Independent Parts and Service Holdings - Accounts to registrar (filleted) - small 18.2

Independent Parts and Service Holdings - Accounts to registrar (filleted) - small 18.2

JUPITER 2019 HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 11152185 (England and Wales)















Unaudited Financial Statements

for the Period 16 January 2018 to 31 December 2018

for

Independent Parts and Service Holdings
Limited
Independent Parts and Service Holdings
Limited (Registered number: 11152185)

Contents of the Financial Statements
for the Period 16 January 2018 to 31 December 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Independent Parts and Service Holdings
Limited

Company Information
for the Period 16 January 2018 to 31 December 2018







DIRECTORS: C W Banks
S R Couling
J I Daintith
A D Jennings
L M Louder
S Paver
K B J Shadbolt





SECRETARY: K Golestani





REGISTERED OFFICE: Shropshire House
Hortonwood 1
TELFORD
Shropshire
TF1 7GN





REGISTERED NUMBER: 11152185 (England and Wales)





ACCOUNTANTS: Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY
Page 1
Independent Parts and Service Holdings
Limited (Registered number: 11152185)

Balance Sheet
31 December 2018

Notes £    £   
FIXED ASSETS
Investments 3 4,500,750

CURRENT ASSETS
Debtors 4 1,000
Cash at bank 3,989
4,989
CREDITORS
Amounts falling due within one year 5 816,312
NET CURRENT LIABILITIES (811,323 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,689,427

CAPITAL AND RESERVES
Called up share capital 1,000
Share premium 1,105,467
Retained earnings 2,582,960
SHAREHOLDERS' FUNDS 6 3,689,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 September 2019 and were signed on its behalf
by:





A D Jennings - Director


The notes form part of these financial statements

Page 2
Independent Parts and Service Holdings
Limited (Registered number: 11152185)

Notes to the Financial Statements
for the Period 16 January 2018 to 31 December 2018


1. STATUTORY INFORMATION

Independent Parts and Service Holdings Limited is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Independent Parts and Service Holdings Limited as an
individual company and do not contain consolidated financial information as the parent of a group. The company
is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated
financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax
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 have been enacted or substantively enacted by the period end 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 probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Other income
Other income consists of dividends received from subsidiary undertakings.

Page 3 continued...
Independent Parts and Service Holdings
Limited (Registered number: 11152185)

Notes to the Financial Statements - continued
for the Period 16 January 2018 to 31 December 2018


3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 4,500,750
At 31 December 2018 4,500,750
NET BOOK VALUE
At 31 December 2018 4,500,750

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 816,312

6. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
£   
Profit for the financial period 320,777
Dividends (99,997 )
220,780
Other comprehensive income relating to the period (net) 2,362,180
New share capital subscribed 1,000
Share premium 1,105,467
Net addition to shareholders' funds 3,689,427
Opening shareholders' funds -
Closing shareholders' funds 3,689,427

Equity interests 3,689,427

Page 4