JAPANESE MOTOR SPARES LTD

Company Registration Number:
10296285 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

JAPANESE MOTOR SPARES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

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 2024




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 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 7,459 9,323
Total fixed assets: 7,459 9,323
Current assets
Stocks: 52,000 54,676
Cash at bank and in hand: 5,324 21,664
Total current assets: 57,324 76,340
Creditors: amounts falling due within one year: 5 ( 53,657 ) ( 78,138 )
Net current assets (liabilities): 3,667 ( 1,798 )
Total assets less current liabilities: 11,126 7,525
Total net assets (liabilities): 11,126 7,525

The notes form part of these financial statements

JAPANESE MOTOR SPARES LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 11,026 7,425
Shareholders funds: 11,126 7,525

For the year ending 31 July 2024 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 6 November 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 2024

  • 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 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 6 6

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 August 2023 17,800 9,202 14,000 41,002
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2024 17,800 9,202 14,000 41,002
Depreciation
At 01 August 2023 13,878 7,227 10,574 31,679
Charge for year 784 395 685 1,864
On disposals - - - -
Other adjustments - - - -
At 31 July 2024 14,662 7,622 11,259 33,543
Net book value
At 31 July 2024 3,138 1,580 2,741 7,459
At 31 July 2023 3,922 1,975 3,426 9,323

JAPANESE MOTOR SPARES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 16,407 23,461
Taxation and social security 23,306 19,152
Other creditors 13,944 35,525
Total 53,657 78,138