JOA BULK LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 16123367

		31 December 2025
	Notes	£	£
FIXED ASSETS
Intangible Assets	4		305,303
Tangible Assets	5		1,026,982

			1,332,285
CURRENT ASSETS
Debtors	6	468,644
Cash at bank and in hand		13,481

		482,125
Creditors: Amounts Falling Due Within One Year	7	(969,644 )

NET CURRENT ASSETS (LIABILITIES)			(487,519 )

TOTAL ASSETS LESS CURRENT LIABILITIES			844,766

Creditors: Amounts Falling Due After More Than One Year	8		(995,731 )

NET LIABILITIES			(150,965 )

CAPITAL AND RESERVES
Called up share capital	10		80
Profit and Loss Account			(151,045 )

SHAREHOLDERS' FUNDS			(150,965)

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JOA BULK LIMITED

Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Scott Woolston

Director

27/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

JOA BULK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 16123367 . The registered office is Readymix Group - Tees View Sabatier Close, Stockton, Stockton On Tees, Uk, TS17 6EW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

15% SL

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 13

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JOA BULK LIMITED

Notes to the Financial Statements (continued)

For the Period 9 December 2024 to 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 9 December 2024	-
Additions	330,057

As at 31 December 2025	330,057

Amortisation
As at 9 December 2024	-
Provided during the period	24,754

As at 31 December 2025	24,754

Net Book Value
As at 31 December 2025	305,303

As at 9 December 2024	-

5. Tangible Assets

	Motor Vehicles
	£
Cost
As at 9 December 2024	-
Additions	1,263,730
Disposals	(124,094 )

As at 31 December 2025	1,139,636

Depreciation
As at 9 December 2024	-
Provided during the period	118,093
Disposals	(5,439 )

As at 31 December 2025	112,654

Net Book Value
As at 31 December 2025	1,026,982

As at 9 December 2024	-

6. Debtors

	31 December 2025
	£
Due within one year
Trade debtors	356,035
Other debtors	99,450

	455,485
Due after more than one year
Other debtors	13,159

	468,644

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JOA BULK LIMITED

Notes to the Financial Statements (continued)

For the Period 9 December 2024 to 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	31 December 2025
	£
Net obligations under finance lease and hire purchase contracts	210,972
Trade creditors	422,202
Bank loans and overdrafts	267,199
Other creditors	32,816
Taxation and social security	36,455

	969,644

8. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025
	£
Net obligations under finance lease and hire purchase contracts	829,244
Other creditors	166,487

	995,731

9. Obligations Under Finance Leases and Hire Purchase

	31 December 2025
	£
The future minimum finance lease payments are as follows:
Not later than one year	210,972
Later than one year and not later than five years	829,244

	1,040,216

	1,040,216

10. Share Capital

	31 December 2025
	£
Allotted, Called up and fully paid	80

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