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REGISTERED NUMBER: 01381008 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JUNCTION ROAD MOTOR COMPANY (LONDON) LTD
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JUNCTION ROAD MOTOR COMPANY (LONDON) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: J O'Sullivan





REGISTERED OFFICE: 6-8 Woodside Grove
North Finchley
London
N12 8QU





REGISTERED NUMBER: 01381008 (England and Wales)





ACCOUNTANTS: CKRD Accountants Ltd
194 Honeypot Lane
Stanmore
HA7 1EE
Page 1
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

BALANCE SHEET
30 SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 405,422 411,696
Investments 5 100 100
405,522 411,796

CURRENT ASSETS
Stocks 63,500 51,975
Debtors 6 3,563,816 3,656,383
Cash at bank and in hand 190,861 53,268
3,818,177 3,761,626
CREDITORS
Amounts falling due within one year 7 175,912 280,665
NET CURRENT ASSETS 3,642,265 3,480,961
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,047,787
3,892,757

CREDITORS
Amounts falling due after more than one
year
8
884,555
884,555
NET ASSETS 3,163,232 3,008,202

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Revaluation reserve 9 156,940 156,940
Retained earnings 2,986,292 2,831,262
SHAREHOLDERS' FUNDS 3,163,232 3,008,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 notes form part of these financial statements

Page 2 continued...
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 23 September 2025 and were signed by:





J O'Sullivan - Director


The notes form part of these financial statements

Page 3
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Junction Road Motor Company (London) 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.

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 - 2% on cost
Plant and machinery etc - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Page 4 continued...
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 455,599 572,220 1,027,819
Additions - 2,312 2,312
At 30 September 2024 455,599 574,532 1,030,131
DEPRECIATION
At 1 October 2023 73,999 542,124 616,123
Charge for year 2,878 5,708 8,586
At 30 September 2024 76,877 547,832 624,709
NET BOOK VALUE
At 30 September 2024 378,722 26,700 405,422
At 30 September 2023 381,600 30,096 411,696

The freehold land and buildings have been reviewed by the directors for the current year. The last valuation was performed by Norman Gillespie MRICS of Savills, Wessex House, Wimborne, Dorset, BH21 1PB. The next professional valuation is imminent.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 112,369 201,472
Other debtors 3,451,447 3,454,911
3,563,816 3,656,383

Page 5 continued...
JUNCTION ROAD MOTOR COMPANY (LONDON) LTD (REGISTERED NUMBER: 01381008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors 33,978 126,578
Taxation and social security 33,654 39,770
Other creditors 108,280 114,317
175,912 280,665

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/24 30/9/23
£    £   
Other creditors 884,555 884,555

9. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 156,940

10. RELATED PARTY DISCLOSURES

The company director, Mr J O'Sullivan also serves as director of the following companies and during the ordinary course of the year under review, the company has carried out the following transactions:

North of England Coachworks Limited
Mr J O'Sullivan is a controlling director of North of England Coachworks Limited. Included in other debtors is a balance of £242,626 (2023: £239,410) due from North of England Coachworks Limited.

Junction Road Property LLP
The company is a 99.99% Member in this entity. Included in other debtors is a balance of £3,079,968 due from Junction Road Property LLP on account of the properties sold to it.

Page 6