REGISTERED NUMBER: 01707849 (England and Wales)

K J DISCOUNT MOTOR SPARES LTD

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R V Raithatha

R M Raithatha

R Raithatha

S N Popat

SECRETARY:

R M Raithatha

REGISTERED OFFICE:

17 Sudbury Court Road

Harrow

Middlesex

HA1 3SD

REGISTERED NUMBER:

01707849 (England and Wales)

FIXED ASSETS

Investments

4

84,884

84,884

Investment properties

5

3,303,957

3,118,449

3,388,841

3,203,333

CURRENT ASSETS

Debtors

6

461,273

547,864

Cash at bank

55,777

12,632

517,050

560,496

CREDITORS

Amounts falling due within one year

(41,250

)

(40,452

)

NET CURRENT ASSETS

475,800

520,044

TOTAL ASSETS LESS CURRENT LIABILITIES

3,864,641

3,723,377

CREDITORS

Amounts falling due after more than one year

(722,598

)

(546,102

)

PROVISIONS FOR LIABILITIES

(395,000

)

(395,000

)

NET ASSETS

2,747,043

2,782,275

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

1,459,572

1,459,572

Retained earnings

1,287,371

1,322,603

SHAREHOLDERS' FUNDS

2,747,043

2,782,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

R M Raithatha - Director

1.	STATUTORY INFORMATION

K J DISCOUNT MOTOR SPARES LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Income

Income represents rent receivable.

Investment properties

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement and is ultimately shown in the fair value reserve. No depreciation is provided on investment properties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Fixed asset investments are stated at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

84,884

NET BOOK VALUE

At 31 March 2025

84,884

At 31 March 2024

84,884

The company's investments at the Balance Sheet date in the share capital of companies include the following:

K J D M S (Tamworth) Limited

Registered office: United Kingdom

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

641,440

588,691

Profit/(loss) for the year

52,749

(11,148

)

K J D M S (Hemel) Limited

Registered office: United Kingdom

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

929,495

909,028

Profit for the year

20,467

37,822

KJDMS (Harrow) Limited

Registered office: United Kingdom

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

1,683,485

1,808,632

Loss for the year

(125,147

)

(114,736

)

KJDMS (Kingsbury) Limited

Registered office: United Kingdom

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

596,114

563,541

Profit/(loss) for the year

32,573

(90,152

)

5.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 April 2024

3,118,449

Additions

185,508

At 31 March 2025

3,303,957

NET BOOK VALUE

At 31 March 2025

3,303,957

At 31 March 2024

3,118,449

Fair value at 31 March 2025 is represented by:

£

Valuation in 2005

1,168,453

Valuation in 2017

686,119

Cost

1,449,385

3,303,957

The investment properties are stated at fair value at the date of the balance sheet as determined by the directors based on their professional judgement in the industry.

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

437,283

499,283

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,459,572