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Registered number: 02051456
Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Financial statements
Information for filing with the registrar
For the Year Ended 28 February 2026
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Registered number: 02051456
Balance Sheet
As at 28 February 2026
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Fixed assets held for sale
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2026.
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I G Hazeldine
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The notes on pages 4 to 11 form part of these financial statements.
Page 1
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Registered number: 02051456
Balance Sheet (continued)
As at 28 February 2026
Page 2
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Statement of Changes in Equity
For the Year Ended 28 February 2026
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Comprehensive income for the year
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Comprehensive income for the year
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The notes on pages 4 to 11 form part of these financial statements.
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Page 3
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
Jaguar Enthusiasts' Club Limited is a company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. The company is incorporated in England and Wales, registered number: 02051456.
The address of the registered office is:
Abbeywood Office Park
Emma Chris Way
Filton
South Gloucestershire
BS34 7JU
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise
specified within these accounting policies and in accordance with Section 1A of Financial Reporting
Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and
the Companies Act 2006.
The following principal accounting policies have been applied:
The directors have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. The Directors therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.
Turnover represents the value, net of value added tax and discounts, of goods and services provided to customers. Subscription income, advertising and commissions income are accounted for on an accruals basis. Event and race day income is deferred until the event or race day respectively takes place.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
The estimated useful lives range as follows:
Page 4
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided following basis:
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Fixtures, fittings and equipment
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The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Heritage assets comprising the memorabilia collection are recognised using valuation as deemed cost on transition to FRS102, in line with the transition rules. The residual value of these assets is equal to their current valuation and as such no depreciation charged.
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Current Assets Held for Sale
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Assets are classified as held for sale when management is committed to a plan to sell the asset, the asset is available for immediate sale in its present condition, and the sale is considered highly probable within twelve months. Held-for-sale assets are measured at the lower of carrying value and fair value less costs to sell
Stocks consist of membership cards and stationery related items, these are valued at cost in the year.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Page 5
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
2.Accounting policies (continued)
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Financial instruments (continued)
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Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
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Operating leases: the Company as lessee
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Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
Interest income is recognised in profit or loss using the effective interest method.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
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The average monthly number of employees, including directors, during the year was 5 (2025 - 5).
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Page 6
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
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Charge for the year on owned assets
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Page 7
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
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Fixtures, fittings and equipment
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Reclassified to held for sale
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Reclassified to held for sale
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Page 8
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
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Prepayments and accrued income
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Other taxation and social security
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Accruals and deferred income
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Creditors: Amounts falling due after more than one year
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Page 9
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
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Analysis of the maturity of loans is given below:
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Amounts falling due within one year
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Amounts falling due 1-2 years
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The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
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Related party transactions
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Summary of transactions with key management:
M W Young
(Director)
M W Young received £Nil (2025 - £3,200) for providing accountancy services to the company during the year. At the balance sheet date the amount due to M W Young was £NIL (2025 - £NIL).
K L Jenkins
(Director)
K L Jenkins received £18,564 (2025 - £18,564) for providing technical services to the company during the year. At the balance sheet date the amount due to K L Jenkins was £NIL (2025 - £NIL).
I G Hazeldine
(Director)
I G Hazeldine received £6,400 (2025 - £3,733) for providing accountancy services to the company during the year. At the balance sheet date the amount due to I G Hazeldine was £NIL (2025 - £NIL).
I Newman
(Director)
I Newman received £1,000 (2025 - £1,000) for providing services for board minutes preparation to the company during the year. At the balance sheet date the amount due to I Newman was £NIL (2025 - £NIL).
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Page 10
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Jaguar Enthusiasts' Club Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 28 February 2026
The auditors' report on the financial statements for the year ended 28 February 2026 was unqualified.
The audit report was signed on 24 July 2026 by Lucy Hammond BSC FCA (Senior Statutory Auditor) on behalf of Kreston Reeves Audit LLP.
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