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Company Registration No. 14906560 (England and Wales)
S J Sportscars (Crediton) Limited Unaudited accounts for the year ended 30 June 2025
S J Sportscars (Crediton) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S J Sportscars (Crediton) Limited Company Information for the year ended 30 June 2025
Director
S A Roberts
Company Number
14906560 (England and Wales)
Registered Office
Lotus House Marsh End Lords Meadow Crediton Devon EX17 1DN United Kingdom
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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S J Sportscars (Crediton) Limited Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
78,094 
78,094 
Investment property
5
209,350 
116,250 
Investments
6
100 
100 
287,544 
194,444 
Current assets
Inventories
33,811 
32,153 
Debtors
7
13,608 
7,338 
Cash at bank and in hand
67,878 
1,086 
115,297 
40,577 
Creditors: amounts falling due within one year
8
(700)
(700)
Net current assets
114,597 
39,877 
Total assets less current liabilities
402,141 
234,321 
Creditors: amounts falling due after more than one year
9
(386,173)
(227,511)
Net assets
15,968 
6,810 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
15,768 
6,610 
Shareholders' funds
15,968 
6,810 
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 November 2025 and were signed on its behalf by
S A Roberts Director Company Registration No. 14906560
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S J Sportscars (Crediton) Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
S J Sportscars (Crediton) Limited is a private company, limited by shares, registered in England and Wales, registration number 14906560. The registered office is Lotus House, Marsh End, Lords Meadow, Crediton, Devon, EX17 1DN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2024
78,094 
At 30 June 2025
78,094 
Depreciation
At 30 June 2025
- 
Net book value
At 30 June 2025
78,094 
At 30 June 2024
78,094 
5
Investment property
2025 
£ 
Fair value at 1 July 2024
116,250 
Additions
93,100 
At 30 June 2025
209,350 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2024
100 
Valuation at 30 June 2025
100 
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S J Sportscars (Crediton) Limited Notes to the Accounts for the year ended 30 June 2025
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
13,608 
7,338 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Accruals
700 
700 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
386,173 
227,511 
10
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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