JAPANESE MOTOR SPARES LTD

Company Registration Number:
10296285 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

JAPANESE MOTOR SPARES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

JAPANESE MOTOR SPARES LTD

Company Information

for the Period Ended 31 July 2023




Director: shagir Mushtaq
Registered office: Unit7b
Salamons Way
Rainham
England
RM13 9UL
Company Registration Number: 10296285 (England and Wales)

JAPANESE MOTOR SPARES LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 9,323 14,004
Total fixed assets: 9,323 14,004
Current assets
Stocks: 54,676 64,676
Cash at bank and in hand: 21,664 16,530
Total current assets: 76,340 81,206
Creditors: amounts falling due within one year: 5 ( 78,138 ) ( 92,145 )
Net current assets (liabilities): ( 1,798 ) ( 10,939 )
Total assets less current liabilities: 7,525 3,065
Total net assets (liabilities): 7,525 3,065

The notes form part of these financial statements

JAPANESE MOTOR SPARES LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,425 2,965
Shareholders funds: 7,525 3,065

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: shagir Mushtaq
Status: Director

The notes form part of these financial statements

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 5

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 August 2022 17,800 9,202 23,200 50,202
Additions - - - -
Disposals - - ( 9,200 ) ( 9,200 )
Revaluations - - - -
Transfers - - - -
At 31 July 2023 17,800 9,202 14,000 41,002
Depreciation
At 01 August 2022 12,898 6,683 16,617 36,198
Charge for year 544 980 1,317 2,841
On disposals - - ( 7,360 ) ( 7,360 )
Other adjustments - - - -
At 31 July 2023 13,442 7,663 10,574 31,679
Net book value
At 31 July 2023 4,358 1,539 3,426 9,323
At 31 July 2022 4,902 2,519 6,583 14,004

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 23,461 23,461
Taxation and social security 19,152 16,159
Other creditors 35,525 52,525
Total 78,138 92,145