Company Registration No. 11806793 (England and Wales)
JVR ELECTRICAL & BUILDING SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
JVR ELECTRICAL & BUILDING SERVICES LTD
COMPANY INFORMATION
Directors
V Holland
J Perry
Company number
11806793
Registered office
26 Symonds Green Road
Stevenage
Herts
SG1 2HA
JVR ELECTRICAL & BUILDING SERVICES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
JVR ELECTRICAL & BUILDING SERVICES LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
2
148,935
55,463
Current assets
Debtors
3
16,572
15,915
Cash at bank and in hand
98,647
96,540
115,219
112,455
Creditors: amounts falling due within one year
4
(100,777)
(56,905)
Net current assets
14,442
55,550
Total assets less current liabilities
163,377
111,013
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
163,375
111,011
Total equity
163,377
111,013

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Directors' responsibilities:

 

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on 19 October 2023 and are signed on its behalf by:
V Holland
Director
Company Registration No. 11806793
JVR ELECTRICAL & BUILDING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information

JVR Electrical & Building Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 26 Symonds Green Road, Stevenage, Herts, SG1 2HA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

JVR ELECTRICAL & BUILDING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2022
112,963
Additions
143,117
At 28 February 2023
256,080
Depreciation and impairment
At 1 March 2022
57,500
Depreciation charged in the year
49,645
At 28 February 2023
107,145
Carrying amount
At 28 February 2023
148,935
At 28 February 2022
55,463
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
16,572
15,915
4
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
-
0
1,591
Trade creditors
5,505
4,232
Corporation tax
-
0
3,810
Other taxation and social security
58,530
30,953
Other creditors
36,742
16,319
100,777
56,905
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Authorised
100 Ordinary of £1 each
100
100
Issued and fully paid
2 Ordinary of £1 each
2
2
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