Company Registration No. SC621721 (Scotland)
J&D Financial Advice Service Limited
Unaudited accounts
for the year ended 28 February 2023
J&D Financial Advice Service Limited
Unaudited accounts
Contents
J&D Financial Advice Service Limited
Company Information
for the year ended 28 February 2023
Directors
Jonathan Stevenson
Alasdair Stevenson
Company Number
SC621721 (Scotland)
Registered Office
57 Ratho Drive
Cumbernauld
Glasgow
G68 0GA
United Kingdom
Accountants
TW Accounting Services
650 Stirling Road
Luggiebank
Cumbernauld
G67 4AB
J&D Financial Advice Service Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
27,799
35,654
Creditors: amounts falling due within one year
(9,415)
(15,275)
Net current assets
18,383
20,378
Called up share capital
26
26
Profit and loss account
18,717
21,072
Shareholders' funds
18,743
21,098
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by
Jonathan Stevenson
Director
Company Registration No. SC621721
J&D Financial Advice Service Limited
Notes to the Accounts
for the year ended 28 February 2023
J&D Financial Advice Service Limited is a private company, limited by shares, registered in Scotland, registration number SC621721. The registered office is 57 Ratho Drive, Cumbernauld, Glasgow, G68 0GA, 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.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Computer equipment
J&D Financial Advice Service Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,309
13,809
Loans from directors
41
1,466
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).