Company Registration No. 09478355 (England and Wales)
JMCL Freightways Limited
Unaudited accounts
for the year ended 31 March 2026
JMCL Freightways Limited
Unaudited accounts
Contents
JMCL Freightways Limited
Company Information
for the year ended 31 March 2026
Company Number
09478355 (England and Wales)
Registered Office
First Floor Unit S
Roentgen Road
Basingstoke
RG24 8NG
England
Accountants
Woods Russell Limited
First Floor Unit S
Loddon Business Centre
Roentgen Road
Basingstoke
RG24 8NG
JMCL Freightways Limited
Statement of financial position
as at 31 March 2026
Intangible assets
20,000
40,000
Tangible assets
402,566
447,407
Cash at bank and in hand
164,598
225,144
Creditors: amounts falling due within one year
(424,715)
(379,912)
Net current assets
153,099
185,689
Total assets less current liabilities
575,665
673,096
Creditors: amounts falling due after more than one year
(129,802)
(283,894)
Provisions for liabilities
Net assets
369,375
389,202
Called up share capital
1
1
Profit and loss account
369,374
389,201
Shareholders' funds
369,375
389,202
For the year ending 31 March 2026 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2026 and were signed on its behalf by
Nathan Jupe
Director
Company Registration No. 09478355
JMCL Freightways Limited
Notes to the Accounts
for the year ended 31 March 2026
JMCL Freightways Limited is a private company, limited by shares, registered in England and Wales, registration number 09478355. The registered office is First Floor Unit S, Roentgen Road, Basingstoke, RG24 8NG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
JMCL Freightways Limited
Notes to the Accounts
for the year ended 31 March 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
Charge for the year
20,000
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
1,010,397
3,348
1,013,745
At 31 March 2026
1,036,597
3,348
1,039,945
At 1 April 2025
565,111
1,227
566,338
Charge for the year
70,723
318
71,041
At 31 March 2026
635,834
1,545
637,379
At 31 March 2026
400,763
1,803
402,566
At 31 March 2025
445,286
2,121
447,407
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
338,667
398,432
JMCL Freightways Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
327,971
256,956
Accrued income and prepayments
4,349
9,972
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,271
7,956
Obligations under finance leases and hire purchase contracts
152,976
166,523
Trade creditors
149,968
112,992
Taxes and social security
92,125
77,914
Other creditors
11,481
8,865
Loans from directors
(21,623)
(20,581)
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
129,802
282,948
Bank loans are secured via floating charges over the assets of the company and are repayable within 5 years. Hire purchase and similar leases are secured over the assets to which they relate.
9
Operating lease commitments
2026
2025
At 31 March 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
221,072
154,300
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
20,581
29,342
28,300
21,623
20,581
29,342
28,300
21,623
The loan was interest free and repayable on demand. It was fully repaid 9 months after the year end.
JMCL Freightways Limited
Notes to the Accounts
for the year ended 31 March 2026
11
Average number of employees
During the year the average number of employees was 26 (2025: 26).