REGISTERED NUMBER: 07434286 (England and Wales)

GJH Commercial Vehicle Services Limited

Financial Statements

for the period

29 June 2024 to 28 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G J Hayton

Mrs M Hayton

REGISTERED OFFICE:

Unit 15

Flanshaw Way

Wakefield

West Yorkshire

WF2 9LP

REGISTERED NUMBER:

07434286 (England and Wales)

ACCOUNTANTS:

SMH Jolliffe Cork Ltd

Accountants & Business Advisors

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Intangible assets

4

948

1,264

Tangible assets

5

226,513

155,567

227,461

156,831

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

6

200,678

203,480

Cash at bank

147,883

126,301

356,561

337,781

CREDITORS

Amounts falling due within one year

7

214,790

124,556

NET CURRENT ASSETS

141,771

213,225

TOTAL ASSETS LESS CURRENT LIABILITIES

369,232

370,056

CREDITORS

Amounts falling due after more than one year

8

(13,477

)

(37,879

)

PROVISIONS FOR LIABILITIES

(56,628

)

(38,338

)

NET ASSETS

299,127

293,839

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

299,027

293,739

SHAREHOLDERS' FUNDS

299,127

293,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 December 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 28 July 2026 and were signed on its behalf by:

Mr G J Hayton - Director

1.	STATUTORY INFORMATION

The functional and presentation currency for the company is pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, was amortised evenly over its estimated useful life of ten 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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Fixed assets are initially recorded at cost.

Stocks

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Business rates relief - coronavirus

Reliefs received in relation to Coronavirus Business Rates Relief are accounted for as they fall due and are included within other operating income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 29 June 2024

and 28 December 2025

40,000

2,106

42,106

AMORTISATION

At 29 June 2024

40,000

842

40,842

Amortisation for period

-

316

316

At 28 December 2025

40,000

1,158

41,158

NET BOOK VALUE

At 28 December 2025

-

948

948

At 28 June 2024

-

1,264

1,264

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 29 June 2024

155,478

12,906

244,744

12,712

425,840

Additions

17,910

9,501

169,374

898

197,683

Disposals

(8,742

)

(2,719

)

(30,250

)

(2,082

)

(43,793

)

At 28 December 2025

164,646

19,688

383,868

11,528

579,730

DEPRECIATION

At 29 June 2024

109,674

10,931

141,952

7,716

270,273

Charge for period

18,641

3,920

93,627

1,876

118,064

Eliminated on disposal

(7,837

)

(2,638

)

(23,003

)

(1,642

)

(35,120

)

At 28 December 2025

120,478

12,213

212,576

7,950

353,217

NET BOOK VALUE

At 28 December 2025

44,168

7,475

171,292

3,578

226,513

At 28 June 2024

45,804

1,975

102,792

4,996

155,567

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

142,211

174,436

Other debtors

546

546

Directors' current accounts

23,955

23,676

Prepayments and accrued income

33,966

4,822

200,678

203,480

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,630

14,569

Trade creditors

140,979

44,213

Tax

10,991

37,055

Social security and other taxes

2,397

1,762

VAT

24,333

22,888

Other creditors

519

679

Accruals and deferred income

18,941

3,390

214,790

124,556

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

13,477

15,906

Bank loans - 2-5 years

-

21,973

13,477

37,879

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

30,107

52,448

Obligations under hire purchase are secured against the asset to which they relate.

Bank loans are secured by way of a fixed and floating charge over the assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

70

Ordinary

£1

70

100

30

A Ordinary

£1

30

-

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 December 2025 and the year ended 28 June 2024:

2025

2024

£

£

Mr G J Hayton

Balance outstanding at start of period

23,647

1,618

Amounts advanced

76,546

65,298

Amounts repaid

(76,238

)

(43,269

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

23,955

23,647

12.	RELATED PARTY DISCLOSURES

During the period, total dividends of £75,770 were paid to the directors .