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Company Registration No. 04562108 (England and Wales)
JPS Business Solutions Ltd Unaudited accounts for the year ended 31 October 2023
JPS Business Solutions Ltd Unaudited accounts Contents
Page
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JPS Business Solutions Ltd Company Information for the year ended 31 October 2023
Directors
P Lydiate C Lydiate
Company Number
04562108 (England and Wales)
Registered Office
Level One Basecamp 49 Jamaica Street Liverpool L1 0AH
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JPS Business Solutions Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
165,579 
165,579 
Tangible assets
25,589 
27,382 
191,168 
192,961 
Current assets
Debtors
12,846 
16,316 
Cash at bank and in hand
48,873 
44,177 
61,719 
60,493 
Creditors: amounts falling due within one year
(76,429)
(81,939)
Net current liabilities
(14,710)
(21,446)
Net assets
176,458 
171,515 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
176,359 
171,416 
Shareholders' funds
176,458 
171,515 
For the year ending 31 October 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 1 November 2023 and were signed on its behalf by
P Lydiate Director Company Registration No. 04562108
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JPS Business Solutions Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
JPS Business Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 04562108. The registered office is Level One, Basecamp, 49 Jamaica Street, Liverpool, L1 0AH.
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:
Fixtures & fittings
15%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
165,579 
At 31 October 2023
165,579 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
165,579 
At 31 October 2022
165,579 
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JPS Business Solutions Ltd Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
120,803 
Additions
2,722 
At 31 October 2023
123,525 
Depreciation
At 1 November 2022
93,421 
Charge for the year
4,515 
At 31 October 2023
97,936 
Net book value
At 31 October 2023
25,589 
At 31 October 2022
27,382 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,846 
16,316 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
21,293 
29,172 
VAT
8,133 
8,922 
Trade creditors
36 
- 
Taxes and social security
12,435 
9,696 
Other creditors
2,073 
- 
Loans from directors
32,459 
34,149 
76,429 
81,939 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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