JCG Communications Ltd 08846198 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is management consultancy activities. Digita Accounts Production Advanced 6.30.9574.0 true 08846198 2022-04-01 2023-03-31 08846198 2023-03-31 08846198 bus:OrdinaryShareClass1 2023-03-31 08846198 core:CurrentFinancialInstruments 2023-03-31 08846198 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08846198 core:FurnitureFittingsToolsEquipment 2023-03-31 08846198 core:OtherPropertyPlantEquipment 2023-03-31 08846198 bus:SmallEntities 2022-04-01 2023-03-31 08846198 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08846198 bus:FullAccounts 2022-04-01 2023-03-31 08846198 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08846198 bus:RegisteredOffice 2022-04-01 2023-03-31 08846198 bus:Director1 2022-04-01 2023-03-31 08846198 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 08846198 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08846198 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 08846198 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 08846198 core:PlantMachinery 2022-04-01 2023-03-31 08846198 countries:UnitedKingdom 2022-04-01 2023-03-31 08846198 2022-03-31 08846198 core:FurnitureFittingsToolsEquipment 2022-03-31 08846198 core:OtherPropertyPlantEquipment 2022-03-31 08846198 2021-04-01 2022-03-31 08846198 2022-03-31 08846198 bus:OrdinaryShareClass1 2022-03-31 08846198 core:CurrentFinancialInstruments 2022-03-31 08846198 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 08846198 core:FurnitureFittingsToolsEquipment 2022-03-31 08846198 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08846198

JCG Communications Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

JCG Communications Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

JCG Communications Ltd

(Registration number: 08846198)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

3,308

2,298

Current assets

 

Cash at bank and in hand

 

78,008

53,103

Creditors: Amounts falling due within one year

5

(14,669)

(14,409)

Net current assets

 

63,339

38,694

Total assets less current liabilities

 

66,647

40,992

Provisions for liabilities

(628)

(437)

Net assets

 

66,019

40,555

Capital and reserves

 

Called up share capital

50

50

Retained earnings

65,969

40,505

Shareholders' funds

 

66,019

40,555

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 6 November 2023
 

.........................................
Mrs J Garratt
Director

 

JCG Communications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5 Raynham Road
London
W6 0HY
United Kingdom

These financial statements were authorised for issue by the director on 6 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and Machinery

33% on straight line

Fixtures and fittings

25% on straight line

 

JCG Communications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2022 - 4).

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

980

9,745

10,725

Additions

-

2,475

2,475

At 31 March 2023

980

12,220

13,200

Depreciation

At 1 April 2022

980

7,447

8,427

Charge for the year

-

1,465

1,465

At 31 March 2023

980

8,912

9,892

Carrying amount

At 31 March 2023

-

3,308

3,308

At 31 March 2022

-

2,298

2,298

 

JCG Communications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Director's loan account

6

661

330

Taxation and social security

 

40

325

Other creditors

 

13,968

13,754

 

14,669

14,409

6

Loans and borrowings

2023
£

2022
£

Current loans and borrowings

Other borrowings

661

330

 

JCG Communications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

50

50

50

50