1 October 2023 false No description of principal activity Taxfiler 2024.6 11014439business:PrivateLimitedCompanyLtd2023-10-012024-09-30 110144392023-09-30 110144392023-10-012024-09-30 11014439business:AuditExemptWithAccountantsReport2023-10-012024-09-30 11014439business:FilletedAccounts2023-10-012024-09-30 110144392024-09-30 11014439business:Director12023-10-012024-09-30 11014439business:RegisteredOffice2023-10-012024-09-30 110144392023-09-30 11014439core:WithinOneYear2024-09-30 11014439core:WithinOneYear2023-09-30 11014439core:AfterOneYear2024-09-30 11014439core:AfterOneYear2023-09-30 11014439core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 11014439core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 11014439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 11014439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 11014439core:PreviouslyStatedAmount2024-09-30 11014439core:PreviouslyStatedAmount2023-09-30 11014439business:SmallEntities2023-10-012024-09-30 11014439countries:EnglandWales2023-10-012024-09-30 11014439core:PlantMachinery2023-10-012024-09-30 11014439core:MotorVehicles2023-10-012024-09-30 11014439core:FurnitureFittings2023-10-012024-09-30 11014439core:Goodwill2023-09-30 11014439core:Goodwill2024-09-30 11014439core:PlantMachinery2023-09-30 11014439core:MotorVehicles2023-09-30 11014439core:FurnitureFittings2023-09-30 11014439core:PlantMachinery2024-09-30 11014439core:MotorVehicles2024-09-30 11014439core:FurnitureFittings2024-09-30 11014439business:OrdinaryShareClass12023-10-012024-09-30 11014439business:OrdinaryShareClass12022-10-012023-09-30 110144392022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11014439 (England and Wales)
JM Autos (Taunton) Ltd Unaudited accounts for the year ended 30 September 2024
JM Autos (Taunton) Ltd Unaudited accounts Contents
Page
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JM Autos (Taunton) Ltd Company Information for the year ended 30 September 2024
Director
Mr JWE Marshall
Company Number
11014439 (England and Wales)
Registered Office
Unit 2, Fideoak Mill Bishops Hull Taunton TA4 1AF
Accountants
JD Accountants (South West) Ltd Suite 2, Riverside Court Castle Street Barnstaple Devon EX31 1DR
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JM Autos (Taunton) Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
11,700 
11,700 
Tangible assets
87,912 
100,049 
99,612 
111,749 
Current assets
Inventories
6,500 
6,250 
Debtors
55,800 
56,380 
Cash at bank and in hand
10,205 
(7,405)
72,505 
55,225 
Creditors: amounts falling due within one year
(83,887)
(90,680)
Net current liabilities
(11,382)
(35,455)
Total assets less current liabilities
88,230 
76,294 
Creditors: amounts falling due after more than one year
(43,835)
(56,436)
Provisions for liabilities
Deferred tax
(18,926)
(19,009)
Net assets
25,469 
849 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,369 
749 
Shareholders' funds
25,469 
849 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 31 May 2025 and were signed on its behalf by
Mr JWE Marshall Director Company Registration No. 11014439
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JM Autos (Taunton) Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
JM Autos (Taunton) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11014439. The registered office is Unit 2, Fideoak Mill, Bishops Hull, Taunton, TA4 1AF.
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
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 October 2023
11,700 
At 30 September 2024
11,700 
Amortisation
At 1 October 2023
- 
At 30 September 2024
- 
Net book value
At 30 September 2024
11,700 
At 30 September 2023
11,700 
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JM Autos (Taunton) Ltd Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
108,387 
77,736 
12,085 
198,208 
Additions
- 
2,000 
2,541 
4,541 
At 30 September 2024
108,387 
79,736 
14,626 
202,749 
Depreciation
At 1 October 2023
54,274 
36,253 
7,632 
98,159 
Charge for the year
10,822 
5,856 
- 
16,678 
At 30 September 2024
65,096 
42,109 
7,632 
114,837 
Net book value
At 30 September 2024
43,291 
37,627 
6,994 
87,912 
At 30 September 2023
54,113 
41,483 
4,453 
100,049 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
54,432 
53,667 
Amounts falling due after more than one year
Trade debtors
1,368 
2,713 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,015 
10,355 
Obligations under finance leases and hire purchase contracts
7,601 
7,601 
Trade creditors
42,402 
47,717 
Taxes and social security
18,829 
23,967 
Accruals
1,040 
1,040 
83,887 
90,680 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,667 
26,667 
Obligations under finance leases and hire purchase contracts
22,168 
29,769 
43,835 
56,436 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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JM Autos (Taunton) Ltd Notes to the Accounts for the year ended 30 September 2024
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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