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Company Registration No. 05099539 (England and Wales)
JMP ELECTRICAL SERVICES LIMITED Unaudited accounts for the year ended 30 April 2023
JMP ELECTRICAL SERVICES LIMITED Unaudited accounts Contents
Page
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JMP ELECTRICAL SERVICES LIMITED Company Information for the year ended 30 April 2023
Directors
J Perruzza Mrs S Perruzza
Company Number
05099539 (England and Wales)
Registered Office
12 BORWICK DRIVE LANCASTER LANCASHIRE LA1 2QA
Accountants
Unisolutions Ltd 6-4-3 Alston House White Cross Industrial Estate Lancaster Lancashire LA1 4XF
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JMP ELECTRICAL SERVICES LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,597 
26,497 
Investment property
409,849 
409,849 
482,446 
436,346 
Current assets
Inventories
550 
550 
Debtors
55,406 
31,035 
Cash at bank and in hand
51,682 
80,646 
107,638 
112,231 
Creditors: amounts falling due within one year
(110,253)
(105,771)
Net current (liabilities)/assets
(2,615)
6,460 
Total assets less current liabilities
479,831 
442,806 
Creditors: amounts falling due after more than one year
(204,324)
(241,294)
Provisions for liabilities
Deferred tax
(5,097)
(5,097)
Net assets
270,410 
196,415 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
270,210 
196,215 
Shareholders' funds
270,410 
196,415 
For the year ending 30 April 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 27 September 2023 and were signed on its behalf by
J Perruzza Director Company Registration No. 05099539
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JMP ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
JMP ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05099539. The registered office is 12 BORWICK DRIVE, LANCASTER, LANCASHIRE, LA1 2QA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
33% straight line
Motor vehicles
15% reducing balance
Computer equipment
33% straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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JMP ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
14,923 
34,772 
49,695 
Additions
332 
53,704 
54,036 
At 30 April 2023
15,255 
88,476 
103,731 
Depreciation
At 1 May 2022
13,549 
9,649 
23,198 
Charge for the year
1,483 
6,453 
7,936 
At 30 April 2023
15,032 
16,102 
31,134 
Net book value
At 30 April 2023
223 
72,374 
72,597 
At 30 April 2022
1,374 
25,123 
26,497 
5
Investment property
2023 
£ 
Fair value at 1 May 2022
409,849 
At 30 April 2023
409,849 
Investment properties are initially recognised at cost but will thereafter be valued at fair value at the balance sheet date. The directors do not anticipate selling the investment in the foreseeable future.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
53,760 
30,535 
Other debtors
1,646 
500 
55,406 
31,035 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
16,196 
16,196 
VAT
16,157 
13,717 
Obligations under finance leases and hire purchase contracts
14,732 
2,139 
Taxes and social security
13,447 
25,150 
Loans from directors
48,844 
48,094 
Accruals
877 
475 
110,253 
105,771 
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JMP ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
173,298 
230,662 
Obligations under finance leases and hire purchase contracts
31,026 
10,632 
204,324 
241,294 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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