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
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
JPS Business Solutions Ltd
Statement of financial position
as at 31 October 2023
Intangible assets
165,579
165,579
Tangible assets
25,589
27,382
Cash at bank and in hand
48,873
44,177
Creditors: amounts falling due within one year
(76,429)
(81,939)
Net current liabilities
(14,710)
(21,446)
Net assets
176,458
171,515
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
JPS Business Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 November 2022
165,579
At 31 October 2023
165,579
At 31 October 2023
165,579
At 31 October 2022
165,579
JPS Business Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
At 1 November 2022
120,803
At 31 October 2023
123,525
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
Taxes and social security
12,435
9,696
Loans from directors
32,459
34,149
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).