Jimmy Love Motorsport Ltd

Registered number: SC608985

	2024	2023
	£	£

Current assets	9,757	14,088
Creditors: Amounts Falling Due Within One Year	(8,544 )	(9,347 )

NET CURRENT ASSETS	1,213	4,741

TOTAL ASSETS LESS CURRENT LIABILITIES	1,213	4,741

Creditors: Amounts Falling Due After More Than One Year	-	(2,976 )
Accruals and deferred income	(900 )	(900 )

NET ASSETS	313	865

CAPITAL AND RESERVES	313	865

Notes

1. General Information

Jimmy Love Motorsport Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC608985 . The registered office is 42 Birdsfield Street, Hamilton, South Lanarkshire, ML3 0RD.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 October 2023	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2024
	£	£	£	£	£
Mr Mark Cuthbert	14,074	31,355	(35,728 )	-	9,701

The above loan is unsecured, interest free and repayable on demand.

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Mark Cuthbert

Director

30 June 2025