2022-06-242023-06-302023-06-30falseSC736462JMS CAR PARTS LTD2023-12-1845320iso4217:GBPxbrli:pureSC7364622022-06-24SC7364622023-06-30SC7364622022-06-242023-06-30SC7364622022-06-23SC7364622022-06-23SC7364622022-06-232022-06-23SC736462bus:SmallEntities2022-06-242023-06-30SC736462bus:AuditExempt-NoAccountantsReport2022-06-242023-06-30SC736462bus:FullAccounts2022-06-242023-06-30SC736462bus:PrivateLimitedCompanyLtd2022-06-242023-06-30SC736462core:WithinOneYear2023-06-30SC736462core:AfterOneYear2023-06-30SC736462core:WithinOneYear2022-06-23SC736462core:AfterOneYear2022-06-23SC736462core:ShareCapital2023-06-30SC736462core:SharePremium2023-06-30SC736462core:RevaluationReserve2023-06-30SC736462core:OtherReservesSubtotal2023-06-30SC736462core:RetainedEarningsAccumulatedLosses2023-06-30SC736462core:ShareCapital2022-06-23SC736462core:SharePremium2022-06-23SC736462core:RevaluationReserve2022-06-23SC736462core:OtherReservesSubtotal2022-06-23SC736462core:RetainedEarningsAccumulatedLosses2022-06-23SC736462core:LandBuildings2023-06-30SC736462core:PlantMachinery2023-06-30SC736462core:Vehicles2023-06-30SC736462core:FurnitureFittings2023-06-30SC736462core:OfficeEquipment2023-06-30SC736462core:NetGoodwill2023-06-30SC736462core:IntangibleAssetsOtherThanGoodwill2023-06-30SC736462core:ListedExchangeTraded2023-06-30SC736462core:UnlistedNon-exchangeTraded2023-06-30SC736462core:LandBuildings2022-06-23SC736462core:PlantMachinery2022-06-23SC736462core:Vehicles2022-06-23SC736462core:FurnitureFittings2022-06-23SC736462core:OfficeEquipment2022-06-23SC736462core:NetGoodwill2022-06-23SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-23SC736462core:ListedExchangeTraded2022-06-23SC736462core:UnlistedNon-exchangeTraded2022-06-23SC736462core:LandBuildings2022-06-242023-06-30SC736462core:PlantMachinery2022-06-242023-06-30SC736462core:Vehicles2022-06-242023-06-30SC736462core:FurnitureFittings2022-06-242023-06-30SC736462core:OfficeEquipment2022-06-242023-06-30SC736462core:NetGoodwill2022-06-242023-06-30SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-242023-06-30SC736462core:ListedExchangeTraded2022-06-242023-06-30SC736462core:UnlistedNon-exchangeTraded2022-06-242023-06-30SC736462core:MoreThanFiveYears2022-06-242023-06-30SC736462core:Non-currentFinancialInstruments2023-06-30SC736462core:Non-currentFinancialInstruments2022-06-23SC736462dpl:CostSales2022-06-242023-06-30SC736462dpl:DistributionCosts2022-06-242023-06-30SC736462core:LandBuildings2022-06-242023-06-30SC736462core:PlantMachinery2022-06-242023-06-30SC736462core:Vehicles2022-06-242023-06-30SC736462core:FurnitureFittings2022-06-242023-06-30SC736462core:OfficeEquipment2022-06-242023-06-30SC736462dpl:AdministrativeExpenses2022-06-242023-06-30SC736462core:NetGoodwill2022-06-242023-06-30SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-242023-06-30SC736462dpl:GroupUndertakings2022-06-242023-06-30SC736462dpl:ParticipatingInterests2022-06-242023-06-30SC736462dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-242023-06-30SC736462core:ListedExchangeTraded2022-06-242023-06-30SC736462dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-242023-06-30SC736462core:UnlistedNon-exchangeTraded2022-06-242023-06-30SC736462dpl:CostSales2022-06-232022-06-23SC736462dpl:DistributionCosts2022-06-232022-06-23SC736462core:LandBuildings2022-06-232022-06-23SC736462core:PlantMachinery2022-06-232022-06-23SC736462core:Vehicles2022-06-232022-06-23SC736462core:FurnitureFittings2022-06-232022-06-23SC736462core:OfficeEquipment2022-06-232022-06-23SC736462dpl:AdministrativeExpenses2022-06-232022-06-23SC736462core:NetGoodwill2022-06-232022-06-23SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-232022-06-23SC736462dpl:GroupUndertakings2022-06-232022-06-23SC736462dpl:ParticipatingInterests2022-06-232022-06-23SC736462dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-232022-06-23SC736462core:ListedExchangeTraded2022-06-232022-06-23SC736462dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-232022-06-23SC736462core:UnlistedNon-exchangeTraded2022-06-232022-06-23SC736462core:NetGoodwill2023-06-30SC736462core:IntangibleAssetsOtherThanGoodwill2023-06-30SC736462core:LandBuildings2023-06-30SC736462core:PlantMachinery2023-06-30SC736462core:Vehicles2023-06-30SC736462core:FurnitureFittings2023-06-30SC736462core:OfficeEquipment2023-06-30SC736462core:AfterOneYear2023-06-30SC736462core:WithinOneYear2023-06-30SC736462core:ListedExchangeTraded2023-06-30SC736462core:UnlistedNon-exchangeTraded2023-06-30SC736462core:ShareCapital2023-06-30SC736462core:SharePremium2023-06-30SC736462core:RevaluationReserve2023-06-30SC736462core:OtherReservesSubtotal2023-06-30SC736462core:RetainedEarningsAccumulatedLosses2023-06-30SC736462core:NetGoodwill2022-06-23SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-23SC736462core:LandBuildings2022-06-23SC736462core:PlantMachinery2022-06-23SC736462core:Vehicles2022-06-23SC736462core:FurnitureFittings2022-06-23SC736462core:OfficeEquipment2022-06-23SC736462core:AfterOneYear2022-06-23SC736462core:WithinOneYear2022-06-23SC736462core:ListedExchangeTraded2022-06-23SC736462core:UnlistedNon-exchangeTraded2022-06-23SC736462core:ShareCapital2022-06-23SC736462core:SharePremium2022-06-23SC736462core:RevaluationReserve2022-06-23SC736462core:OtherReservesSubtotal2022-06-23SC736462core:RetainedEarningsAccumulatedLosses2022-06-23SC736462core:NetGoodwill2022-06-23SC736462core:IntangibleAssetsOtherThanGoodwill2022-06-23SC736462core:LandBuildings2022-06-23SC736462core:PlantMachinery2022-06-23SC736462core:Vehicles2022-06-23SC736462core:FurnitureFittings2022-06-23SC736462core:OfficeEquipment2022-06-23SC736462core:AfterOneYear2022-06-23SC736462core:WithinOneYear2022-06-23SC736462core:ListedExchangeTraded2022-06-23SC736462core:UnlistedNon-exchangeTraded2022-06-23SC736462core:ShareCapital2022-06-23SC736462core:SharePremium2022-06-23SC736462core:RevaluationReserve2022-06-23SC736462core:OtherReservesSubtotal2022-06-23SC736462core:RetainedEarningsAccumulatedLosses2022-06-23SC736462core:AfterOneYear2022-06-242023-06-30SC736462core:WithinOneYear2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:CostValuation2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-242023-06-30SC736462core:Non-currentFinancialInstrumentscore:CostValuation2023-06-30SC736462core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-30SC736462core:Non-currentFinancialInstrumentscore:CostValuation2022-06-23SC736462core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-23SC736462core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-23SC736462bus:Director12022-06-242023-06-30SC736462bus:Director22022-06-242023-06-30

