Company Registration No. 08036937 (England and Wales)
JAM VEHICLES LIMITED
Unaudited accounts
for the year ended 31 December 2023
JAM VEHICLES LIMITED
Unaudited accounts
Contents
JAM VEHICLES LIMITED
Company Information
for the year ended 31 December 2023
Directors
Marcin PIATKOWSKI
Martin Michael SPANSKI
Krzysztof ROMANIAK
Krzysztof Artur ZAK
Company Number
08036937 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
Accountants
Salvares JBS UK Ltd
Niddry Lodge
51 Holland Street
London
London
W8 7JB
JAM VEHICLES LIMITED
Statement of financial position
as at 31 December 2023
Intangible assets
689,231
816,492
Investments
455,073
455,003
Inventories
423,732
423,732
Debtors
1,476,216
1,433,160
Cash at bank and in hand
9,947
34,298
Creditors: amounts falling due within one year
(3,972,097)
(3,719,823)
Net current liabilities
(2,062,202)
(1,828,633)
Net liabilities
(917,898)
(557,138)
Called up share capital
31
31
Share premium
2,165,831
2,165,831
Profit and loss account
(3,083,760)
(2,723,000)
Shareholders' funds
(917,898)
(557,138)
For the year ending 31 December 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by
Marcin PIATKOWSKI
Director
Company Registration No. 08036937
JAM VEHICLES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
JAM VEHICLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08036937. The registered office is 124 City Road, London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 January 2023
1,272,621
At 31 December 2023
1,272,621
Charge for the year
127,261
At 31 December 2023
583,390
At 31 December 2023
689,231
At 31 December 2022
816,492
JAM VEHICLES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
At 31 December 2023
94,349
At 31 December 2023
94,349
6
Investments
Subsidiary undertakings
Valuation at 1 January 2023
455,003
Valuation at 31 December 2023
455,073
Amounts falling due within one year
Trade debtors
13,264
8,035
Amounts due from group undertakings etc.
1,343,801
1,253,965
Accrued income and prepayments
-
53,623
Other debtors
109,758
109,111
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
576,886
428,783
Amounts owed to group undertakings and other participating interests
1,150,821
1,156,889
Other creditors
2,244,390
2,134,151
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).