REGISTERED NUMBER: SC626216 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

JST SPARES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Tumilty

REGISTERED OFFICE:

19 James Street

Righead Industrial Estate

Bellshill

ML4 3LU

REGISTERED NUMBER:

SC626216 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

698

873

CURRENT ASSETS

Stocks

5

80,555

24,393

Debtors

6

358,333

620,524

Cash at bank

366,183

196,628

805,071

841,545

CREDITORS

Amounts falling due within one year

7

195,843

428,141

NET CURRENT ASSETS

609,228

413,404

TOTAL ASSETS LESS CURRENT LIABILITIES

609,926

414,277

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

609,925

414,276

SHAREHOLDERS' FUNDS

609,926

414,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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

The financial statements were approved by the director and authorised for issue on 13 January 2026 and were signed by:

S Tumilty - Director

1.	STATUTORY INFORMATION

JST SPARES LTD is a private company, limited by shares , registered in Scotland. 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.

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.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2024

and 30 April 2025

1,209

DEPRECIATION

At 1 May 2024

336

Charge for year

175

At 30 April 2025

511

NET BOOK VALUE

At 30 April 2025

698

At 30 April 2024

873

5.

STOCKS

30.4.25

30.4.24

£

£

Stocks

80,555

24,393

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

358,333

620,524

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

14,154

134,663

Associated Company - DMJ

Distribution Ltd

-

24,200

Tax

112,318

119,579

Social security and other taxes

771

3,210

VAT

15,790

96,370

Loan

1,600

1,600

Directors' current accounts

9,710

-

Accrued expenses

41,500

48,519

195,843

428,141

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1

Ordinary Share Capital

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 May 2024

414,276

Profit for the year

195,649

At 30 April 2025

609,925