2022-06-01 2023-05-31 false Capium Accounts Production 1.1 09027511 bus:FullAccounts 2022-06-01 2023-05-31 09027511 bus:FRS102 2022-06-01 2023-05-31 09027511 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 09027511 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 09027511 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 09027511 2022-06-01 2023-05-31 09027511 2023-05-31 09027511 bus:RegisteredOffice 2022-06-01 2023-05-31 09027511 core:WithinOneYear 2023-05-31 09027511 core:AfterOneYear 2023-05-31 09027511 bus:Director1 2022-06-01 2023-05-31 09027511 bus:Director1 2023-05-31 09027511 bus:Director1 2021-06-01 2022-05-31 09027511 2021-06-01 09027511 bus:CompanySecretary1 2022-06-01 2023-05-31 09027511 bus:LeadAgentIfApplicable 2022-06-01 2023-05-31 09027511 2021-06-01 2022-05-31 09027511 2022-05-31 09027511 core:WithinOneYear 2022-05-31 09027511 core:AfterOneYear 2022-05-31 09027511 bus:EntityAccountantsOrAuditors 2021-06-01 2022-05-31 09027511 core:ComputerEquipment 2022-06-01 2023-05-31 09027511 core:ComputerEquipment 2023-05-31 09027511 core:ComputerEquipment 2022-05-31 09027511 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 09027511 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-05-31 09027511 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 09027511 core:CostValuation core:Non-currentFinancialInstruments 2022-05-31 09027511 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-05-31 09027511 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 09027511 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 09027511 core:Non-currentFinancialInstruments 2023-05-31 09027511 core:Non-currentFinancialInstruments 2022-05-31 09027511 core:ShareCapital 2023-05-31 09027511 core:ShareCapital 2022-05-31 09027511 core:RetainedEarningsAccumulatedLosses 2023-05-31 09027511 core:RetainedEarningsAccumulatedLosses 2022-05-31 09027511 dpl:Item1 2022-06-01 09027511 dpl:Item1 2023-05-31 09027511 dpl:Item1 2021-06-01 09027511 dpl:Item1 2022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09027511
England & Northern Ireland

 

 

 

JPS TRANSIT LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2022

End date: 31 May 2023
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors 3 13,557    10,040 
Cash at bank and in hand 2,463    596 
16,020    10,636 
Creditors: amount falling due within one year 4 (18,367)   (23,528)
Net current liabilities (2,347)   (12,892)
 
Total assets less current liabilities (2,347)   (12,892)
Net liabilities (2,347)   (12,892)
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (2,348)   (12,893)
Shareholder's funds (2,347)   (12,892)
 


For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 21 February 2024 and were signed by:


-------------------------------
Mr Jaswant Singh Sangar
Director
1
General Information
JPS TRANSIT LTD is a private company, limited by shares, registered in England & Northern Ireland, registration number 09027511, registration address 126 Ashen Drive , Dartford, DA1 3LX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 June 2022 1,438    1,438 
Additions  
Disposals  
At 31 May 2023 1,438    1,438 
Depreciation
At 01 June 2022 958    958 
Charge for year 480    480 
On disposals  
At 31 May 2023 1,438    1,438 
Net book values
Closing balance as at 31 May 2023  
Opening balance as at 01 June 2022  


4.

Debtors: amounts falling due after one year

2023
£
  2022
£
Directors' Loan Accounts 13,557    10,040 
13,557    10,040 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Other Creditors 18,367    23,528 
18,367    23,528 

2