Company registration number 09516188 (England and Wales)
JVDC ELECTRICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
JVDC ELECTRICAL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
13,657
16,135
Current assets
58,340
73,528
Prepayments and accrued income
396
634
Creditors: amounts falling due within one year
(43,016)
(40,943)
Net current assets
15,720
33,219
Total assets less current liabilities
29,377
49,354
Creditors: amounts falling due after more than one year
(11,083)
(15,710)
Accruals and deferred income
(1,867)
(2,285)
Net assets
16,427
31,359
Capital and reserves
16,427
31,359
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
The company made the following loans and advances to directors:
Advances to directors
During the year £22,905 was advanced to a director and £22,905 was subsequently repaid. Interest was charged at a rate of 2% on the advance. The balance owed by the director at the beginning of the year was £nil and at the end of the year was £nil. This loan is unsecured and has no repayment terms.
During the year £24,028 was advanced to a director and £24,028 was subsequently repaid. Interest was charged at a rate of 2% on the advance. The balance owed by the director at the beginning of the year was £nil and at the end of the year was £nil. This loan is unsecured and has no repayment terms.
The total amount advanced during the year was £46,933. The total amount repaid during the year was £46,933.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
4
3
JVDC ELECTRICAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
JVDC Electrical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 13 Mount Pleasant Avenue, WELLS, Somerset, BA5 2JG.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on ......................... and are signed on its behalf by:
2023-10-10
..............................................
..............................................
Mr D F Catley
Mr J M Vowles
Director
Company registration number 09516188 (England and Wales)