RSJ Motors Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07607393

RSJ MOTORS LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 April 2025

RSJ MOTORS LTD

STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		100		1,933

CURRENT ASSETS

Stocks		2,500	4,490
Debtors	6	2,830	1,740
Cash at bank and in hand		9,988	13,204
		--------	--------
		15,318	19,434

CREDITORS: amounts falling due within one year	7	32,001		28,893
		--------		--------
NET CURRENT LIABILITIES			16,683		9,459
			--------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 16,583)		( 7,526)

PROVISIONS

Taxation including deferred tax	–	276
	--------	-------
NET LIABILITIES	( 16,583)	( 7,802)
	--------	-------

CAPITAL AND RESERVES

Called up share capital	8	1,000	1,000
Profit and loss account		( 17,583)	( 8,802)
		--------	-------
SHAREHOLDERS DEFICIT		( 16,583)	( 7,802)
		--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RSJ MOTORS LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 13 January 2026 , and are signed on behalf of the board by:

S PEATE

Director

Company registration number: 07607393

RSJ MOTORS LTD

NOTES TO THE FINANCIAL STATEMENTS

Year ended 30 April 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 16 Marshall Road, Willenhall, WV13 3QD, West Midlands.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through the statement of income and retained earnings. The financial statements are prepared in sterling, which is the functional currency of the entity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

The turnover shown in the statement of income and retained earnings account represents amounts invoiced during the year, exclusive of Value Added Tax. Sales are recognised when goods are delivered to the customer.

Tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment and website	-	33.33% straight line

Depreciation on website development costs is not recognised until the point the website is functioning, at which point depreciation is calculated on the above basis.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. TANGIBLE ASSETS

	Office equipment and website	Total
	£	£
Cost
At 1 May 2024	8,716	8,716
Additions	149	149
	-------	-------
At 30 April 2025	8,865	8,865
	-------	-------
Depreciation
At 1 May 2024	6,783	6,783
Charge for the year	1,982	1,982
	-------	-------
At 30 April 2025	8,765	8,765
	-------	-------
Carrying amount
At 30 April 2025	100	100
	-------	-------
At 30 April 2024	1,933	1,933
	-------	-------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	913	1,507
Other debtors	1,917	233
	-------	-------
	2,830	1,740
	-------	-------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	5,221	2,276
Social security and other taxes	233	1,594
Other creditors	26,547	25,023
	--------	--------
	32,001	28,893
	--------	--------

8. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

9. GOING CONCERN

Included in other creditors is an amount owed to the director of £23,365. The director has confirmed his continuing support for the company and, despite the loan being repayable on demand, does not plan to withdraw these funds in the foreseeable future. It is therefore deemed appropriate that the financial statements continue to be prepared on the going concern basis.