Registered number
07024115
Jay & Robs Windscreens Limited
Filleted Accounts
31 October 2024
Jay & Robs Windscreens Limited
Registered number: 07024115
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 59,558 26,925
Current assets
Stocks 2,004 2,004
Debtors 4 71,257 47,335
Cash at bank and in hand 24,199 33,566
97,460 82,905
Creditors: amounts falling due within one year 5 (50,924) (46,904)
Net current assets 46,536 36,001
Total assets less current liabilities 106,094 62,926
Creditors: amounts falling due after more than one year 6 (37,272) (25,833)
Net assets 68,822 37,093
Capital and reserves
Called up share capital 2 2
Profit and loss account 68,820 37,091
Shareholders' funds 68,822 37,093
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R A H Stuart
Director
Approved by the board on 30 April 2025
Jay & Robs Windscreens Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant, machinery and motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 5
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 12,929 63,194 76,123
Additions 601 53,678 54,279
Disposals - (17,899) (17,899)
At 31 October 2024 13,530 98,973 112,503
Depreciation
At 1 November 2023 12,292 36,906 49,198
Charge for the year 310 19,544 19,854
On disposals - (16,107) (16,107)
At 31 October 2024 12,602 40,343 52,945
Net book value
At 31 October 2024 928 58,630 59,558
At 31 October 2023 637 26,288 26,925
4 Debtors 2024 2023
£ £
Trade debtors 69,590 45,668
Other debtors 1,667 1,667
71,257 47,335
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 8,193 5,119
Taxation and social security costs 40,794 40,173
Other creditors 1,937 1,612
50,924 46,904
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 15,833 25,833
Obligations under finance lease and hire purchase contracts 21,439 -
37,272 25,833
7 Other information
Jay & Robs Windscreens Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2 St Johns Estate
Dunmow Road Takeley
Bishops Stortford
Herts
CM22 6SP
Jay & Robs Windscreens Limited 07024115 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts April 2025 R A H Stuart No description of principal activity 07024115 2022-11-01 2023-10-31 07024115 core:WithinOneYear 2023-10-31 07024115 core:AfterOneYear 2023-10-31 07024115 core:ShareCapital 2023-10-31 07024115 core:RetainedEarningsAccumulatedLosses 2023-10-31 07024115 2023-11-01 2024-10-31 07024115 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07024115 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07024115 bus:Director40 2023-11-01 2024-10-31 07024115 1 2023-11-01 2024-10-31 07024115 2 2023-11-01 2024-10-31 07024115 core:PlantMachinery 2023-11-01 2024-10-31 07024115 core:Vehicles 2023-11-01 2024-10-31 07024115 countries:England 2023-11-01 2024-10-31 07024115 bus:FRS102 2023-11-01 2024-10-31 07024115 bus:FilletedAccounts 2023-11-01 2024-10-31 07024115 2024-10-31 07024115 core:WithinOneYear 2024-10-31 07024115 core:AfterOneYear 2024-10-31 07024115 core:ShareCapital 2024-10-31 07024115 core:RetainedEarningsAccumulatedLosses 2024-10-31 07024115 core:PlantMachinery 2024-10-31 07024115 core:Vehicles 2024-10-31 07024115 2023-10-31 07024115 core:PlantMachinery 2023-10-31 07024115 core:Vehicles 2023-10-31 iso4217:GBP xbrli:pure