Company No: 06620428 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	128,802		119,801
		128,802		119,801
Current assets
Stocks	5	72,304		79,454
Debtors	6	68,982		51,248
Cash at bank and in hand		180,211		131,932
		321,497		262,634
Creditors: amounts falling due within one year	7	( 298,590)		( 264,336)
Net current assets/(liabilities)		22,907		(1,702)
Total assets less current liabilities		151,709		118,099
Creditors: amounts falling due after more than one year	8	( 14,136)		( 27,494)
Provision for liabilities		( 23,162)		( 20,130)
Net assets		114,411		70,475
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		114,311		70,375
Total shareholders' funds		114,411		70,475

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Justin Roberton Limited (registered number: 06620428) were approved and authorised for issue by the Board of Directors on 07 January 2026. They were signed on its behalf by:

Mrs K Roberton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Justin Roberton Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hi-Q Tyre Services, West End, Bodmin, PL31 1LN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

6 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on either a straight-line, or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	5 - 10 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	12.5 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	28		24

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 August 2024	6		6
At 31 July 2025	6		6
Accumulated amortisation
At 01 August 2024	6		6
At 31 July 2025	6		6
Net book value
At 31 July 2025	0		0
At 31 July 2024	0		0

4. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 August 2024	17,972		49,477		298,196		365,645
Additions	550		0		28,522		29,072
Disposals	0		( 5,202)		0		( 5,202)
At 31 July 2025	18,522		44,275		326,718		389,515
Accumulated depreciation
At 01 August 2024	17,678		21,818		206,348		245,844
Charge for the financial year	327		6,790		12,455		19,572
Disposals	0		( 4,703)		0		( 4,703)
At 31 July 2025	18,005		23,905		218,803		260,713
Net book value
At 31 July 2025	517		20,370		107,915		128,802
At 31 July 2024	294		27,659		91,848		119,801

5. Stocks

	2025		2024
	£		£
Stocks (secured)	72,304		79,454

6. Debtors

	2025		2024
	£		£
Trade debtors	47,820		33,252
Other debtors	21,162		17,996
	68,982		51,248

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	9,090		10,909
Trade creditors	171,601		154,787
Taxation and social security	89,766		61,665
Obligations under finance leases and hire purchase contracts	4,269		4,269
Other creditors	23,864		32,706
	298,590		264,336

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		9,090
Obligations under finance leases and hire purchase contracts	14,136		18,404
	14,136		27,494

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	145,640		137,752
between one and five years	400,230		551,008
after five years	0		19,845
Total future minimum lease payments under non-cancellable operating leases	545,870		708,605