JMS CAR PARTS LTD

Registered Number
SC736462
(Scotland)

Unaudited Financial Statements for the Period ended
30 June 2023

JMS CAR PARTS LTD
Company Information
for the period from 24 June 2022 to 30 June 2023

Directors

Mindaugas Stanslovas
Justina Stansloviene

Registered Address

16 Denend Crescent
Kirkcaldy
KY2 5JP

Registered Number

SC736462 (Scotland)
JMS CAR PARTS LTD
Balance Sheet as at
30 June 2023

Notes

2023

£

£

Fixed assets
Tangible assets512,849
12,849
Current assets
Debtors613,854
Cash at bank and on hand111,623
125,477
Creditors amounts falling due within one year7(128,002)
Net current assets (liabilities)(2,525)
Total assets less current liabilities10,324
Provisions for liabilities(2,441)
Net assets7,883
Capital and reserves
Called up share capital20
Profit and loss account7,863
Shareholders' funds7,883
The financial statements were approved and authorised for issue by the Board of Directors on 18 December 2023, and are signed on its behalf by:
Justina Stansloviene
Director
Mindaugas Stanslovas
Director

Registered Company No. SC736462
JMS CAR PARTS LTD
Notes to the Financial Statements
for the period ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
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.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Vehicles25-
Office Equipment-3
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Going concern
The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who have confirmed they will not withdraw their directors loan account to the detriment of other creditors.
4.Employee information

2023
Average number of employees during the year2
5.Property, plant and equipment

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
Additions8,0824,7152,00714,804
At 30 June 238,0824,7152,00714,804
Depreciation and impairment
Charge for year5891,1791871,955
At 30 June 235891,1791871,955
Net book value
At 30 June 237,4933,5361,82012,849
At 23 June 22----
6.Debtors

2023

£
Other debtors13,461
Prepayments and accrued income393
Total13,854
7.Creditors within one year

2023

£
Trade creditors / trade payables850
Taxation and social security19,023
Other creditors106,891
Accrued liabilities and deferred income1,238
Total128,002