Silverfin false false 31/08/2023 01/09/2022 31/08/2023 J M Collins 10/08/2018 22 November 2023 The principal activity of the Company during the financial year was landscape service activities. 11511277 2023-08-31 11511277 bus:Director1 2023-08-31 11511277 2022-08-31 11511277 core:CurrentFinancialInstruments 2023-08-31 11511277 core:CurrentFinancialInstruments 2022-08-31 11511277 core:Non-currentFinancialInstruments 2023-08-31 11511277 core:Non-currentFinancialInstruments 2022-08-31 11511277 core:ShareCapital 2023-08-31 11511277 core:ShareCapital 2022-08-31 11511277 core:RetainedEarningsAccumulatedLosses 2023-08-31 11511277 core:RetainedEarningsAccumulatedLosses 2022-08-31 11511277 core:PlantMachinery 2022-08-31 11511277 core:Vehicles 2022-08-31 11511277 core:OfficeEquipment 2022-08-31 11511277 core:PlantMachinery 2023-08-31 11511277 core:Vehicles 2023-08-31 11511277 core:OfficeEquipment 2023-08-31 11511277 2022-09-01 2023-08-31 11511277 bus:FilletedAccounts 2022-09-01 2023-08-31 11511277 bus:SmallEntities 2022-09-01 2023-08-31 11511277 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11511277 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11511277 bus:Director1 2022-09-01 2023-08-31 11511277 core:PlantMachinery 2022-09-01 2023-08-31 11511277 core:Vehicles 2022-09-01 2023-08-31 11511277 core:OfficeEquipment 2022-09-01 2023-08-31 11511277 2021-09-01 2022-08-31 11511277 core:Non-currentFinancialInstruments 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Company No: 11511277 (England and Wales)

JMC SERVICES (BOURNEMOUTH) LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2023
Pages for filing with the registrar

JMC SERVICES (BOURNEMOUTH) LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2023

Contents

JMC SERVICES (BOURNEMOUTH) LIMITED

BALANCE SHEET

As at 31 August 2023
JMC SERVICES (BOURNEMOUTH) LIMITED

BALANCE SHEET (continued)

As at 31 August 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 32,125 49,068
32,125 49,068
Current assets
Debtors 4 14,232 1,190
Cash at bank and in hand 169,303 139,935
183,535 141,125
Creditors: amounts falling due within one year 5 ( 50,694) ( 40,352)
Net current assets 132,841 100,773
Total assets less current liabilities 164,966 149,841
Creditors: amounts falling due after more than one year 6 ( 15,809) ( 22,198)
Net assets 149,157 127,643
Capital and reserves
Called-up share capital 100 100
Profit and loss account 149,057 127,543
Total shareholder's funds 149,157 127,643

For the financial year ending 31 August 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 financial statements of JMC Services (Bournemouth) Limited (registered number: 11511277) were approved and authorised for issue by the Director on 22 November 2023. They were signed on its behalf by:

J M Collins
Director
JMC SERVICES (BOURNEMOUTH) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
JMC SERVICES (BOURNEMOUTH) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JMC Services (Bournemouth) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Vehicles 25 % reducing balance
Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 2

3. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 September 2022 19,437 56,224 653 76,314
Additions 973 0 1,357 2,330
Disposals 0 ( 19,474) 0 ( 19,474)
At 31 August 2023 20,410 36,750 2,010 59,170
Accumulated depreciation
At 01 September 2022 11,274 15,563 409 27,246
Charge for the financial year 2,142 9,052 287 11,481
Disposals 0 ( 11,682) 0 ( 11,682)
At 31 August 2023 13,416 12,933 696 27,045
Net book value
At 31 August 2023 6,994 23,817 1,314 32,125
At 31 August 2022 8,163 40,661 244 49,068

4. Debtors

2023 2022
£ £
Trade debtors 14,232 1,190

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 2,913 905
Taxation and social security 30,106 28,745
Other creditors 17,675 10,702
50,694 40,352

6. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 15,809 22,198

There are no amounts included above in respect of which any security has been given by the small entity.