JB MOTORWORKS LTD


Directors	BELL, Christopher Stuart
	WOODS, Michael Vincent


Registered Address	Unit 1 Astwith Close
	Holmewood
	Chesterfield
	S42 5UR


Registered Number	14304781 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		77,021		53,454
			77,021		53,454
Current assets
Stocks	4	52,763		25,315
Debtors	5	5,697		216
Cash at bank and on hand		92,344		55,898
		150,804		81,429
Creditors amounts falling due within one year	6	(113,820)		(59,950)
Net current assets (liabilities)			36,984		21,479
Total assets less current liabilities			114,005		74,933
Creditors amounts falling due after one year	7		(39,229)		(40,047)
Net assets			74,776		34,886
Capital and reserves
Called up share capital			100		100
Profit and loss account			74,676		34,786
Shareholders' funds			74,776		34,886

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 May 2026, and are signed on its behalf by:

BELL, Christopher Stuart
Director
Registered Company No. 14304781

JB MOTORWORKS LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Office Equipment	5

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		10

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 September 24	73,933	896	74,829
Additions	43,470	-	43,470
At 31 August 25	117,403	896	118,299
Depreciation and impairment
At 01 September 24	-	21,375	21,375
Charge for year	19,724	179	19,903
At 31 August 25	19,724	21,554	41,278
Net book value
At 31 August 25	97,679	(20,658)	77,021
At 31 August 24	73,933	(20,479)	53,454

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	52,763	25,315
Total	52,763	25,315

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	5,697	216
Total	5,697	216

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	61,744	30,855
Bank borrowings and overdrafts	12,524	8,077
Taxation and social security	34,707	19,019
Accrued liabilities and deferred income	4,845	1,999
Total	113,820	59,950

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	39,229	40,047
Total	39,229	40,047


	These other creditors are Directors Loans