JMS RENTALS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Company registration number SC674626 (Scotland)
PAGES FOR FILING WITH REGISTRAR
JMS RENTALS LTD
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
236,143
236,143
Current assets
11,775
8,115
Creditors: amounts falling due within one year
(272,898)
(268,336)
Net current liabilities
(261,123)
(260,221)
Total assets less current liabilities
(24,980)
(24,078)
Net liabilities
(24,980)
(24,078)
Capital and reserves
(24,980)
(24,078)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
2
Going concern
The director has indicated his willingness to continue his financial support of the company. For this reason the going concern basis is considered appropriate for the preparation of financial statements to 31 October 2024.
3
Related party transactions
Included within current liabilities is £264,488 (2023 - £259,998) due to John Marshall & Sons Limited, a company related by virtue of common control. This loan bears no interest and has no fixed repayment terms.
Also included within liabilities is £6,660 (2023 - £6,660) due to the director. This loan bears no interest and has no fixed repayment terms.
JMS Rentals Ltd is a private company limited by shares incorporated in Scotland. The registered office is 75 Ardlochan Road, Maidens, Girvan, Ayrshire, KA26 9NS.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
JMS RENTALS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 4 April 2025
Mr Alan Marshall
Director
Company registration number SC674626 (Scotland)