1 October 2022 false No description of principal activity Taxfiler 2023.10 10962426business:PrivateLimitedCompanyLtd2022-10-012023-09-30 109624262022-09-30 109624262022-10-012023-09-30 10962426business:AuditExemptWithAccountantsReport2022-10-012023-09-30 10962426business:FilletedAccounts2022-10-012023-09-30 109624262023-09-30 10962426business:Director12022-10-012023-09-30 10962426business:RegisteredOffice2022-10-012023-09-30 109624262022-09-30 10962426core:WithinOneYear2023-09-30 10962426core:WithinOneYear2022-09-30 10962426core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10962426core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 10962426core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10962426core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 10962426core:PreviouslyStatedAmount2023-09-30 10962426core:PreviouslyStatedAmount2022-09-30 10962426business:SmallEntities2022-10-012023-09-30 10962426countries:EnglandWales2022-10-012023-09-30 10962426core:PlantMachinery2022-10-012023-09-30 10962426core:MotorVehicles2022-10-012023-09-30 10962426core:ComputerEquipment2022-10-012023-09-30 10962426core:PlantMachinery2022-09-30 10962426core:MotorVehicles2022-09-30 10962426core:ComputerEquipment2022-09-30 10962426core:PlantMachinery2023-09-30 10962426core:MotorVehicles2023-09-30 10962426core:ComputerEquipment2023-09-30 109624262021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10962426 (England and Wales)
J&M ELECTRICAL SERVICES LTD Unaudited accounts for the year ended 30 September 2023
J&M ELECTRICAL SERVICES LTD Unaudited accounts Contents
Page
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J&M ELECTRICAL SERVICES LTD Company Information for the year ended 30 September 2023
Director
Jermaine Samuels
Company Number
10962426 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX UNITED KINGDOM
Accountants
Associated Consulting Partners Group Limited Accountancy & Business Advice International House 12 Constance Street Essex E16 2DQ
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J&M ELECTRICAL SERVICES LTD Accountants' report
Accountants' report to the director of J&M ELECTRICAL SERVICES LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 September 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Associated Consulting Partners Group Limited Accountancy & Business Advice International House 12 Constance Street Essex E16 2DQ 16 November 2023
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J&M ELECTRICAL SERVICES LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,413 
Current assets
Debtors
3,000 
- 
Cash at bank and in hand
56,416 
69,683 
59,416 
69,683 
Creditors: amounts falling due within one year
(70,573)
(65,537)
Net current (liabilities)/assets
(11,157)
4,146 
Net (liabilities)/assets
(11,157)
6,559 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(11,158)
6,558 
Shareholders' funds
(11,157)
6,559 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 16 November 2023 and were signed on its behalf by
Jermaine Samuels Director Company Registration No. 10962426
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J&M ELECTRICAL SERVICES LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
J&M ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10962426. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, UNITED KINGDOM.
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 straight line in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Motor vehicles
20%
Computer equipment
33%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
4,553 
10,475 
2,226 
17,254 
At 30 September 2023
4,553 
10,475 
2,226 
17,254 
Depreciation
At 1 October 2022
3,823 
8,215 
2,803 
14,841 
Charge for the year
730 
2,260 
(577)
2,413 
At 30 September 2023
4,553 
10,475 
2,226 
17,254 
Net book value
At 30 September 2023
- 
- 
- 
- 
At 30 September 2022
730 
2,260 
(577)
2,413 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
3,000 
- 
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J&M ELECTRICAL SERVICES LTD Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
16,983 
8,660 
Trade creditors
6,822 
825 
Taxes and social security
7,009 
9,007 
Other creditors
2,662 
607 
Loans from directors
35,848 
45,189 
Accruals
1,249 
1,249 
70,573 
65,537 
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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