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REGISTERED NUMBER: 14327569 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Josie's Chandler's Ford Limited

Josie's Chandler's Ford Limited (Registered number: 14327569)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Josie's Chandler's Ford Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs J B Latouf
Mr C P Latouf





REGISTERED OFFICE: 6 High Street
Bishops Waltham
Southampton
Hampshire
SO32 1AA





REGISTERED NUMBER: 14327569 (England and Wales)





ACCOUNTANTS: Ledger Accounting Services Limited
12 West Links
Tollgate
Chandlers Ford
Southampton
Hampshire
SO53 3TG

Josie's Chandler's Ford Limited (Registered number: 14327569)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 405,585 470,063

CURRENT ASSETS
Stocks 3,826 5,497
Debtors 5 18,356 10,100
Cash at bank and in hand 244,322 122,956
266,504 138,553
CREDITORS
Amounts falling due within one year 6 592,318 599,893
NET CURRENT LIABILITIES (325,814 ) (461,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,771

8,723

PROVISIONS FOR LIABILITIES 62,502 38,276
NET ASSETS/(LIABILITIES) 17,269 (29,553 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,169 (29,653 )
17,269 (29,553 )

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

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

The directors acknowledge their 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.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:



Mr C P Latouf - Director


Josie's Chandler's Ford Limited (Registered number: 14327569)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Josie's Chandler's Ford 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, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.


Josie's Chandler's Ford Limited (Registered number: 14327569)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

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 30 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 64,831 473,762 538,593
Additions - 3,433 3,433
At 31 December 2024 64,831 477,195 542,026
DEPRECIATION
At 1 January 2024 4,614 63,916 68,530
Charge for year 6,021 61,890 67,911
At 31 December 2024 10,635 125,806 136,441
NET BOOK VALUE
At 31 December 2024 54,196 351,389 405,585
At 31 December 2023 60,217 409,846 470,063

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 18,356 10,100

Josie's Chandler's Ford Limited (Registered number: 14327569)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 32,505 47,159
Amounts owed to group undertakings 488,187 488,356
Taxation and social security 55,671 49,090
Other creditors 15,955 15,288
592,318 599,893