Company registration number: 10750871
Unaudited financial statements
for the year ended 31 May 2024
for
Jsm Mot Centre Uk Limited
Pages for filing with the Registrar
Company registration number: 10750871
Jsm Mot Centre Uk Limited
Balance sheet
as at 31 May 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 52,136 76,924
52,136 76,924
Current assets
Debtors 55,401 -
Cash at bank and in hand 126,409 152,362
181,810 152,362
Creditors: amounts falling due within one
year
(61,923) (44,338)
Net current assets 119,887 108,024
Total assets less current liabilities 172,023 184,948
NET ASSETS 172,023 184,948
Capital and reserves
Called up share capital 2 2
Profit and loss account 172,021 184,946
TOTAL EQUITY 172,023 184,948
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 May 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10750871
Jsm Mot Centre Uk Limited
Balance sheet - continued
as at 31 May 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
M Riley, Director
31 May 2025
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Jsm Mot Centre Uk Limited
Notes to the financial statements
for the year ended 31 May 2024
1 Company information
Jsm Mot Centre Uk Limited is a private company registered in England and Wales. Its registered number is 10750871. The company is limited by shares. Its registered office is Unit 3 Britannia Mill, Fountain Street North, Bury, BL9 7AN.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 20% reducing balance
Computer equipment - 25% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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Jsm Mot Centre Uk Limited
Notes to the financial statements - continued
for the year ended 31 May 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2023 - 4).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 June 2023 115,828
At 31 May 2024 115,828
Depreciation
At 1 June 2023 38,904
Charge for year 24,788
At 31 May 2024 63,692
Net book value
At 31 May 2024 52,136
At 31 May 2023 76,924
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