Jps Group Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10450954

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		837,249		639,971

			837,249		639,971
CURRENT ASSETS
Debtors	5	399,042		421,369
Cash at bank and in hand		64,802		93,200

		463,844		514,569
Creditors: Amounts Falling Due Within One Year	6	(543,524 )		(512,526 )

NET CURRENT ASSETS (LIABILITIES)			(79,680 )		2,043

TOTAL ASSETS LESS CURRENT LIABILITIES			757,569		642,014

Creditors: Amounts Falling Due After More Than One Year	7		(712,106 )		(606,172 )

NET ASSETS			45,463		35,842

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			45,363		35,742

SHAREHOLDERS' FUNDS			45,463		35,842

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Jps Group Services Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A R Hems

Director

29 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Jps Group Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10450954 . The registered office is Jps Workshop And Yard Cecil House, Foster Street, Harlow, Essex, CM17 9HY.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the rental of equipment is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually on dispatch of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	3-12 year straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

...CONTINUED

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Jps Group Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

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.

2.6. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 12)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	1,147,074	242,441	25,998	2,289	1,417,802
Additions	250,612	36,904	-	154	287,670

As at 31 March 2025	1,397,686	279,345	25,998	2,443	1,705,472

Depreciation
As at 1 April 2024	604,135	157,586	15,449	661	777,831
Provided during the period	60,321	26,987	2,638	446	90,392

As at 31 March 2025	664,456	184,573	18,087	1,107	868,223

Net Book Value
As at 31 March 2025	733,230	94,772	7,911	1,336	837,249

As at 1 April 2024	542,939	84,855	10,549	1,628	639,971

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024 as restated
	£	£
Plant & Machinery	711,880	528,074
Motor Vehicles	67,230	48,132

	779,110	576,206

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Jps Group Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	247,003	273,013
Prepayments and accrued income	8,193	7,970
Deferred tax current asset	-	1,540
Amounts owed by group undertakings	143,846	138,846

	399,042	421,369

6. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	187,774	109,169
Trade creditors	105,624	136,922
Bank loans and overdrafts	205,065	227,135
Other taxes and social security	10,998	13,275
VAT	27,687	19,482
Pension creditor	1,462	1,493
CIS creditor	1,414	-
Accruals and deferred income	3,500	5,050

	543,524	512,526

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	516,170	382,448
Amounts owed to group undertakings	195,936	223,724

	712,106	606,172

8. Secured Creditors

Of the creditors the following amounts are secured against the assets they relate to.

	2025		2024 as restated
	£		£
Net obligations under finance lease and hire purchase contracts	703,944		491,617

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Jps Group Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024 as restated
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	187,774	109,169
Later than one year and not later than five years	516,170	382,448

	703,944	491,617

	703,944	491,617

10. Share Capital

	2025	2024 as restated
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

11. Related Party Transactions

The company has taken advantage of the exemption available in accordance with FRS 102, section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.

12. Restatement of comparatives

The 2024 comparatives are showing as restated due to the presentation of deferred tax. The overall net asset position of the company remains the same.

In addition, the profit/(loss) on disposal of fixed assets is now presented after the operating profit/(loss) total and the amounts owed to group undertakings is shown as due in more than 1 year.

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