Caseware UK (AP4) 2022.0.179 2022.0.179 2024-01-312024-01-31No description of principal activity2023-02-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09943783 2023-02-01 2024-01-31 09943783 2022-02-01 2023-01-31 09943783 2024-01-31 09943783 2023-01-31 09943783 c:Director1 2023-02-01 2024-01-31 09943783 d:CurrentFinancialInstruments 2024-01-31 09943783 d:CurrentFinancialInstruments 2023-01-31 09943783 d:Non-currentFinancialInstruments 2024-01-31 09943783 d:Non-currentFinancialInstruments 2023-01-31 09943783 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09943783 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09943783 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09943783 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 09943783 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 09943783 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 09943783 d:ShareCapital 2024-01-31 09943783 d:ShareCapital 2023-01-31 09943783 d:RetainedEarningsAccumulatedLosses 2024-01-31 09943783 d:RetainedEarningsAccumulatedLosses 2023-01-31 09943783 c:FRS102 2023-02-01 2024-01-31 09943783 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09943783 c:FullAccounts 2023-02-01 2024-01-31 09943783 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09943783 2 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09943783










JSI ELECTRICAL LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
JSI ELECTRICAL LTD
REGISTERED NUMBER: 09943783

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
4,509

Cash at bank and in hand
 5 
5,885
2,370

  
5,885
6,879

Creditors: amounts falling due within one year
 6 
(4,395)
(2,960)

Net current assets
  
 
 
1,490
 
 
3,919

Total assets less current liabilities
  
1,490
3,919

Creditors: amounts falling due after more than one year
 7 
(2,667)
(4,667)

  

Net liabilities
  
(1,177)
(748)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1,178)
(749)

  
(1,177)
(748)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 February 2024.




Mr I S Jacobs
Page 1

 
JSI ELECTRICAL LTD
REGISTERED NUMBER: 09943783
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

JSI Electrical Ltd is a private company, limited by shares and registered in England.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1


4.


Debtors

2024
2023
£
£


Other debtors
-
4,509

-
4,509



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,885
2,370

5,885
2,370



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
2,000
2,000

Other creditors
2,155
-

Accruals and deferred income
240
960

4,395
2,960


Page 4

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,667
4,667

2,667
4,667



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
2,000
2,000


2,000
2,000


Amounts falling due 2-5 years

Bank loans
2,667
4,667


2,667
4,667


4,667
6,667



9.


Transactions with directors

At the balance sheet date, the director, Mr I S Jacobs, owed the company £nil (2023 £4,345). No interest was charged on outstanding amounts and the loan was repaid in full within 9 months of the balance sheet date.

 
Page 5