REGISTERED NUMBER: 13816482 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JME TRANSPORT & DISTRIBUTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G W Bethel

M Dixon

R D Marklove

REGISTERED OFFICE:

Cedar House

123 Worsley Road

Worsley

Greater Manchester

M28 2WG

REGISTERED NUMBER:

13816482 (England and Wales)

ACCOUNTANTS:

RfM Alexander Bursk

c/o Alexander Bursk Ltd

Parkgates, Bury New Road

Prestwich

Manchester

Greater Manchester

M25 0JW

FIXED ASSETS

Intangible assets

4

181,250

206,250

Tangible assets

5

3,863

12,526

185,113

218,776

CURRENT ASSETS

Debtors

6

489,786

492,661

Cash at bank

256,180

230,119

745,966

722,780

CREDITORS

Amounts falling due within one year

7

1,940,105

1,904,807

NET CURRENT LIABILITIES

(1,194,139

)

(1,182,027

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,009,026

)

(963,251

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,009,126

)

(963,351

)

(1,009,026

)

(963,251

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

G W Bethel - Director

M Dixon - Director

1.	STATUTORY INFORMATION

JME Transport & Distribution 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.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 2022, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery etc

-

33% on cost and at varying rates on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

GOING CONCERN

The financial statements have been prepared on a going concern basis and the directors have confirmed support for the company for the foreseeable future. The connected company loan is not expected to be called in within 12 months of the date of the directors report.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

250,000

AMORTISATION

At 1 January 2024

43,750

Charge for year

25,000

At 31 December 2024

68,750

NET BOOK VALUE

At 31 December 2024

181,250

At 31 December 2023

206,250

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

27,827

Additions

741

At 31 December 2024

28,568

DEPRECIATION

At 1 January 2024

15,301

Charge for year

9,404

At 31 December 2024

24,705

NET BOOK VALUE

At 31 December 2024

3,863

At 31 December 2023

12,526

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

378,046

316,809

Other debtors

111,740

175,852

489,786

492,661

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

167,567

95,983

Taxation and social security

31,855

26,252

Other creditors

1,740,683

1,782,572

1,940,105

1,904,807

8.	RELATED PARTY DISCLOSURES

The company has received an interest free loan of £1,700,000 (2023 - £1,750,000) from BCD Logistics Limited, a connected company under common control. The loan is repayable on demand and is included within Other Creditors.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G W Bethel.