BJC Car Sales Limited - Filleted accounts

Registered number

07374694

BJC Car Sales Limited

Filleted Accounts

31 March 2026

BJC Car Sales Limited
Registered number:		07374694
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		44,603			60,954

Current assets
Stocks		289,362			223,509
Debtors	4	238,995			169,030
Cash at bank and in hand		80,388			139,015
		608,745			531,554

Creditors: amounts falling due within one year	5	(263,728)			(122,362)

Net current assets			345,017			409,192

Total assets less current liabilities			389,620			470,146

Creditors: amounts falling due after more than one year	6		(85,473)			(46,755)



Net assets			304,147			423,391

Capital and reserves
Called up share capital			2			2
Profit and loss account			304,145			423,389

Shareholders' funds			304,147			423,391

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 members have 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.




Mrs S Cole
Director
Approved by the board on 8 July 2026

BJC Car Sales Limited
Notes to the Accounts
for the year ended 31 March 2026


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).

	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.

	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:

	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

	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.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			4		4


3	Tangible fixed assets
		Fixtures, fittings, tools and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	153,939		57,800		211,739
	Additions	1,356		-		1,356
	At 31 March 2026	155,295		57,800		213,095

	Depreciation
	At 1 April 2025	148,377		2,408		150,785
	Charge for the year	3,257		14,450		17,707
	At 31 March 2026	151,634		16,858		168,492

	Net book value
	At 31 March 2026	3,661		40,942		44,603
	At 31 March 2025	5,562		55,392		60,954


4	Debtors			2026		2025
£					£

	Trade debtors			144,900		38,500
	Loans			90,000		100,000
	Other debtors			4,095		30,530
				238,995		169,030


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loan			1,667		10,833
	Obligations under finance lease and hire purchase contracts			21,793		10,200
	Private loans			80,000		80,000
	Corporation tax			-		-
	Taxation and social security costs			7,950		8,858
	Other creditors			152,318		12,471
				263,728		122,362


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loan			-		834
	Obligations under finance lease and hire purchase contracts			85,473		45,921
				85,473		46,755

7	Other information

	BJC Car Sales Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Sylvestris
	Stapehill Road
	Wimborne
	Dorset
	BH21 7NF