Company Registration No. 09694040 (England and Wales)
JC Spiers Limited
Unaudited accounts
for the year ended 31 July 2023
JC Spiers Limited
Statement of financial position
as at 31 July 2023
Tangible assets
48,718
54,356
Cash at bank and in hand
6,046
1,653
Creditors: amounts falling due within one year
(37,518)
(32,774)
Net current liabilities
(10,915)
(4,540)
Total assets less current liabilities
37,803
49,816
Creditors: amounts falling due after more than one year
(19,239)
(31,118)
Called up share capital
500
500
Profit and loss account
18,064
18,198
Shareholders' funds
18,564
18,698
For the year ending 31 July 2023 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 4 September 2023 and were signed on its behalf by
C Spiers
Director
Company Registration No. 09694040
JC Spiers Limited
Notes to the Accounts
for the year ended 31 July 2023
JC Spiers Limited is a private company, limited by shares, registered in England and Wales, registration number 09694040. The registered office is Heath Place, Ash Grove, Bognor Regis, PO22 9SL.
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:
Land & buildings
Not depreciated
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2022
32,000
839
65,619
1,401
99,859
At 31 July 2023
32,000
839
65,619
1,401
99,859
At 1 August 2022
-
192
43,910
1,401
45,503
Charge for the year
-
210
5,428
-
5,638
At 31 July 2023
-
402
49,338
1,401
51,141
At 31 July 2023
32,000
437
16,281
-
48,718
At 31 July 2022
32,000
647
21,709
-
54,356
JC Spiers Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
4,552
11,760
Other debtors
16,005
14,821
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,000
8,000
Obligations under finance leases and hire purchase contracts
6,628
6,628
Taxes and social security
11,747
11,692
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,572
8,451
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).