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Company Registration No. 09321875 (England and Wales)
J C Cars London Limited Filleted Accounts for the year ended 30 November 2024
J C Cars London Limited Filleted Accounts Contents
Page
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J C Cars London Limited Company Information for the year ended 30 November 2024
Directors
K. Montague A. J. Montague
Company Number
09321875 (England and Wales)
Registered Office
Sapphire House 73 St Margarets Avenue Whetstone London N20 9LD
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
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J C Cars London Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,863 
10,863 
Tangible assets
21,092 
17,416 
31,955 
28,279 
Current assets
Inventories
206,798 
437,670 
Debtors
213,142 
57,137 
Cash at bank and in hand
450,277 
64,508 
870,217 
559,315 
Creditors: amounts falling due within one year
(549,634)
(368,279)
Net current assets
320,583 
191,036 
Total assets less current liabilities
352,538 
219,315 
Creditors: amounts falling due after more than one year
(174,244)
(14,080)
Net assets
178,294 
205,235 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
178,194 
205,135 
Shareholders' funds
178,294 
205,235 
For the year ending 30 November 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
K. Montague Director Company Registration No. 09321875
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J C Cars London Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
J C Cars London Limited is a private company, limited by shares, registered in England and Wales, registration number 09321875. The registered office is Sapphire House, 73 St Margarets Avenue, Whetstone, London, N20 9LD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents net invoiced fees receivable, excluding Value Added Tax.
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:
Motor vehicles
Reducing balance method at 20% per annum.
Fixtures & fittings
Reducing balance method at 20% per annum.
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
10,863 
At 30 November 2024
10,863 
Amortisation
At 1 December 2023
- 
At 30 November 2024
- 
Net book value
At 30 November 2024
10,863 
At 30 November 2023
10,863 
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J C Cars London Limited Notes to the Accounts for the year ended 30 November 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
17,726 
17,477 
35,203 
Additions
17,700 
1,525 
19,225 
Disposals
(17,726)
- 
(17,726)
At 30 November 2024
17,700 
19,002 
36,702 
Depreciation
At 1 December 2023
7,449 
10,338 
17,787 
Charge for the year
5,595 
1,733 
7,328 
On disposals
(9,505)
- 
(9,505)
At 30 November 2024
3,539 
12,071 
15,610 
Net book value
At 30 November 2024
14,161 
6,931 
21,092 
At 30 November 2023
10,277 
7,139 
17,416 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
201,213 
49,336 
Accrued income and prepayments
8,586 
716 
Other debtors
3,343 
7,085 
213,142 
57,137 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
85,832 
24,021 
VAT
15,579 
9,124 
Obligations under finance leases and hire purchase contracts
4,744 
- 
Trade creditors
88,912 
177,472 
Taxes and social security
18,703 
55,747 
Other creditors
74,244 
85,821 
Loans from directors
261,418 
14,776 
Accruals
202 
1,318 
549,634 
368,279 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
156,839 
14,080 
Obligations under finance leases and hire purchase contracts
17,405 
- 
174,244 
14,080 
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J C Cars London Limited Notes to the Accounts for the year ended 30 November 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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