REGISTERED NUMBER: 07869013 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JB AUTO SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Belson

Mr W Belson

REGISTERED OFFICE:

Unit 3 The Haulage Yard

Wyck Beacon

Upper Rissington

CHELTENHAM

GL54 2NE

REGISTERED NUMBER:

07869013 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

23,524

45,292

CURRENT ASSETS

Stocks

3,000

3,600

Debtors

5

5,614

12,022

Cash at bank and in hand

6,304

10,511

14,918

26,133

CREDITORS

Amounts falling due within one year

6

118,873

122,275

NET CURRENT LIABILITIES

(103,955

)

(96,142

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(80,431

)

(50,850

)

CREDITORS

Amounts falling due after more than one year

7

3,529

19,701

NET LIABILITIES

(83,960

)

(70,551

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(84,060

)

(70,651

)

SHAREHOLDERS' FUNDS

(83,960

)

(70,551

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 12 September 2026 and were signed on its behalf by:

Mr J Belson - Director

1.	STATUTORY INFORMATION

JB Auto Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These financial statements have been prepared on a going concern basis. The directors will not withdraw monies owed to them on their directors' loan accounts in preference to other creditors.

Turnover

Turnover 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.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% 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.

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 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.

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

120,987

3,509

62,495

186,991

Additions

2,995

-

5,500

8,495

Disposals

-

-

(27,995

)

(27,995

)

At 31 December 2025

123,982

3,509

40,000

167,491

DEPRECIATION

At 1 January 2025

110,605

2,843

28,251

141,699

Charge for year

4,414

166

6,926

11,506

Eliminated on disposal

-

-

(9,238

)

(9,238

)

At 31 December 2025

115,019

3,009

25,939

143,967

NET BOOK VALUE

At 31 December 2025

8,963

500

14,061

23,524

At 31 December 2024

10,382

666

34,244

45,292

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

Motor

vehicles

£

COST

At 1 January 2025

62,495

Disposals

(27,995

)

At 31 December 2025

34,500

DEPRECIATION

At 1 January 2025

28,251

Charge for year

5,111

Eliminated on disposal

(9,238

)

At 31 December 2025

24,124

NET BOOK VALUE

At 31 December 2025

10,376

At 31 December 2024

34,244

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

4,397

9,847

Tax

475

1,450

Prepayments

742

725

5,614

12,022

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

4,830

Hire purchase contracts

3,850

8,624

Trade creditors

17,906

15,008

Tax

22

-

Social security and other taxes

7,368

3,589

VAT

6,387

6,207

Other creditors

885

5,661

Directors' current accounts

79,645

75,101

Accrued expenses

2,810

3,255

118,873

122,275

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

3,529

19,701