Company Registration No. 11203077 (England and Wales)
JDW Associates Limited
Unaudited accounts
for the year ended 28 February 2023
JDW Associates Limited
Statement of financial position
as at 28 February 2023
Intangible assets
51,365
52,065
Tangible assets
1,831
2,562
Cash at bank and in hand
47,903
53,078
Creditors: amounts falling due within one year
(20,491)
(23,429)
Net current assets
27,412
29,649
Total assets less current liabilities
80,608
84,276
Creditors: amounts falling due after more than one year
(22,417)
(29,871)
Called up share capital
100
100
Profit and loss account
58,091
54,305
Shareholders' funds
58,191
54,405
For the year ending 28 February 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 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 10 October 2023 and were signed on its behalf by
James David Welham
Director
Company Registration No. 11203077
JDW Associates Limited
Notes to the Accounts
for the year ended 28 February 2023
JDW Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 11203077. The registered office is 87 Tetney Lane, Holton-Le-Clay, Grimsby, North East Lincolnshire, DN36 5AU, United Kingdom.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
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Intangible fixed assets
Goodwill
At 28 February 2023
53,465
At 28 February 2023
51,365
At 28 February 2022
52,065
JDW Associates Limited
Notes to the Accounts
for the year ended 28 February 2023
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
3,500
1,448
4,948
At 28 February 2023
3,500
1,448
4,948
At 1 March 2022
2,024
362
2,386
Charge for the year
369
362
731
At 28 February 2023
2,393
724
3,117
At 28 February 2023
1,107
724
1,831
At 28 February 2022
1,476
1,086
2,562
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
16,400
22,776
Loans from directors
3,591
153
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).