Company Registration No. 11764328 (England and Wales)
JLV Mortgage Specialists Ltd
Unaudited accounts
for the year ended 31 January 2022
JLV Mortgage Specialists Ltd
Unaudited accounts
Contents
JLV Mortgage Specialists Ltd
Company Information
for the year ended 31 January 2022
Directors
C J Bradshaw
V M Campbell
Company Number
11764328 (England and Wales)
Registered Office
432 GLOUCESTER ROAD
HORFIELD
BRISTOL
BS7 8TX
UNITED KINGDOM
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
JLV Mortgage Specialists Ltd
for the year ended 31 January 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JLV Mortgage Specialists Ltd for the year ended 31 January 2022 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
432 Gloucester Rd
Bristol
BS7 8TX
10 August 2022
JLV Mortgage Specialists Ltd
Statement of financial position
as at 31 January 2022
Cash at bank and in hand
5,438
1,187
Creditors: amounts falling due within one year
(7,101)
(7,199)
Net current assets
100
100
Called up share capital
100
100
Shareholders' funds
100
100
For the year ending 31 January 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 10 August 2022 and were signed on its behalf by
C J Bradshaw
Director
Company Registration No. 11764328
JLV Mortgage Specialists Ltd
Notes to the Accounts
for the year ended 31 January 2022
JLV Mortgage Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 11764328. The registered office is 432 GLOUCESTER ROAD, HORFIELD, BRISTOL, BS7 8TX, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
JLV Mortgage Specialists Ltd
Notes to the Accounts
for the year ended 31 January 2022
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
1,595
Taxes and social security
6,101
4,644
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
General loan outstanding
882
-
-
882
General loan outstanding
881
-
-
881
The directors loan are provided by the company free of any commercial interest, and the loans were repaid in full by 31st March 2022.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).