,476 359,190

The notes form part of these financial statements

JF CAR SALES LIMITED

Balance sheet statements

For the year ending 30 April 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 29 January 2025
and signed on behalf of the board by:

Name: Mr James Faulkner
Status: Director

The notes form part of these financial statements

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 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

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 6 5

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 100,000
At 30 April 2024 100,000
Amortisation
At 01 May 2023 40,000
Charge for year 5,000
At 30 April 2024 45,000
Net book value
At 30 April 2024 55,000
At 30 April 2023 60,000

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 16,215
At 30 April 2024 16,215
Depreciation
At 01 May 2023 9,104
Charge for year 711
At 30 April 2024 9,815
Net book value
At 30 April 2024 6,400
At 30 April 2023 7,111

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

JF CAR SALES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

TRADE CREDITORS £17,971 CORPORATION TAX £7,010 SOCIAL SECURITY AND OTHER TAXES £10,092 OTHER CREDITORS £239,897 TOTAL £274,970