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J & J Electrical (NE) Ltd
Registered Number:08419844
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
08419844
As at 28 February 2023
J & J Electrical (NE) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
24,640
30,849
2
24,640
30,849
Current assets
Inventories
27,423
20,678
3
Trade and other receivables
104,857
85,559
4
109,393
Cash and cash equivalents
145,965
252,202
241,673
Trade and other payables: amounts falling due within one
year
(71,046)
(111,429)
5
170,627
140,773
Net current assets
Total assets less current liabilities
165,413
201,476
Trade and other payables: amounts falling due after more
than one year
(12,694)
(12,694)
6
152,719
Net assets
188,782
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
151,719
187,782
152,719
188,782
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr J G Finch Director
These financial statements were approved and authorised for issue by the Board on 24 November 2023 and were signed by:
The notes form part of these financial statements
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3
For the year ended 28 February 2023
J & J Electrical (NE) Ltd
Notes to the Financial Statements
Statutory Information
J & J Electrical (NE) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08419844.
Registered address:
The Goodsyard
West Lane
Grangetown
Cleveland
TS6 7AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment
Total
Motor
vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 March 2022
104,420
59,369
45,051
2,005
-
2,005
Additions
At 28 February 2023
47,056
59,369
106,425
Provision for depreciation and impairment
At 01 March 2022
73,571
47,731
25,840
Charge for year
8,214
2,910
5,304
At 28 February 2023
81,785
50,641
31,144
At 28 February 2023
Net book value
15,912
8,728
24,640
At 28 February 2022
19,211
11,638
30,849
3. Inventories
2022
2023
£
£
Stocks
20,678
27,423
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4
For the year ended 28 February 2023
J & J Electrical (NE) Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Trade debtors
85,559
104,857
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
33,773
12,259
Taxation and social security
77,656
58,787
111,429
71,046
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
12,694
12,694
7. Average number of persons employed
During the year the average number of employees was 11 (2022 : 10)
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