REGISTERED NUMBER: 01218887 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

J.R. CLARK (COVENTRY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Clark

J R Clark

J Cole

REGISTERED OFFICE:

4 Crondal Road

Exhall

Coventry

West Midlands

CV7 9NH

REGISTERED NUMBER:

01218887 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants & Tax Advisors

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

351,875

383,377

351,875

383,377

CURRENT ASSETS

Stocks

6

145,450

164,236

Debtors

7

311,148

321,392

Cash at bank and in hand

406,555

291,449

863,153

777,077

CREDITORS

Amounts falling due within one year

8

365,503

320,369

NET CURRENT ASSETS

497,650

456,708

TOTAL ASSETS LESS CURRENT LIABILITIES

849,525

840,085

PROVISIONS FOR LIABILITIES

12,027

16,175

NET ASSETS

837,498

823,910

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Share premium

3,900

3,900

Capital redemption reserve

10,000

10,000

Retained earnings

723,598

710,010

837,498

823,910

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 October 2025 and were signed on its behalf by:

D J Clark - Director

1.	STATUTORY INFORMATION

J.R. Clark (Coventry) Limited 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.

Turnover

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

Goodwill

Goodwill represents the excess of the cost of acquisition of an unincorporated business at the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill has been written off in full in a previous accounting period.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Straight line over 40 years

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

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 17 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

269,700

AMORTISATION

At 1 April 2024

and 31 March 2025

269,700

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

and 31 March 2025

537,985

859,749

21,039

DEPRECIATION

At 1 April 2024

227,430

800,873

18,964

Charge for year

13,449

14,729

522

At 31 March 2025

240,879

815,602

19,486

NET BOOK VALUE

At 31 March 2025

297,106

44,147

1,553

At 31 March 2024

310,555

58,876

2,075

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

20,050

34,994

1,473,817

DEPRECIATION

At 1 April 2024

15,986

27,187

1,090,440

Charge for year

847

1,955

31,502

At 31 March 2025

16,833

29,142

1,121,942

NET BOOK VALUE

At 31 March 2025

3,217

5,852

351,875

At 31 March 2024

4,064

7,807

383,377

6.

STOCKS

2025

2024

£

£

Stocks

126,619

97,619

Work-in-progress

18,831

66,617

145,450

164,236

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

265,058

279,094

Prepayments

46,090

42,298

311,148

321,392

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

91,868

118,751

Corporation tax

30,712

21,840

Social security and other taxes

8,765

11,321

VAT

39,088

37,043

Other creditors

5,197

4,573

Directors' current accounts

176,100

112,189

Accrued expenses

13,773

14,652

365,503

320,369