1 March 2025 false No description of principal activity Taxfiler 2024.6 SC589529business:PrivateLimitedCompanyLtd2025-03-012026-02-28 SC5895292025-02-28 SC5895292025-03-012026-02-28 SC589529business:AuditExempt-NoAccountantsReport2025-03-012026-02-28 SC589529business:FilletedAccounts2025-03-012026-02-28 SC5895292026-02-28 SC589529business:Director12025-03-012026-02-28 SC589529business:RegisteredOffice2025-03-012026-02-28 SC5895292025-02-28 SC589529core:WithinOneYear2026-02-28 SC589529core:WithinOneYear2025-02-28 SC589529core:AfterOneYear2026-02-28 SC589529core:AfterOneYear2025-02-28 SC589529core:ShareCapitalcore:PreviouslyStatedAmount2026-02-28 SC589529core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 SC589529core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-02-28 SC589529core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 SC589529core:PreviouslyStatedAmount2026-02-28 SC589529core:PreviouslyStatedAmount2025-02-28 SC589529business:SmallEntities2025-03-012026-02-28 SC589529countries:Scotland2025-03-012026-02-28 SC589529core:MotorVehicles2025-02-28 SC589529core:FurnitureFittings2025-02-28 SC589529core:MotorVehicles2026-02-28 SC589529core:FurnitureFittings2026-02-28 SC589529core:MotorVehicles2025-03-012026-02-28 SC589529core:FurnitureFittings2025-03-012026-02-28 SC5895292024-03-012025-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC589529 (Scotland)
J M K (ONE) Limited Unaudited accounts for the year ended 28 February 2026
J M K (ONE) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
J M K (ONE) Limited Company Information for the year ended 28 February 2026
Director
J Kirkland
Company Number
SC589529 (Scotland)
Registered Office
249 Govan Road Glasgow G51 1HJ
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J M K (ONE) Limited Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,491 
4,363 
Current assets
Inventories
- 
670,371 
Debtors
5
(75,420)
154,396 
Cash at bank and in hand
775 
7,246 
(74,645)
832,013 
Creditors: amounts falling due within one year
6
(4,500)
(348,335)
Net current (liabilities)/assets
(79,145)
483,678 
Total assets less current liabilities
(75,654)
488,041 
Creditors: amounts falling due after more than one year
7
(7,163)
(510,179)
Net liabilities
(82,817)
(22,138)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(82,917)
(22,238)
Shareholders' funds
(82,817)
(22,138)
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 October 2026 and were signed on its behalf by
J Kirkland Director Company Registration No. SC589529
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J M K (ONE) Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
J M K (ONE) Limited is a private company, limited by shares, registered in Scotland, registration number SC589529. The registered office is 249 Govan Road, Glasgow, G51 1HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2025
20,000 
11,105 
31,105 
At 28 February 2026
20,000 
11,105 
31,105 
Depreciation
At 1 March 2025
20,000 
6,742 
26,742 
Charge for the year
- 
872 
872 
At 28 February 2026
20,000 
7,614 
27,614 
Net book value
At 28 February 2026
- 
3,491 
3,491 
At 28 February 2025
- 
4,363 
4,363 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
16,019 
- 
Other debtors
(91,439)
154,396 
(75,420)
154,396 
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J M K (ONE) Limited Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
- 
5,363 
Loans from directors
- 
338,472 
Accruals
4,500 
4,500 
4,500 
348,335 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
7,163 
510,179 
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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