Jaydee Motors Limited - Filleted accounts

Registered number

04327345

Jaydee Motors Limited

Unaudited Filleted Accounts

31 December 2025

Jaydee Motors Limited
Registered number:		04327345
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		157,747			230,697

Current assets
Stocks		5,097,277			2,306,658
Debtors	4	520,350			378,734
Cash at bank and in hand		261,967			268,418
		5,879,594			2,953,810

Creditors: amounts falling due within one year	5	(4,863,672)			(2,045,828)

Net current assets			1,015,922			907,982

Total assets less current liabilities			1,173,669			1,138,679


Provisions for liabilities			(19,922)			(30,010)


Net assets			1,153,747			1,108,669

Capital and reserves
Called up share capital			15,000			15,000
Capital redemption reserve			58,000			58,000
Profit and loss account			1,080,747			1,035,669

Shareholder's funds			1,153,747			1,108,669

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J H Dauphin
Director
Approved by the board on 2 June 2026

Jaydee Motors Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The directors have assessed and concluded that the group have adequate resources to meet its debts as they fall due for the period of 12 months after the approval of these financial statements. In light of the statement above, the directors have therefore prepared the financial statements on a going concern basis.

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. In general, this occurs when vehicles or parts have been supplied or when a service has been completed. Commission income is accounted for on a receivable basis.

	Incentives and other rebates from brand partners
	The company receives income in the form of various incentives which are determined by brand partners. The amount received is generally based on achieving specific objectives such as a specificed sales volume, as well as other objectives including maintaining brand partner standards which may include, but are not limited to, retail centre image and design requirements, customer satisfaction survey results and training standards. Objectives are generally set and measured on either a quarterly or annual basis. When incentives are based on a specific sales volume or number of registrations, the related income is recognised as a reduction in cost of sales when it is reasonably certain that the income has been earned. This is generally the later of the date the related vehicles are sold or registered or when it is reasonably certain that the related target will be met. Where incentives are linked to retail centre image and design requirements, customer satisfaction survey results or training standards, they are recognised as a reduction in cost of sales when it is reasonably certain that the incentive will be received for the relevant period. The company may also receive contributions towards advertising, promotional and rent expenditure. Where such contributions are received they are recognised as a reduction in the related expenditure in the period to which they relate.

	Government grants
	Government grant income is accounted for on an accruals basis.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Plant and machinery			10% - 33% on cost
	Fixtures and fittings			10% - 50% on cost
	Motor vehicles			33% on cost
	Computer equipment			33% - 50% on cost

	Consignment stock
	Consignment stock vehicles that are regarded effectively as being under control of the company and, in accordance with FRS 102, are included within stock on the Balance Sheet. Although legal title has not passed to the company, the corresponding liability is included in trade creditors and is secured directly on the vehicles to which it relates.

	Stock valuation
	Stock valuation is regularly monitored against age profile and market demand. Management use a number of market tools during the appraisal process including Glass' and CAP valuation guides. The director maintains oversight of ageing stock profiles and a monthly review of any provision required is performed. Used vehicle stocks are stated at part exchange value less any adjustment to reflect over or under allowance on exchange value and adjusted for market conditions. A key source of estimation uncertainity is the valuation of used vehicle stock. The director values used stock on a vehicle by vehicle basis having due regard to vehicle mileage and condition, and the market value indicated by relevant trade guides. These valuations assume that demand for used vehicles is consistent with that seen in previous years. Parts stocks are stated at the lower of cost and net realisable value. In general, cost is determined on a first in first out basis. Net realisable value is the price at which the stock can be realised in the normal course of business after allowing for the costs of realisation. Provision is made for obsolete, slow-moving and defective stock.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					20		22


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	225,760		422,366		45,603		693,729
	Additions	-		23,821		-		23,821
	Disposals	(147,067)		(14,235)		-		(161,302)
	At 31 December 2025	78,693		431,952		45,603		556,248

	Depreciation
	At 1 January 2025	161,035		294,472		7,525		463,032
	Charge for the year	5,180		49,078		15,201		69,459
	On disposals	(119,774)		(14,216)		-		(133,990)
	At 31 December 2025	46,441		329,334		22,726		398,501

	Net book value
	At 31 December 2025	32,252		102,618		22,877		157,747
	At 31 December 2024	64,725		127,894		38,078		230,697


4	Debtors					2025		2024
£							£

	Trade debtors					79,082		121,130
	Other debtors					441,268		257,604
						520,350		378,734

	Included in other debtors above are prepayments and accrued income of £131,598 (2024: £220,665).


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					4,750,074		1,787,170
	Taxation and social security costs					54,529		204,603
	Other creditors					59,069		54,055
						4,863,672		2,045,828

	Included in other creditors above are accruals of £58,961 (2024: £54,055).


6	Secured debts					2025		2024
£							£
	The following secured debts are included within creditors:
	Vehicle funding					426,328		297,344


7	Share capital					2025		2024
£							£
	Allotted, called up and fully paid share capital:
	14,250 ordinary A share of £1 each					14,250		14,250
	750 ordinary shares of £1 each					750		750

						15,000		15,000


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					176,190		319,691

9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director
	Loan 1	4,158		48,093		(4,158)		48,093

	Director
	Loan 1	-		52,118		(6,600)		45,518

		4,158		100,211		(10,758)		93,611

	Included within other debtors are the above loans to directors. The loans are unsecured and are repayable on demand. Interest has been charged on the loans at the HMRC authorised rates for beneficial loans.


10	Other information

	Jaydee Motors Limited is a private company limited by shares and incorporated in England. Its registered number is: 04327345, and its registered office is:
	Oxford Road
	Bodicote
	Banbury
	Oxfordshire
	OX15 4AB