REGISTERED NUMBER: 01039555 (England and Wales)

John Evans (Transport Services) Limited

Unaudited Financial Statements

for the Year Ended 29 September 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Evans

L J Taylor

SECRETARY:

L J Taylor

REGISTERED OFFICE:

Portland Street

Newport

NP20 2DP

REGISTERED NUMBER:

01039555 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 2d,

Building 1 Eastern Business Park

St Mellons

Cardiff

CF3 5EA

FIXED ASSETS

Tangible assets

4

190

272

CURRENT ASSETS

Debtors

5

491,238

487,001

Cash at bank and in hand

698,653

756,404

1,189,891

1,243,405

CREDITORS

Amounts falling due within one year

6

549,423

538,799

NET CURRENT ASSETS

640,468

704,606

TOTAL ASSETS LESS CURRENT LIABILITIES

640,658

704,878

CREDITORS

Amounts falling due after more than one year

7

322,505

356,708

NET ASSETS

318,153

348,170

CAPITAL AND RESERVES

Called up share capital

604,450

604,450

Retained earnings

(286,297

)

(256,280

)

SHAREHOLDERS' FUNDS

318,153

348,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

R Evans - Director

L J Taylor - Director

1.	STATUTORY INFORMATION

John Evans (Transport Services) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs

Tangible fixed assets

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

Long leasehold

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

33% on reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating lease commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Office

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 30 September 2023

and 29 September 2024

20,446

14,408

44,922

79,776

DEPRECIATION

At 30 September 2023

20,446

14,311

44,747

79,504

Charge for year

-

24

58

82

At 29 September 2024

20,446

14,335

44,805

79,586

NET BOOK VALUE

At 29 September 2024

-

73

117

190

At 29 September 2023

-

97

175

272

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.24

29.9.23

£

£

Trade debtors

3,269

7,484

Other debtors

487,969

479,517

491,238

487,001

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.9.24

29.9.23

£

£

Bank loans and overdrafts

52,330

52,829

Trade creditors

281,758

259,057

Taxation and social security

15,163

21,432

Other creditors

200,172

205,481

549,423

538,799

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.9.24

29.9.23

£

£

Bank loans

122,505

156,708

Other creditors

200,000

200,000

322,505

356,708

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

22,308

8.	SECURED DEBTS

The following secured debts are included within creditors:

29.9.24

29.9.23

£

£

Bank overdrafts

18,730

19,229

Bank loans

156,105

190,308

174,835

209,537

The bank overdraft is secured by way of fixed and floating charges over the undertaking and all property and assets. The bank loan is secured on the leasehold land.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 September 2024 and 29 September 2023:

29.9.24

29.9.23

£

£

L J Taylor

Balance outstanding at start of year

12,902

9,107

Amounts advanced

3,709

3,795

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,611

12,902

R Evans

Balance outstanding at start of year

33,785

32,717

Amounts advanced

2,136

1,068

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,921

33,785

Interest on each director's overdrawn accounts is charged at 2.25% (2023: 2.25%).

10.	RELATED PARTY DISCLOSURES

The director, Robert Evans, is a shareholder of London Residential Partners Ltd and Property Wealth Management Limited.

At the balance sheet date, £188,214 (2023: £188,112) was due to the reporting entity from London Residential Partners Ltd.

At the balance sheet date, £134,231 (2023: £131,703) was due to the reporting entity from Property Wealth Management Limited.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R S Evans