JS THOM LTD.

Company Registration Number:
SC253202 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

JS THOM LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

JS THOM LTD.

Company Information

for the Period Ended 31 March 2023




Director: James Thom
Registered office: Flat 2. No, 1
Duncan Street
Port Bannatyne
Isle Of Bute
GB-SCT
PA20 0LX
Company Registration Number: SC253202 (Scotland)

JS THOM LTD.

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 8,158
Tangible assets: 5 0 15
Total fixed assets: 0 8,173
Current assets
Debtors: 6 17,000 3,213
Cash at bank and in hand: 11,498 5,924
Total current assets: 28,498 9,137
Creditors: amounts falling due within one year: 7 ( 1,400 ) ( 4,172 )
Net current assets (liabilities): 27,098 4,965
Total assets less current liabilities: 27,098 13,138
Total net assets (liabilities): 27,098 13,138

The notes form part of these financial statements

JS THOM LTD.

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 26,998 13,038
Shareholders funds: 27,098 13,138

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 September 2023
And Signed On Behalf Of The Board By:

Name: James Thom
Status: Director

The notes form part of these financial statements

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is calculated to write off the cost, less estimated residual values, of tangible fixed assets over their estimated useful lives to the business. Where there is evidence of impairment, fixed assets are written down to receivable amount. Any such write down would be charged to operating profit.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 3

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2022 79,646 79,646
Additions - -
Disposals ( 79,646 ) ( 79,646 )
Revaluations - -
Transfers - -
At 31 March 2023 0 0
Amortisation
Amortisation at 01 April 2022 71,488 71,488
Charge for year - -
On disposals ( 71,488 ) ( 71,488 )
Other adjustments - -
Amortisation at 31 March 2023 0 0
Net book value
Net book value at 31 March 2023 0 0
Net book value at 31 March 2022 8,158 8,158

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2022 2,462 - 2,462
Additions - - -
Disposals ( 2,462 ) - ( 2,462 )
Revaluations - - -
Transfers - - -
At 31 March 2023 0 - 0
Depreciation
At 01 April 2022 2,447 - 2,447
Charge for year - - -
On disposals ( 2,447 ) - ( 2,447 )
Other adjustments - - -
At 31 March 2023 0 - 0
Net book value
At 31 March 2023 0 - 0
At 31 March 2022 15 - 15

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors


2023
£

2022
£
Trade debtors 3,213
Other debtors 17,000
Total 17,000 3,213

JS THOM LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 480 126
Taxation and social security 869 4,033
Other creditors 51 13
Total 1,400 4,172