SC344024
J.A.S. Safety Consultancy Ltd
Filleted Accounts
30 June 2023
J.A.S. Safety Consultancy Ltd
Registered number: SC344024
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 34,198 15,381
Current assets
Cash at bank and in hand 135,711 119,989
Creditors: amounts falling due within one year 4 (14,294) (19,018)
Net current assets 121,417 100,971
Total assets less current liabilities 155,615 116,352
Creditors: amounts falling due after more than one year 5 (687) (22,426)
Provisions for liabilities (870) (870)
Net assets 154,058 93,056
Capital and reserves
Called up share capital 1 1
Profit and loss account 154,057 93,055
Shareholder's funds 154,058 93,056
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Smith
Director
Approved by the board on 31 October 2023
J.A.S. Safety Consultancy Ltd
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on at the following annual rates on all tangible fixed assets, other than freehold land, as follows:
Fixtures, fittings, tools and equipment 15% on a Reducing Balance basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 -
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2022 22,184 - 22,184
Additions 1,333 21,225 22,558
At 30 June 2023 23,517 21,225 44,742
Depreciation
At 1 July 2022 6,803 - 6,803
Charge for the year 2,414 1,327 3,741
At 30 June 2023 9,217 1,327 10,544
Net book value
At 30 June 2023 14,300 19,898 34,198
At 30 June 2022 15,381 - 15,381
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 265 -
Corporation tax 8,704 14,152
Other taxes and social security costs 4,797 4,338
Other creditors 528 528
14,294 19,018
5 Creditors: amounts falling due after one year 2023 2022
£ £
Director's account (16,113) 26
Bank loans 16,800 22,400
687 22,426
6 Other information
J.A.S. Safety Consultancy Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
No. 1 Victoria Road
Kirkcaldy
Fife
KY1 1DT
J.A.S. Safety Consultancy Ltd SC344024 false 2022-07-01 2023-06-30 2023-06-30 VT Final Accounts October 2023 release 2 J Smith No description of principal activity SC344024 2021-07-01 2022-06-30 SC344024 core:WithinOneYear 2022-06-30 SC344024 core:AfterOneYear 2022-06-30 SC344024 core:ShareCapital 2022-06-30 SC344024 core:RetainedEarningsAccumulatedLosses 2022-06-30 SC344024 2022-07-01 2023-06-30 SC344024 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 SC344024 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 SC344024 bus:Director40 2022-07-01 2023-06-30 SC344024 1 2022-07-01 2023-06-30 SC344024 2 2022-07-01 2023-06-30 SC344024 core:PlantMachinery 2022-07-01 2023-06-30 SC344024 core:Vehicles 2022-07-01 2023-06-30 SC344024 countries:England 2022-07-01 2023-06-30 SC344024 bus:FRS102 2022-07-01 2023-06-30 SC344024 bus:FullAccounts 2022-07-01 2023-06-30 SC344024 2023-06-30 SC344024 core:WithinOneYear 2023-06-30 SC344024 core:AfterOneYear 2023-06-30 SC344024 core:ShareCapital 2023-06-30 SC344024 core:RetainedEarningsAccumulatedLosses 2023-06-30 SC344024 core:PlantMachinery 2023-06-30 SC344024 core:Vehicles 2023-06-30 SC344024 2022-06-30 SC344024 core:PlantMachinery 2022-06-30 SC344024 core:Vehicles 2022-06-30 iso4217:GBP xbrli:pure