Company Registration No. 09185106 (England and Wales)
JKL Industrial Engineering Ltd
Unaudited accounts
for the year ended 31 December 2020
JKL Industrial Engineering Ltd
Unaudited accounts
Contents
JKL Industrial Engineering Ltd
Company Information
for the year ended 31 December 2020
Company Number
09185106 (England and Wales)
Registered Office
Unit 2 Canalside Close
Goscote
Walsall
West Midlands
WS3 1NZ
Accountants
MBH Accounts Services Ltd
30 Lodge Road
Brereton
Rugeley
Staffordshire
WS15 1HG
JKL Industrial Engineering Ltd
Statement of financial position
as at 31 December 2020
Tangible assets
15,403
13,774
Cash at bank and in hand
34,584
5,150
Creditors: amounts falling due within one year
(78,849)
71,977
Net current (liabilities)/assets
(5,378)
180,509
Total assets less current liabilities
10,025
194,283
Creditors: amounts falling due after more than one year
(13,306)
(210,854)
Net liabilities
(3,281)
(16,571)
Called up share capital
100
100
Profit and loss account
(3,381)
(16,671)
Shareholders' funds
(3,281)
(16,571)
For the year ending 31 December 2020 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 30 September 2021 and were signed on its behalf by
Chad Woolley
Director
Company Registration No. 09185106
JKL Industrial Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2020
JKL Industrial Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 09185106. The registered office is Unit 2 Canalside Close, Goscote, Walsall, West Midlands, WS3 1NZ.
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.
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:
Plant & machinery
25% Redusing Balance
Motor vehicles
25% Redusing Balance
Fixtures & fittings
25% Redusing Balance
Computer equipment
25% Redusing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2020
30,898
8,417
105
1,572
40,992
Additions
1,629
-
-
-
1,629
At 31 December 2020
32,527
8,417
105
1,572
42,621
At 1 January 2020
19,005
7,086
57
1,070
27,218
At 31 December 2020
19,005
7,086
57
1,070
27,218
At 31 December 2020
13,522
1,331
48
502
15,403
At 31 December 2019
11,893
1,331
48
502
13,774
JKL Industrial Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
(58,348)
36,445
Debtors: amounts falling due after more than one year
Other debtors
97,235
54,737
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
-
3,255
Trade creditors
54,067
41,710
Taxes and social security
24,782
6,290
Loans from directors
-
(128,537)
7
Creditors: amounts falling due after more than one year
2020
2019
Taxes and social security
-
101,698
8
Average number of employees
During the year the average number of employees was 8 (2019: 8).