IJPM Logistics Ltd - Filleted accounts

Registered number

SC796666

IJPM Logistics Ltd

Filleted Accounts

30 June 2026

IJPM Logistics Ltd
Registered number:		SC796666
Balance Sheet
as at 30 June 2026

	Notes		2026			2025
£				£
Fixed assets
Tangible assets	3		282,594			146,624

Current assets
Debtors	4	97,753			13,624
Cash at bank and in hand		42,965			206,959
		140,718			220,583

Creditors: amounts falling due within one year	5	(79,952)			(274,271)

Net current assets/(liabilities)			60,766			(53,688)

Net assets			343,360			92,936

Capital and reserves
Called up share capital			100			100
Profit and loss account			343,260			92,836

Shareholders' funds			343,360			92,936

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Eileen Morton
Director
Approved by the board on 16 September 2026

IJPM Logistics Ltd
Notes to the Accounts
for the period from 1 February 2025 to 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	over 10 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			4		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	-		149,898		149,898
	Additions	15,300		152,984		168,284
	At 30 June 2026	15,300		302,882		318,182

	Depreciation
	At 1 February 2025	-		3,274		3,274
	Charge for the period	2,025		30,289		32,314
	At 30 June 2026	2,025		33,563		35,588

	Net book value
	At 30 June 2026	13,275		269,319		282,594
	At 31 January 2025	-		146,624		146,624


4	Debtors			2026		2025
£					£

	Trade debtors			77,918		-
	Other debtors			19,835		13,624
				97,753		13,624


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Taxation and social security costs			27,079		3,272
	Other creditors			52,873		270,999
				79,952		274,271


6	Other information

	IJPM Logistics Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	48 West George Street
	Glasgow
	G2 1BP