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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
Page
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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
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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
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JLV Mortgage Specialists Ltd Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
1,763 
6,112 
Cash at bank and in hand
5,438 
1,187 
7,201 
7,299 
Creditors: amounts falling due within one year
(7,101)
(7,199)
Net current assets
100 
100 
Net assets
100 
100 
Capital and reserves
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
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JLV Mortgage Specialists Ltd Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
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.
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.
Turnover
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 
£ 
Cost or valuation
At cost 
At 1 February 2021
2,129 
Disposals
(2,129)
At 31 January 2022
- 
Depreciation
At 1 February 2021
2,129 
On disposals
(2,129)
At 31 January 2022
- 
Net book value
At 31 January 2022
- 
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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 
£ 
£ 
Other debtors
1,763 
6,112 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
- 
1,595 
Taxes and social security
6,101 
4,644 
Accruals
1,000 
960 
7,101 
7,199 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
C J Bradshaw
General loan outstanding
882 
- 
- 
882 
V M Campbell
General loan outstanding
881 
- 
- 
881 
1,763 
- 
- 
1,763 
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).
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