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REGISTERED NUMBER: 04014806 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

J V Solutions Limited

J V Solutions Limited (Registered number: 04014806)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


J V Solutions Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Miss J E Vidler





REGISTERED OFFICE: 5 West Court
Enterprise road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 04014806 (England and Wales)





ACCOUNTANTS: Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
J V Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J V Solutions Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of J V Solutions Limited in accordance with the terms of our engagement letter dated 27 October 2015. Our work has been undertaken solely to prepare for your approval the financial statements of J V Solutions Limited and state those matters that we have agreed to state to the director of J V Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J V Solutions Limited and its director for our work or for this report.

It is your duty to ensure that J V Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J V Solutions Limited. You consider that J V Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J V Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD


16 October 2023

J V Solutions Limited (Registered number: 04014806)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 135 348

CURRENT ASSETS
Debtors 5 2,100 12,652
Cash at bank 8 8
2,108 12,660
CREDITORS
Amounts falling due within one year 6 23,746 32,832
NET CURRENT LIABILITIES (21,638 ) (20,172 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,503

)

(19,824

)

CREDITORS
Amounts falling due after more than one
year

7

6,804

7,845
NET LIABILITIES (28,307 ) (27,669 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,407 ) (27,769 )
SHAREHOLDERS' FUNDS (28,307 ) (27,669 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

J V Solutions Limited (Registered number: 04014806)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





Miss J E Vidler - Director


J V Solutions Limited (Registered number: 04014806)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

J V Solutions 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.

Turnover in respect of the rendering of services is recognised by reference to the stage of completion of the transaction at the end of the reporting period.

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.
Plant and machinery - 33% on cost and 25% 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.

Going concern
Although the balance sheet recorded net liabilities at the end of the period, the director considers it appropriate to prepare the accounts on a going concern basis. The director also acknowledges the uncertainty concerning Covid-19 and the impact that this could have on the company's operational existence. At the time of approving the financial statements, Covid-19 has not had a detrimental impact on the activities of the company and the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.Therefore, the director deems it appropriate to continue to adopt the going concern basis in preparing the financial statements.

J V Solutions Limited (Registered number: 04014806)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2022
and 30 June 2023 39,248
DEPRECIATION
At 1 July 2022 38,900
Charge for year 213
At 30 June 2023 39,113
NET BOOK VALUE
At 30 June 2023 135
At 30 June 2022 348

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,100 12,279
Other debtors - 373
2,100 12,652

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,691 12,786
Taxation and social security 13,291 15,665
Other creditors 7,764 4,381
23,746 32,832

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,804 7,845

J V Solutions Limited (Registered number: 04014806)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 1,650 11,771

The bank overdraft is secured by the way of fixed and floating charges over all current and future property or undertaking the company.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £4,902 (2022: £2,041) due to the director. This loan is unsecured, interest free and repayable on demand.

During the year the director was advanced £NIL (2022: £31,690) and repaid £2,861 (2022: £33,667).