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REGISTERED NUMBER: 12539750 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Engel Jacobs Limited

Engel Jacobs Limited (Registered number: 12539750)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Engel Jacobs Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr R Engel
Mr J Benouaich
Mr G Silver





REGISTERED OFFICE: Warwick House
2 Oaks Court
Borehamwood
Hertfordshire
WD6 1GS





REGISTERED NUMBER: 12539750 (England and Wales)






Engel Jacobs Limited (Registered number: 12539750)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,146 17,257

CURRENT ASSETS
Debtors 5 74,216 74,738
Cash at bank 106,903 76,770
181,119 151,508
CREDITORS
Amounts falling due within one year 6 114,479 165,337
NET CURRENT ASSETS/(LIABILITIES) 66,640 (13,829 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,786

3,428

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 82,686 3,328
82,786 3,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2023 and were signed on its behalf by:





Mr J Benouaich - Director


Engel Jacobs Limited (Registered number: 12539750)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Engel Jacobs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

Engel Jacobs Limited (Registered number: 12539750)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Office and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 12,452 4,918 6,168 23,538
Additions - 790 3,359 4,149
At 31 March 2023 12,452 5,708 9,527 27,687
DEPRECIATION
At 1 April 2022 4,981 561 739 6,281
Charge for year 2,490 1,084 1,686 5,260
At 31 March 2023 7,471 1,645 2,425 11,541
NET BOOK VALUE
At 31 March 2023 4,981 4,063 7,102 16,146
At 31 March 2022 7,471 4,357 5,429 17,257

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 61,422 35,178
Other debtors 892 27,892
Prepayments 11,902 11,668
74,216 74,738

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 13,087 6,648
Tax 48,916 61,151
Social security and other taxes 365 (2,703 )
Pension control account 1,060 791
VAT 46,586 43,778
Other creditors 2,121 2,463
Director's current account 2,344 53,209
114,479 165,337

7. RELATED PARTY DISCLOSURES

Other than the amounts disclosed elsewhere in the financial statements, no transactions with related parties were undertaken such as are required to be disclosed under FRS 102.