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Company Registration No. 07942509 (England and Wales)
THE JOE MACARI CAR COMPANY LIMITED Unaudited accounts for the year ended 31 December 2025
THE JOE MACARI CAR COMPANY LIMITED Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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THE JOE MACARI CAR COMPANY LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
247,263
Investments
5
10
-
10
247,263
Current assets
Inventories
-
3,650,453
Debtors
6
1,462,070
28,334,362
Cash at bank and in hand
1,060
3,956
1,463,130
31,988,771
Creditors: amounts falling due within one year
7
(1,462,140)
(1,984,894)
Net current assets
990
30,003,877
Total assets less current liabilities
1,000
30,251,140
Provisions for liabilities
Deferred tax
-
(12,794)
Net assets
1,000
30,238,346
Capital and reserves
Called up share capital
8
1,000
1,000
Profit and loss account
-
30,237,346
Shareholders' funds
1,000
30,238,346
For the year ending 31 December 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 30 April 2026 and were signed on its behalf by
J Macari Director Company Registration No. 07942509
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THE JOE MACARI CAR COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
THE JOE MACARI CAR COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07942509. The registered office is 249-251 Merton Road, London, London, SW18 5EB, 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: At 31 December 2025 a Fair Value Adjustment of £ 871,776 was made to their carrying value.
Land & buildings
over lease term
Fixtures & fittings
25% on residual value
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
866,376
435,947
1,302,323
Additions
759,671
30,383
790,054
Disposals
-
(84,383)
(84,383)
At 31 December 2025
1,626,047
381,947
2,007,994
Depreciation
At 1 January 2025
700,575
354,485
1,055,060
Charge for the year
57,758
18,000
75,758
Surplus on revaluation
858,252
18,924
877,176
On disposals
(9,462)
9,462
-
At 31 December 2025
1,607,123
400,871
2,007,994
Net book value
At 31 December 2025
18,924
(18,924)
-
At 31 December 2024
165,801
81,462
247,263
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THE JOE MACARI CAR COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2025
5
Investments
Subsidiary undertakings
£
Valuation at 1 January 2025
-
Additions
10
Valuation at 31 December 2025
10
Investment in wholly owned subsidiary company, at cost.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
407,178
-
Amounts due from group undertakings etc.
4,965
-
Other debtors
1,049,927
28,334,362
1,462,070
28,334,362
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
7,200
Amounts owed to group undertakings and other participating interests
10
-
Taxes and social security
-
1,421,527
Proposed dividends
1,457,165
-
Other creditors
-
491,167
Accruals
4,965
65,000
1,462,140
1,984,894
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
500 'A' Ordinary shares of £1 each
500
500
500 'B' Ordinary shares of £1 each
500
500
1,000
1,000
9
Loans to directors
During the year, the company made sales of £ 148,750, and paid dividends of £ 3,076,989 and declared dividends in specie of £ 855,675, to its director Mr J Macari.
10
Transactions with related parties
Sales of £ (1,467,535) and Purchases of £ 1,040,755 during the year were made with companies owned and controlled by the director, Mr J Macari. At 31 December 2025, balances of £ 4,965 (2024: £ 26,277,068) due from and £ 10 (2024: £ 491,167) due to, existed with these related companies.
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THE JOE MACARI CAR COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2025
11
Controlling party
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 399 Companies Act 2006 not to prepare group accounts.
12
Average number of employees
During the year the average number of employees was 4 (2024: 1).
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