Company registration number: NI682553
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
JPM Motors Ltd
Pages for filing with the Registrar
Company registration number: NI682553
JPM Motors Ltd
Balance sheet
as at 30 September 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 14,860 14,560
14,860 14,560
Current assets
Stocks 174,618 95,604
Cash at bank and in hand 39,321 21,370
213,939 116,974
Creditors: amounts falling due within one year
5 (118,282) (100,282)
Net current assets 95,657 16,692
Total assets less current liabilities 110,517 31,252
Provisions for liabilities (2,823) -
NET ASSETS 107,694 31,252
Capital and reserves
Called up share capital 1 1
Profit and loss account 107,693 31,251
TOTAL EQUITY 107,694 31,252
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
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: NI682553
JPM Motors Ltd
Balance sheet - continued
as at 30 September 2025
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:
Mr J Mackle, Director
24 June 2026
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JPM Motors Ltd
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
JPM Motors Ltd is a private company registered in Northern Ireland. Its registered number is NI682553. The company is limited by shares. Its registered office is 128 Moy Road, Armagh, County Armagh, BT61 8DR.
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 - 20% reducing balance
Fixtures & Fittings - 15% reducing balance
Computer Equipment - 20% 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.
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JPM Motors Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred 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 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 October 2024 17,426
Additions 3,160
At 30 September 2025 20,586
Depreciation
At 1 October 2024 2,866
Charge for year 2,860
At 30 September 2025 5,726
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JPM Motors Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
4 Tangible fixed assets - continued
Net book value
At 30 September 2025 14,860
At 30 September 2024 14,560
5 Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to directors 71,456 88,023
Other creditors 2,138 1,826
Taxation 32,609 5,411
VAT payable 12,079 5,022
118,282 100,282
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