Company Registration No. SC603628 (Scotland)
JT Services Property Maintenance Ltd
Unaudited accounts
for the year ended 31 July 2023
JT Services Property Maintenance Ltd
Unaudited accounts
Contents
JT Services Property Maintenance Ltd
Company Information
for the year ended 31 July 2023
Company Number
SC603628 (Scotland)
Registered Office
Thomas House
Meikleour
Perthshire
PH2 6EN
Accountants
Helen Hally CA
The Retreat
South Street
Burrelton
Perthshire
PH13 9PE
JT Services Property Maintenance Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
60,684
10,920
Cash at bank and in hand
42,191
7,162
Creditors: amounts falling due within one year
(75,371)
(16,482)
Net current liabilities
(16,931)
(4,373)
Total assets less current liabilities
43,753
6,547
Creditors: amounts falling due after more than one year
(37,744)
(1,688)
Called up share capital
50
50
Profit and loss account
5,959
4,809
Shareholders' funds
6,009
4,859
For the year ending 31 July 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 24 October 2023 and were signed on its behalf by
Jonathan Thomas
Director
Company Registration No. SC603628
JT Services Property Maintenance Ltd
Notes to the Accounts
for the year ended 31 July 2023
JT Services Property Maintenance Ltd is a private company, limited by shares, registered in Scotland, registration number SC603628. The registered office is Thomas House, Meikleour, Perthshire, PH2 6EN.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Stock on hand has been valued at the lower of cost and net realisable value.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
3,000
12,000
15,000
Additions
8,208
73,128
81,336
Disposals
-
(12,000)
(12,000)
At 31 July 2023
11,208
73,128
84,336
At 1 August 2022
1,080
3,000
4,080
Charge for the year
2,040
17,532
19,572
At 31 July 2023
3,120
20,532
23,652
At 31 July 2023
8,088
52,596
60,684
At 31 July 2022
1,920
9,000
10,920
JT Services Property Maintenance Ltd
Notes to the Accounts
for the year ended 31 July 2023
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
51,471
7,500
Amounts falling due within one year
Trade debtors
11,294
2,422
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
12,682
3,965
Taxes and social security
-
3,327
Loans from directors
42,551
8,795
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
37,744
1,688
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).