REGISTERED NUMBER: 05022602 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

J S VEHICLE RENTAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W J Smith

SECRETARY:

Miss S Smith

REGISTERED OFFICE:

Unit K Ventura Business Park

Broadshires Way

Carterton

Oxfordshire

OX18 1AD

REGISTERED NUMBER:

05022602 (England and Wales)

ACCOUNTANTS:

Jamesons Limited

Jamesons House

Compton Way

Witney

OX28 3AB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

582,776

595,033

Investments

6

10

10

582,786

595,043

CURRENT ASSETS

Cash at bank

3,601

16,605

CREDITORS

Amounts falling due within one year

7

196,766

172,980

NET CURRENT LIABILITIES

(193,165

)

(156,375

)

TOTAL ASSETS LESS CURRENT LIABILITIES

389,621

438,668

CREDITORS

Amounts falling due after more than one year

8

(226,213

)

(283,322

)

PROVISIONS FOR LIABILITIES

(57,424

)

(70,940

)

NET ASSETS

105,984

84,406

CAPITAL AND RESERVES

Called up share capital

10

14

14

Retained earnings

105,970

84,392

SHAREHOLDERS' FUNDS

105,984

84,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 September 2025 and were signed by:

W J Smith - Director

1.	STATUTORY INFORMATION

J S Vehicle Rental Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

8,000

AMORTISATION

At 1 June 2024

and 31 May 2025

8,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

261,525

751,927

1,013,452

Additions

-

97,510

97,510

Disposals

-

(26,363

)

(26,363

)

At 31 May 2025

261,525

823,074

1,084,599

DEPRECIATION

At 1 June 2024

38,441

379,978

418,419

Charge for year

3,644

92,906

96,550

Eliminated on disposal

-

(13,146

)

(13,146

)

At 31 May 2025

42,085

459,738

501,823

NET BOOK VALUE

At 31 May 2025

219,440

363,336

582,776

At 31 May 2024

223,084

371,949

595,033

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

and 31 May 2025

10

NET BOOK VALUE

At 31 May 2025

10

At 31 May 2024

10

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

21,572

12,039

Hire purchase contracts

102,445

107,748

Trade creditors

-

4,445

Taxation and social security

50,263

27,158

Other creditors

22,486

21,590

196,766

172,980

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,000

Hire purchase contracts

170,926

208,454

Other creditors

55,287

64,868

226,213

283,322

9.	SECURED DEBTS

The long term loans (shown within Other creditors) are secured by fixed charges over all present and subsequent freehold property belonging to the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Ordinary

£1

10

10

4

Ordinary B

1

4

4

14

14