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Registration number: 00483897

J. Driver Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

J. Driver Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 12

J. Driver Limited

Company Information

Directors | Mr A B Pinder Mrs L C Pinder

Registered office | 36 Albert Road Colne Lancashire BB8 0AD

Accountants | Hargreaves, Brown & Benson Chartered Accountants 1 Bond Street Colne Lancashire BB8 9DG

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
J. Driver Limited
for the Year Ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J. Driver Limited for the year ended 28 February 2026 as set out on pages 3 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of J. Driver Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of J. Driver Limited and state those matters that we have agreed to state to the Board of Directors of J. Driver Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J. Driver Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that J. Driver Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of J. Driver Limited. You consider that J. Driver Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of J. Driver Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Hargreaves, Brown & Benson
Chartered Accountants
1 Bond Street
Colne
Lancashire
BB8 9DG

6 May 2026

J. Driver Limited

(Registration number: 00483897)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Intangible assets | 4 | - | 41,789
Tangible assets | 5 | 158,140 | 164,260
|  | 158,140 | 206,049
Current assets |  |  |
Stocks | 6 | 163,500 | 225,000
Debtors | 7 | 588,826 | 520,967
Cash at bank and in hand |  | 921 | 1,066
|  | 753,247 | 747,033
Creditors: Amounts falling due within one year | 8 | (611,022) | (763,357)
Net current assets/(liabilities) |  | 142,225 | (16,324)
Total assets less current liabilities |  | 300,365 | 189,725
Creditors: Amounts falling due after more than one year | 8 | (214,318) | (252,058)
Provisions for liabilities |  | (39,535) | (37,827)
Net assets/(liabilities) |  | 46,512 | (100,160)
Capital and reserves |  |  |
Called up share capital |  | 1,001 | 1,001
Retained earnings |  | 45,511 | (101,161)
Shareholders' funds/(deficit) |  | 46,512 | (100,160)

J. Driver Limited

(Registration number: 00483897)
Balance Sheet as at 28 February 2026

For the financial year ending 28 February 2026 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 May 2026 and signed on its behalf by:

......................................... Mr A B Pinder Director

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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:
36 Albert Road
Colne
Lancashire
BB8 0AD

These financial statements were authorised for issue by the Board on 6 May 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.

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, based on their estimated residual values, as follows:

Asset class | Depreciation method and rate
Leasehold property | Reducing balance 10%
Plant and machinery | Reducing balance 10%
Motor vehicles | Reducing balance 25%

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Asset class | Amortisation method and rate
Development costs | Straight line over 5 years

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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 costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 16 (2025 - 14).

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Intangible assets

| Development costs £ | Total £
Cost or valuation
At 1 March 2025 | 52,220 | 52,220
Disposals | (52,220) | (52,220)
At 28 February 2026 | - | -
Amortisation
At 1 March 2025 | 10,431 | 10,431
Amortisation eliminated on disposals | (10,431) | (10,431)
At 28 February 2026 | - | -
Carrying amount
At 28 February 2026 | - | -
At 28 February 2025 | 41,789 | 41,789

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 March 2025 | 8,609 | 89,194 | 111,625 | 209,428
Additions | - | 1,403 | 28,750 | 30,153
Disposals | (8,609) | (13,186) | - | (21,795)
At 28 February 2026 | - | 77,411 | 140,375 | 217,786
Depreciation
At 1 March 2025 | 8,332 | 14,648 | 22,188 | 45,168
Charge for the year | - | 3,464 | 26,033 | 29,497
Eliminated on disposal | (8,332) | (6,687) | - | (15,019)
At 28 February 2026 | - | 11,425 | 48,221 | 59,646
Carrying amount
At 28 February 2026 | - | 65,986 | 92,154 | 158,140
At 28 February 2025 | 277 | 74,546 | 89,437 | 164,260

Included within the net book value of land and buildings above is £Nil (2025 - £277) in respect of long leasehold land and buildings.

6 | Stocks

| 2026 £ | 2025 £
Other inventories | 163,500 | 225,000

7 | Debtors

| 2026 £ | 2025 £
Trade debtors | 59,141 | 223,325
Prepayments | 10,916 | 24,304
Other debtors | 518,769 | 273,338
| 588,826 | 520,967

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 9 | 154,407 | 161,501
Trade creditors |  | 189,968 | 451,359
Taxation and social security |  | 204,654 | 140,833
Accruals and deferred income |  | 8,653 | -
Other creditors |  | 53,340 | 9,664
|  | 611,022 | 763,357

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 9 | 214,318 | 252,058

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

9 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | - | 26,726
Hire purchase contracts | 53,860 | 41,086
Other borrowings | 160,458 | 184,246
| 214,318 | 252,058

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 38,303 | 30,000
Bank overdrafts | 73,850 | 73,955
Hire purchase contracts | 13,528 | 7,778
Other borrowings | 28,726 | 49,768
| 154,407 | 161,501

The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned.

J. Driver Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

10 | Related party transactions

Transactions with directors Interest is charged at the official rate on overdrawn balances.

2026 | At 1 March 2025 £ | Advances to director £ | Repayments by director £ | At 28 February 2026 £
Unsecured and repayable on demand | 229,564 | 93,669 | (17,426) | 305,807

2025 | At 1 March 2024 £ | Advances to director £ | At 28 February 2025 £
Unsecured and repayable on demand | 125,548 | 104,016 | 229,564

Summary of transactions with entities with joint control or significant interest

Mr A B & Mrs L C Pinder are identified as the controlling parties of ALMP Developments Ltd.

Loans to related parties

2026 | Entities with joint control or significant influence £ | Total £
At start of period | 43,517 | 43,517
Advanced | 25,296 | 25,296
At end of period | 68,813 | 68,813

2025 | Entities with joint control or significant influence £ | Total £
At start of period | 22,706 | 22,706
Advanced | 20,811 | 20,811
At end of period | 43,517 | 43,517