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REGISTERED NUMBER: 13306564 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

JGS Fire and Electrical Ltd

JGS Fire and Electrical Ltd (Registered number: 13306564)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JGS Fire and Electrical Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr Jamie Sutton





REGISTERED OFFICE: 186b Lower Blandford Road
Broadstone
Dorset
BH18 8DP





REGISTERED NUMBER: 13306564 (England and Wales)





ACCOUNTANTS: Birkett & Co Ltd
186b Lower Blandford Road
Broadstone
Dorset
BH18 8DP

JGS Fire and Electrical Ltd (Registered number: 13306564)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,455 7,092

CURRENT ASSETS
Debtors 5 7,395 3,263
Cash at bank 5,995 1,191
13,390 4,454
CREDITORS
Amounts falling due within one year 6 (9,791 ) (4,606 )
NET CURRENT ASSETS/(LIABILITIES) 3,599 (152 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,054

6,940

CREDITORS
Amounts falling due after more than
one year

7

1,752

-

PROVISIONS FOR LIABILITIES (1,416 ) (1,347 )
NET ASSETS 11,390 5,593

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,290 5,493
SHAREHOLDERS' FUNDS 11,390 5,593

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 director acknowledges his 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.

JGS Fire and Electrical Ltd (Registered number: 13306564)

Balance Sheet - continued
31 March 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2023 and were signed by:





Mr Jamie Sutton - Director


JGS Fire and Electrical Ltd (Registered number: 13306564)

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

1. STATUTORY INFORMATION

JGS Fire and Electrical Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JGS Fire and Electrical Ltd (Registered number: 13306564)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 1,665 111 7,065 393 9,234
Additions - - 2,500 159 2,659
At 31 March 2023 1,665 111 9,565 552 11,893
DEPRECIATION
At 1 April 2022 250 28 1,766 98 2,142
Charge for year 212 21 1,950 113 2,296
At 31 March 2023 462 49 3,716 211 4,438
NET BOOK VALUE
At 31 March 2023 1,203 62 5,849 341 7,455
At 31 March 2022 1,415 83 5,299 295 7,092

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,380 3,028
CIS debtor - 70
VAT 500 -
Prepayments 515 165
7,395 3,263

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 6,858 2,576
Directors' current accounts 2,733 -
Directors' loan accounts - 1,666
Accrued expenses 200 364
9,791 4,606

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
PAYE NI & CIS (1,752 ) -