5 5 R. & J. MOTOR COMPANY LIMITED 04471322 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of motor vehicle repairs. Digita Accounts Production Advanced 6.30.9574.0 true 04471322 2023-10-01 2024-09-30 04471322 2024-09-30 04471322 bus:OrdinaryShareClass1 2024-09-30 04471322 core:RetainedEarningsAccumulatedLosses 2024-09-30 04471322 core:ShareCapital 2024-09-30 04471322 core:CurrentFinancialInstruments 2024-09-30 04471322 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 04471322 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 04471322 core:FurnitureFittingsToolsEquipment 2024-09-30 04471322 core:OtherPropertyPlantEquipment 2024-09-30 04471322 bus:SmallEntities 2023-10-01 2024-09-30 04471322 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04471322 bus:FilletedAccounts 2023-10-01 2024-09-30 04471322 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04471322 bus:RegisteredOffice 2023-10-01 2024-09-30 04471322 bus:Director2 2023-10-01 2024-09-30 04471322 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 04471322 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04471322 bus:Agent1 2023-10-01 2024-09-30 04471322 core:Goodwill 2023-10-01 2024-09-30 04471322 core:ComputerEquipment 2023-10-01 2024-09-30 04471322 core:FurnitureFittings 2023-10-01 2024-09-30 04471322 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 04471322 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 04471322 core:PlantMachinery 2023-10-01 2024-09-30 04471322 countries:AllCountries 2023-10-01 2024-09-30 04471322 2023-09-30 04471322 core:FurnitureFittingsToolsEquipment 2023-09-30 04471322 core:OtherPropertyPlantEquipment 2023-09-30 04471322 2022-10-01 2023-09-30 04471322 2023-09-30 04471322 bus:OrdinaryShareClass1 2023-09-30 04471322 core:RetainedEarningsAccumulatedLosses 2023-09-30 04471322 core:ShareCapital 2023-09-30 04471322 core:CurrentFinancialInstruments 2023-09-30 04471322 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04471322 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 04471322 core:FurnitureFittingsToolsEquipment 2023-09-30 04471322 core:OtherPropertyPlantEquipment 2023-09-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 04471322

R. & J. MOTOR COMPANY LIMITED

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 September 2024

 

R. & J. MOTOR COMPANY LIMITED

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Abridged Balance Sheet

4 to 5

Notes to the Unaudited Abridged Financial Statements

6 to 12

 

R. & J. MOTOR COMPANY LIMITED

Company Information

Director

Mr Julian Banks

Registered office

112-114 Witton Street
Northwich
Cheshire
CW9 5NW

 

R. & J. MOTOR COMPANY LIMITED

Director's Report for the Year Ended 30 September 2024

The director presents his report and the abridged financial statements for the year ended 30 September 2024.

Director of the company

The director who held office during the year was as follows:

Mr Julian Banks

Principal activity

The principal activity of the company is that of motor vehicle repairs.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 25 June 2025
 

.........................................
Mr Julian Banks
Director

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
R. & J. MOTOR COMPANY LIMITED
for the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of R. & J. MOTOR COMPANY LIMITED for the year ended 30 September 2024 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of R. & J. MOTOR COMPANY LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of R. & J. MOTOR COMPANY LIMITED and state those matters that we have agreed to state to the Board of Directors of R. & J. MOTOR COMPANY LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R. & J. MOTOR COMPANY LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that R. & J. MOTOR COMPANY LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R. & J. MOTOR COMPANY LIMITED. You consider that R. & J. MOTOR COMPANY LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of R. & J. MOTOR COMPANY LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Burton Beavan
Chartered Certified Accountants
112 - 114 Witton Street
Northwich
Cheshire
CW9 5NW

25 June 2025

 

R. & J. MOTOR COMPANY LIMITED

(Registration number: 04471322)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

3,139

3,099

Current assets

 

Stocks

6

2,500

2,000

Debtors

7

38,206

45,042

Cash at bank and in hand

 

141,500

113,750

 

182,206

160,792

Creditors: Amounts falling due within one year

(63,952)

(58,146)

Net current assets

 

118,254

102,646

Total assets less current liabilities

 

121,393

105,745

Creditors: Amounts falling due after more than one year

-

(8,500)

Accruals and deferred income

 

(145)

(1,426)

Net assets

 

121,248

95,819

Capital and reserves

 

Called up share capital

8

4

4

Retained earnings

121,244

95,815

Shareholders' funds

 

121,248

95,819

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 25 June 2025
 

 

R. & J. MOTOR COMPANY LIMITED

(Registration number: 04471322)
Abridged Balance Sheet as at 30 September 2024

.........................................
Mr Julian Banks
Director

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
112-114 Witton Street
Northwich
Cheshire
CW9 5NW

These financial statements were authorised for issue by the director on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance

Fixtures and fittings

15% reducing balance

Computer equipment

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2023 - 5).

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 October 2023

50,000

At 30 September 2024

50,000

Amortisation

At 1 October 2023

50,000

At 30 September 2024

50,000

Carrying amount

At 30 September 2024

-

5

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

7,150

11,629

18,779

At 30 September 2024

7,150

11,629

18,779

Depreciation

At 1 October 2023

6,311

8,679

14,990

Charge for the year

208

442

650

At 30 September 2024

6,519

9,121

15,640

Carrying amount

At 30 September 2024

631

2,508

3,139

At 30 September 2023

149

2,950

3,099

6

Stocks

2024
£

2023
£

Other inventories

2,500

2,000

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

7

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

4

4

4

4

       

9

Related party transactions

 

R. & J. MOTOR COMPANY LIMITED

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,570

11,591