Company Registration No. 12731841 (England and Wales)
Jake Joinery ltd
Unaudited accounts
for the year ended 31 July 2023
Jake Joinery ltd
Unaudited accounts
Contents
Jake Joinery ltd
Company Information
for the year ended 31 July 2023
Company Number
12731841 (England and Wales)
Registered Office
39 College Street
Petersfield
GU31 4AG
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Jake Joinery ltd
Statement of financial position
as at 31 July 2023
Tangible assets
15,544
9,734
Cash at bank and in hand
21,633
11,220
Creditors: amounts falling due within one year
(20,112)
(12,440)
Net current assets
9,044
810
Total assets less current liabilities
24,588
10,544
Creditors: amounts falling due after more than one year
(17,452)
-
Called up share capital
1
1
Profit and loss account
7,135
10,543
Shareholders' funds
7,136
10,544
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 16 January 2024 and were signed on its behalf by
J Bateman
Director
Company Registration No. 12731841
Jake Joinery ltd
Notes to the Accounts
for the year ended 31 July 2023
Jake Joinery ltd is a private company, limited by shares, registered in England and Wales, registration number 12731841. The registered office is 39 College Street, Petersfield, GU31 4AG.
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 and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
18,302
-
1,016
19,318
Additions
1,206
11,000
-
12,206
At 31 July 2023
19,508
11,000
1,016
31,524
At 1 August 2022
9,022
-
562
9,584
Charge for the year
3,495
2,750
151
6,396
At 31 July 2023
12,517
2,750
713
15,980
At 31 July 2023
6,991
8,250
303
15,544
At 31 July 2022
9,280
-
454
9,734
Amounts falling due within one year
Jake Joinery ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,058
1,704
Taxes and social security
7,294
7,242
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
Dividends totalling £34,359 (£24,705 - 2022) were paid to directors and their families during the year.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).