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Company Registration No. 06614436 (England and Wales)
JHB CARS LTD Unaudited accounts for the year ended 30 June 2025
JHB CARS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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JHB CARS LTD Company Information for the year ended 30 June 2025
Directors
Mrs J Burdon Mr H Burdon
Company Number
06614436 (England and Wales)
Registered Office
131 Paintworks Arnos Vale Bristol Avon BS4 3DL England
Accountants
P B S Accounting Services Ltd 131 Paintworks Bath Road Bristol North Somerset BS4 3DL
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JHB CARS LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Current assets
Inventories
10,751
12,250
Debtors
6
586
6,664
Cash at bank and in hand
69,030
62,144
80,367
81,058
Creditors: amounts falling due within one year
7
(71,474)
(59,061)
Net current assets
8,893
21,997
Net assets
8,893
21,997
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
8,891
21,995
Shareholders' funds
8,893
21,997
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 directors acknowledge their 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 of Directors and authorised for issue on 13 January 2026 and were signed on its behalf by
Mrs J Burdon Director Company Registration No. 06614436
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JHB CARS LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
JHB CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 06614436. The registered office is 131 Paintworks, Arnos Vale, Bristol, Avon, BS4 3DL, England.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
-25% on cost
Computer equipment
-25% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Pension costs
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
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JHB CARS LTD Notes to the Accounts for the year ended 30 June 2025
Deferred taxation
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 accounts. 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 current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2024
9,600
At 30 June 2025
9,600
Amortisation
At 1 July 2024
9,600
At 30 June 2025
9,600
Net book value
At 30 June 2025
-
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
256
2,004
2,260
At 30 June 2025
256
2,004
2,260
Depreciation
At 1 July 2024
256
2,004
2,260
At 30 June 2025
256
2,004
2,260
Net book value
At 30 June 2025
-
-
-
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
2,929
Accrued income and prepayments
586
735
Other debtors
-
3,000
586
6,664
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JHB CARS LTD Notes to the Accounts for the year ended 30 June 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,050
4,050
Taxes and social security
6,080
6,784
Other creditors
846
342
Loans from directors
59,598
46,985
Accruals
900
900
71,474
59,061
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mrs J Burdon
Directors' advances, credtis and guarantees
(9,126)
-
-
(9,126)
Mr H Burdon
Directors' advances, credtis and guarantees
(13,555)
-
-
(13,555)
(22,681)
-
-
(22,681)
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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