JVY Limited 07334611 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is the management of a motor vehicles sales and servicing business. Digita Accounts Production Advanced 6.30.9574.0 true true 07334611 2024-10-01 2025-09-30 07334611 2025-09-30 07334611 bus:OrdinaryShareClass1 2025-09-30 07334611 bus:OrdinaryShareClass2 2025-09-30 07334611 core:CurrentFinancialInstruments 2025-09-30 07334611 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 07334611 core:FurnitureFittingsToolsEquipment 2025-09-30 07334611 core:MotorVehicles 2025-09-30 07334611 core:OtherPropertyPlantEquipment 2025-09-30 07334611 core:DeferredTaxation 2025-09-30 07334611 core:AllJointVentures 2025-09-30 07334611 bus:SmallEntities 2024-10-01 2025-09-30 07334611 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 07334611 bus:FilletedAccounts 2024-10-01 2025-09-30 07334611 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 07334611 bus:RegisteredOffice 2024-10-01 2025-09-30 07334611 bus:Director2 2024-10-01 2025-09-30 07334611 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 07334611 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 07334611 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 07334611 core:Associate1 2024-10-01 2025-09-30 07334611 core:FurnitureFittings 2024-10-01 2025-09-30 07334611 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 07334611 core:MotorVehicles 2024-10-01 2025-09-30 07334611 core:OfficeEquipment 2024-10-01 2025-09-30 07334611 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 07334611 core:PlantMachinery 2024-10-01 2025-09-30 07334611 core:DeferredTaxation 2024-10-01 2025-09-30 07334611 core:AllJointVentures 2024-10-01 2025-09-30 07334611 countries:EnglandWales 2024-10-01 2025-09-30 07334611 2024-09-30 07334611 core:CostValuation 2024-09-30 07334611 core:FurnitureFittingsToolsEquipment 2024-09-30 07334611 core:MotorVehicles 2024-09-30 07334611 core:OtherPropertyPlantEquipment 2024-09-30 07334611 core:DeferredTaxation 2024-09-30 07334611 core:AllJointVentures 2024-09-30 07334611 2023-10-01 2024-09-30 07334611 2024-09-30 07334611 bus:OrdinaryShareClass1 2024-09-30 07334611 bus:OrdinaryShareClass2 2024-09-30 07334611 core:CurrentFinancialInstruments 2024-09-30 07334611 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 07334611 core:FurnitureFittingsToolsEquipment 2024-09-30 07334611 core:MotorVehicles 2024-09-30 07334611 core:OtherPropertyPlantEquipment 2024-09-30 07334611 core:AllJointVentures 2024-09-30 07334611 core:Associate1 2023-10-01 2024-09-30 07334611 core:AllJointVentures 2023-10-01 2024-09-30 07334611 2023-09-30 07334611 core:AllJointVentures 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07334611

JVY Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

JVY Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

JVY Limited

Company Information

Director | J M T Flintham

Registered office | 49 London Road Odiham Hampshire RG29 1AJ

Accountants | Sable & Argent Limited Chartered Accountants 2 Elvetham Crescent Fleet Hampshire GU51 1BU

JVY Limited

(Registration number: 07334611)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 19,459 | 21,024
Investments | 5 | 9 | 9
|  | 19,468 | 21,033
Current assets |  |  |
Stocks | 6 | 18,995 | 20,495
Debtors | 7 | 56,400 | 79,005
Cash at bank and in hand |  | 26,621 | 22,806
|  | 102,016 | 122,306
Creditors: Amounts falling due within one year | 8 | (103,967) | (89,929)
Net current (liabilities)/assets |  | (1,951) | 32,377
Total assets less current liabilities |  | 17,517 | 53,410
Provisions for liabilities |  | (1,419) | (1,716)
Net assets |  | 16,098 | 51,694
Capital and reserves |  |  |
Called up share capital | 10 | 5 | 5
Retained earnings |  | 16,093 | 51,689
Shareholders' funds |  | 16,098 | 51,694

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 January 2026

J M T Flintham Director |  |

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
49 London Road
Odiham
Hampshire
RG29 1AJ

These financial statements were authorised for issue by the director on 7 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% p.a. reducing balance
Motor vehicles | 25% p.a. reducing balance
Fixtures and fittings | 15% p.a. reducing balance
Office equipment | 20% p.a. straight line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less sale costs. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less sale costs; the impairment loss is recognised immediately in profit or loss.

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons (including the director) employed by the company in the year, was 2 (2024: 2).

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 October 2024 | 4,442 | 21,983 | 2,547 | 28,972
At 30 September 2025 | 4,442 | 21,983 | 2,547 | 28,972
Depreciation
At 1 October 2024 | 2,279 | 3,927 | 1,742 | 7,948
Charge for the year | 887 | 476 | 202 | 1,565
At 30 September 2025 | 3,166 | 4,403 | 1,944 | 9,513
Carrying amount
At 30 September 2025 | 1,276 | 17,580 | 603 | 19,459
At 30 September 2024 | 2,163 | 18,056 | 805 | 21,024

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5 | Investments

| 2025 £ | 2024 £
Investments in associates | 9 | 9

Associates | £
Cost
At 1 October 2024 | 9
Carrying amount
At 30 September 2025 | 9
At 30 September 2024 | 9

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Associates
Moorlake Limited | 41 Shepherd Way Rickmansworth Hertfordshire WD3 7NN | Ordinary shares | 50% | 50%

Associates
Moorlake Limited The principal activity of Moorlake Limited is dealer in new and second hand motor vehicles and motor homes.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 18,995 | 20,495

7 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 11 | 53,400 | 79,000
Other debtors |  | 3,000 | 5
|  | 56,400 | 79,005

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | - | 733
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 11 | 9 | 9
Taxation and social security |  | 12,979 | 4,890
Accruals and deferred income |  | 1,100 | 813
Other creditors |  | 89,879 | 83,484
|  | 103,967 | 89,929

9 | Provisions for liabilities

| Deferred tax £ | Total £
At 1 October 2024 | 1,716 | 1,716
Increase (decrease) in existing provisions | (297) | (297)
At 30 September 2025 | 1,419 | 1,419

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
A ordinary shares of £1 each | 4 | 4 | 4 | 4
B ordinary shares of £1 each | 1 | 1 | 1 | 1
| 5 | 5 | 5 | 5

JVY Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

11 | Related party transactions

Loans to related parties

2025 | Joint ventures £ | Total £
At start of period | 79,000 | 79,000
Advanced | 89,400 | 89,400
Repaid | (115,000) | (115,000)
At end of period | 53,400 | 53,400

2024 | Joint ventures £ | Total £
At start of period | 227,800 | 227,800
Advanced | 113,200 | 113,200
Repaid | (262,000) | (262,000)
At end of period | 79,000 | 79,000