JFM Plastics and Property Maintenance Lt - Accounts to registrar (filleted)

REGISTERED NUMBER: 09362001 (England and Wales)

Financial Statements

for the Year Ended 29 December 2025

for

JFM Plastics and Property

Maintenance Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J F McGrath

J Houghton

REGISTERED OFFICE:

4 Nook Lane

Golborne

Warrington

Cheshire

WA3 3JG

REGISTERED NUMBER:

09362001 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Property, plant and equipment

4

5,157

6,877

CURRENT ASSETS

Inventories

11,000

8,000

Cash at bank and in hand

664

2,758

11,664

10,758

CREDITORS

Amounts falling due within one year

5

50,733

38,282

NET CURRENT LIABILITIES

(39,069

)

(27,524

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(33,912

)

(20,647

)

CREDITORS

Amounts falling due after more than one
year

6

-

3,113

NET LIABILITIES

(33,912

)

(23,760

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(33,914

)

(23,762

)

SHAREHOLDERS' FUNDS

(33,912

)

(23,760

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 8 September 2026 and were signed on its behalf by:

J F McGrath - Director

1.	STATUTORY INFORMATION

JFM Plastics and Property Maintenance Ltd 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.

The company relies on the support of its directors and shareholders and other lenders. There is nothing to suggest that this support will be withdrawn in the period of one year following the date of the signing of the balance sheet. On this basis, the financial statements have been prepared on the going concern basis.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

vehicles

£

COST

At 30 December 2024

and 29 December 2025

23,260

DEPRECIATION

At 30 December 2024

16,383

Charge for year

1,720

At 29 December 2025

18,103

NET BOOK VALUE

At 29 December 2025

5,157

At 29 December 2024

6,877

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 30 December 2024

21,260

Transfer to ownership

(21,260

)

At 29 December 2025

-

DEPRECIATION

At 30 December 2024

14,533

Transfer to ownership

(14,533

)

At 29 December 2025

-

NET BOOK VALUE

At 29 December 2025

-

At 29 December 2024

6,727

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.12.25

29.12.24

£

Bank loans and overdrafts

3,101

3,888

Social security and other taxes

3,507

2,709

Other creditors

8,716

6,716

Directors' current accounts

34,689

24,249

Accrued expenses

720

50,733

38,282

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

29.12.25

29.12.24

£

Bank loans - 1-2 years

-

2,883

Bank loans - 2-5 years

-

230

-

3,113