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REGISTERED NUMBER: 01575496 (England and Wales)
















Jeakins Removals Limited

Unaudited financial statements

for the year ended 31 January 2025






Jeakins Removals Limited (Registered number: 01575496)

Contents of the financial statements
For The Year Ended 31 January 2025










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Jeakins Removals Limited

Company information
For The Year Ended 31 January 2025







Directors: M K Jeakins
D M Jeakins





Secretary: M K Jeakins





Registered office: Charles House
Denbigh Road
Basildon
Essex
SS15 6PY





Registered number: 01575496 (England and Wales)





Accountants: Clay Ratnage Strevens & Hills
Chartered Accountants
Construction House, Runwell Road
Wickford
Essex
SS11 7HQ

Jeakins Removals Limited (Registered number: 01575496)

Balance sheet
31 January 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 4 369,799 276,428

Current assets
Debtors 5 215,422 79,349
Cash at bank 204,691 386,926
420,113 466,275
Creditors
Amounts falling due within one year 6 190,896 174,126
Net current assets 229,217 292,149
Total assets less current liabilities 599,016 568,577

Provisions for liabilities 7 51,655 27,185
Net assets 547,361 541,392

Capital and reserves
Called up share capital 3,666 3,666
Capital redemption reserve 1,334 1,334
Retained earnings 542,361 536,392
547,361 541,392

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Jeakins Removals Limited (Registered number: 01575496)

Balance sheet - continued
31 January 2025


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 28 October 2025 and were signed on its behalf by:





M K Jeakins - Director


Jeakins Removals Limited (Registered number: 01575496)

Notes to the financial statements
For The Year Ended 31 January 2025


1. Statutory information

Jeakins Removals 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.

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.
Freehold property - over the unexpired period of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
The company has elected to apply the provisions of Section 11 Basic Financial Instruments of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.


Jeakins Removals Limited (Registered number: 01575496)

Notes to the financial statements - continued
For The Year Ended 31 January 2025


2. Accounting policies - continued
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.

Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Jeakins Removals Limited (Registered number: 01575496)

Notes to the financial statements - continued
For The Year Ended 31 January 2025


3. Employees and directors

The average number of employees during the year was 14 (2024 - 18 ) .

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 February 2024 139,758 589,821 729,579
Additions 3,264 133,624 136,888
At 31 January 2025 143,022 723,445 866,467
Depreciation
At 1 February 2024 8,615 444,536 453,151
Charge for year 6,919 36,598 43,517
At 31 January 2025 15,534 481,134 496,668
Net book value
At 31 January 2025 127,488 242,311 369,799
At 31 January 2024 131,143 145,285 276,428

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 26,308 23,467
Bad debt provision (3,239 ) (3,387 )
Owed by associated company 169,593 27,593
Other debtors 6,215 7,269
Directors' current accounts 7,482 15,943
Accrued income 1,382 167
Prepayments 7,681 8,297
215,422 79,349

Included within other debtors due within one year is a loan to M Jeakins, a director, amounting to £7,482 (2024 - £15,943). The maximum balance outstanding in the year was £27,482 (2024 - £25,943). No interest has been charged on this loan.

Jeakins Removals Limited (Registered number: 01575496)

Notes to the financial statements - continued
For The Year Ended 31 January 2025


6. Creditors: amounts falling due within one year
2025 2024
£    £   
Trade creditors 131,656 50,514
Corporation tax 24,149 36,933
Social security and other taxes - 12,917
Pension fund loan 214 275
VAT 11,029 23,558
Other creditors 567 475
Directors' current accounts 1,400 11,400
Accruals and deferred income 21,881 38,054
190,896 174,126

7. Provisions for liabilities
2025 2024
£    £   
Deferred tax 51,655 27,185

Deferred
tax
£   
Balance at 1 February 2024 27,185
Provided during year 24,470
Balance at 31 January 2025 51,655