Company Registration No. 13684272 (England and Wales)
JMG P&H Ltd
Unaudited accounts
for the period from 18 October 2021 to 31 October 2022
JMG P&H Ltd
Unaudited accounts
Contents
JMG P&H Ltd
Company Information
for the period from 18 October 2021 to 31 October 2022
Company Number
13684272 (England and Wales)
Registered Office
49 Swallow Road
Larkfield
Aylesford
Kent
ME20 6LG
Accountants
CPM Accountants
Suite 135
80 Churchill Square
Kings Hill
Kent
ME19 4YU
JMG P&H Ltd
Statement of financial position
as at 31 October 2022
Cash at bank and in hand
18,718
Creditors: amounts falling due within one year
(71,973)
Total assets less current liabilities
109,523
Creditors: amounts falling due after more than one year
(34,381)
Profit and loss account
75,141
Shareholders' funds
75,142
For the period ending 31 October 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 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 2 October 2023 and were signed on its behalf by
Josh Glancy
Director
Company Registration No. 13684272
JMG P&H Ltd
Notes to the Accounts
for the period from 18 October 2021 to 31 October 2022
JMG P&H Ltd is a private company, limited by shares, registered in England and Wales, registration number 13684272. The registered office is 49 Swallow Road, Larkfield, Aylesford, Kent, ME20 6LG.
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 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:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
2,938
60,502
63,440
At 31 October 2022
2,938
60,502
63,440
Charge for the period
735
15,126
15,861
At 31 October 2022
735
15,126
15,861
At 31 October 2022
2,203
45,376
47,579
JMG P&H Ltd
Notes to the Accounts
for the period from 18 October 2021 to 31 October 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
Obligations under finance leases and hire purchase contracts
6,983
Taxes and social security
24,096
Loans from directors
9,995
7
Creditors: amounts falling due after more than one year
2022
Obligations under finance leases and hire purchase contracts
34,381
8
Average number of employees
During the period the average number of employees was 1.