JAZ SPECIALISTS IN ALL THINGS PORSCHE - Accounts to registrar (filleted)

REGISTERED NUMBER: 02981991 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

JAZ SPECIALISTS IN ALL THINGS

PORSCHE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

S J WINTER

MRS C P WINTER

SECRETARY:

MRS C P WINTER

REGISTERED OFFICE:

23 Mountside

Stanmore

Middlesex

HA7 2DS

REGISTERED NUMBER:

02981991 (England and Wales)

ACCOUNTANTS:

KIAN & CO.

Chartered Accountants

23 Mountside

Stanmore

Middlesex

HA7 2DS

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

20,566

25,216

20,567

25,217

CURRENT ASSETS

Stocks

179,110

182,702

Debtors

6

89,555

121,602

Cash at bank

161,841

193,184

430,506

497,488

CREDITORS

Amounts falling due within one year

7

126,011

176,396

NET CURRENT ASSETS

304,495

321,092

TOTAL ASSETS LESS CURRENT
LIABILITIES

325,062

346,309

PROVISIONS FOR LIABILITIES

5,142

6,304

NET ASSETS

319,920

340,005

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

319,820

339,905

SHAREHOLDERS' FUNDS

319,920

340,005

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by:

MRS C P WINTER - Director

1.	STATUTORY INFORMATION

JAZ SPECIALISTS IN ALL THINGS PORSCHE 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 1994, is being amortised evenly over its estimated useful life of fifteen 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 each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 9 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

27,699

AMORTISATION

At 1 November 2024

and 31 October 2025

27,698

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

183,605

DEPRECIATION

At 1 November 2024

158,389

Charge for year

4,650

At 31 October 2025

163,039

NET BOOK VALUE

At 31 October 2025

20,566

At 31 October 2024

25,216

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

84,211

97,005

Other debtors

5,344

24,597

89,555

121,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

25,762

88,167

Taxation and social security

70,215

72,616

Other creditors

30,034

15,613

126,011

176,396

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JAZ SPECIALISTS IN ALL THINGS PORSCHE LIMITED ('The Company') for the year ended 31 October 2025 as set out on pages 3 to 8, which comprise of Profit and Loss Account, Balance Sheet and Notes to the Financial Statements, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Company, as a body, in accordance with the terms of our engagement letter dated 13 July 2018. Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Company and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Company has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Company. You consider that The Company is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of The Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

KIAN & CO.

Chartered Accountants

23 Mountside

Stanmore

Middlesex

HA7 2DS

8 July 2026