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Company registration number:
04327062
JPR Motorsport Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2025
JPR Motorsport Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of JPR Motorsport Limited
Year ended
31 December 2025
As described on the statement of financial position, the Board of Directors of
JPR Motorsport Limited
are responsible for the preparation of the
financial statements
for the year ended
31 December 2025
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Sutton & Co Accountants Ltd
25 Park Street
Macclesfield
Cheshire
SK11 6SS
United Kingdom
Date:
12 May 2026
JPR Motorsport Limited
Statement of Financial Position
31 December 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 663,131 |  | 582,898 |
Current assets |  |  |  |  |
Stocks |  | 387,163 |  | 337,274 |
Debtors | 6 | 60,777 |  | 54,787 |
Cash at bank and in hand |  | 1,652,637 |  | 1,230,607 |
|  | 2,100,577 |  | 1,622,668 |
Creditors: amounts falling due within one year | 7 | (252,014 | ) | (129,183 | )
Net current assets |  | 1,848,563 |  | 1,493,485 |
Total assets less current liabilities |  | 2,511,694 |  | 2,076,383 |
Provisions for liabilities |  | (162,396 | ) | (143,359 | )
Net assets |  | 2,349,298 |  | 1,933,024 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 2,349,198 |  | 1,932,924 |
Shareholders funds |  | 2,349,298 |  | 1,933,024 |

For the year ending
31 December 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
6 May 2026
, and are signed on behalf of the board by:

Paul Anthony Rose
Director

Company registration number:
04327062
JPR Motorsport Limited
Notes to the Financial Statements
Year ended
31 December 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Blackwood Farm Leek Old Road
,
Rudyard
,
Leek
,
Staffordshire
,
ST13 8FF
, England.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods and services is recognised when they are suppled and invoiced.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when It is technically feasible to complete the intangible asset so that it will be available for use or sale; there is the intention to complete the intangible asset and use or sell it; there is the ability to use or sell the intangible asset; the use or sale of the intangible asset will generate probable future economic benefits; there are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and the expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at their fair value at the date of revaluation by the sole director.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | Straight line over 10 years
Plant and machinery | 20% reducing balance
Fixtures and fittings | 15% reducing balance
Office equipment | 25% straight line
Motor vehicles | 15% reducing balance

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

## Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis.

## Foreign currencies

Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occurred. All differences are taken to the profit and loss account.

## 4 Average number of employees

The average number of persons employed by the company during the year was
9
(2024:
9.00
).

## 5 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 January 2025 | 187,948 |  | 1,004,756 |  | 1,192,704 |
Additions | 5,815 |  | 296,995 |  | 302,810 |
Disposals | - |  | (313,350 | ) | (313,350 | )
At 31 December 2025 | 193,763 |  | 988,401 |  | 1,182,164 |
Depreciation |  |  |  |  |  |
At 1 January 2025 | 178,486 |  | 431,320 |  | 609,806 |
Charge | 1,731 |  | 37,205 |  | 38,936 |
Disposals | - |  | (94,709 | ) | (94,709 | )
Reversal of past impairment losses | - |  | (35,000 | ) | (35,000 | )
At 31 December 2025 | 180,217 |  | 338,816 |  | 519,033 |
Carrying amount |  |  |  |  |  |
At 31 December 2025 | 13,546 |  | 649,585 |  | 663,131 |
At 31 December 2024 | 9,462 |  | 573,436 |  | 582,898 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 22,958 |  | 5,485 |
Other debtors | 37,819 |  | 49,302 |
| 60,777 |  | 54,787 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 32,767 |  | 27,032 |
Taxation and social security | 155,337 |  | 63,420 |
Other creditors | 63,910 |  | 38,731 |
| 252,014 |  | 129,183 |

## 8 Operating leases

The company as lessee |  |  |  |
| 2025 | 2024
--- | --- | ---
| £ | £
Not later than 1 year | 2,009 |  | 4,820.00 |
Later than 1 year and not later than 5 years | - |  | 2,009 |
| 2,009 |  | 6,829 |