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REGISTERED NUMBER: SC666765 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

JKM PLANT LIMITED

JKM PLANT LIMITED (Registered number: SC666765)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JKM PLANT LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mrs K Millward





REGISTERED OFFICE: 30 Challum Drive
Motherwell
ML1 2FD





REGISTERED NUMBER: SC666765 (Scotland)





ACCOUNTANTS: Andersons
53 Wellhall Road
Hamilton
Lanarkshire
ML3 9BY

JKM PLANT LIMITED (Registered number: SC666765)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,530 47,543

CURRENT ASSETS
Cash at bank 897 3,039

CREDITORS
Amounts falling due within one year 5 40,182 38,601
NET CURRENT LIABILITIES (39,285 ) (35,562 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,755

)

11,981

CREDITORS
Amounts falling due after more than one year 6 11,094 27,226
NET LIABILITIES (28,849 ) (15,245 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (28,859 ) (15,255 )
(28,849 ) (15,245 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

JKM PLANT LIMITED (Registered number: SC666765)

Balance Sheet - continued
31 July 2024


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 director and authorised for issue on 17 September 2024 and were signed by:





Mrs K Millward - Director


JKM PLANT LIMITED (Registered number: SC666765)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

JKM PLANT LIMITED is a private company, limited by shares , registered in Scotland. 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.

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JKM PLANT LIMITED (Registered number: SC666765)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 107,468
Additions 1,008
At 31 July 2024 108,476
DEPRECIATION
At 1 August 2023 59,925
Charge for year 27,021
At 31 July 2024 86,946
NET BOOK VALUE
At 31 July 2024 21,530
At 31 July 2023 47,543

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 10,131 10,131
Taxation and social security 1,774 1,062
Other creditors 22,277 21,408
40,182 38,601

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 5,500 11,500
Hire purchase contracts 5,594 15,726
11,094 27,226