J W Morris (Auto Services) Limited - Accounts to registrar (filleted)

J W MORRIS (AUTO SERVICES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J W Morris

SECRETARY:

Mrs S M Morris

REGISTERED OFFICE:

Old Halfway Garage

509 Leeds Road

Robin Hood

Wakefied

West Yorkshire

WF3 3AL

REGISTERED NUMBER:

05103822 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

4

7,975

8,700

Tangible assets

5

211,838

206,037

219,813

214,737

CURRENT ASSETS

Stocks

8,390

7,990

Debtors

6

103,802

105,549

Cash at bank and in hand

160,140

119,684

272,332

233,223

CREDITORS

Amounts falling due within one year

7

126,400

105,588

NET CURRENT ASSETS

145,932

127,635

TOTAL ASSETS LESS CURRENT LIABILITIES

365,745

342,372

CREDITORS

Amounts falling due after more than one
year

8

-

(10,889

)

PROVISIONS FOR LIABILITIES

10

(9,402

)

(5,664

)

NET ASSETS

356,343

325,819

CAPITAL AND RESERVES

Called up share capital

11

1

Retained earnings

356,342

325,818

SHAREHOLDERS' FUNDS

356,343

325,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

J W Morris - Director

1.	STATUTORY INFORMATION

J W Morris (Auto Services) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

104,500

AMORTISATION

At 1 September 2024

95,800

Amortisation for year

725

At 31 August 2025

96,525

NET BOOK VALUE

At 31 August 2025

7,975

At 31 August 2024

8,700

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

£

COST

At 1 September 2024

160,000

51,948

125,505

Additions

-

16,525

At 31 August 2025

160,000

51,948

142,030

DEPRECIATION

At 1 September 2024

-

51,946

98,370

Charge for year

-

6,549

At 31 August 2025

-

51,946

104,919

NET BOOK VALUE

At 31 August 2025

160,000

2

37,111

At 31 August 2024

160,000

2

27,135

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2024

19,158

32,281

1,799

390,691

Additions

-

16,525

At 31 August 2025

19,158

32,281

1,799

407,216

DEPRECIATION

At 1 September 2024

13,504

19,036

1,798

184,654

Charge for year

848

3,327

-

10,724

At 31 August 2025

14,352

22,363

1,798

195,378

NET BOOK VALUE

At 31 August 2025

4,806

9,918

1

211,838

At 31 August 2024

5,654

13,245

1

206,037

Freehold land and buildings represents investment property. The value shown in the accounts is considered not to be materially different to the open market value at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

12,390

6,537

Other debtors

91,412

99,012

103,802

105,549

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

10,240

Trade creditors

70,705

44,807

Tax

22,202

29,488

Social security and other taxes

1,567

-

VAT

13,820

13,984

Other creditors

2,981

2,762

Directors' current accounts

842

452

Accrued expenses

4,043

3,855

126,400

105,588

The directors loan is interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

Bank loans - 1-2 years

-

10,889

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

Bank loans

10,240

21,129

Bank borrowings are secured by a formal charge over the freehold property and other assets held by the company.

10.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

Deferred tax

9,402

5,664

Deferred

tax

£

Balance at 1 September 2024

5,664

Accelerated capital allowances

3,738

Balance at 31 August 2025

9,402

The entire provision for deferred taxation relates to accelerated capital allowances.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

1

Ordinary shares

£1.00

1

12.	ULTIMATE CONTROLLING PARTY

Mr J W Morris has a beneficial interest in the entire issued share capital and therefore controls the company.