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REGISTERED NUMBER: 00917424 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31st October 2023

for

Jandel Engineering Limited

Jandel Engineering Limited (Registered number: 00917424)

Contents of the Financial Statements
for the year ended 31st October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jandel Engineering Limited

Company Information
for the year ended 31st October 2023







DIRECTORS: Mr P J Clark
Mrs Y Kelly
Mrs L Henfrey





SECRETARY: Mrs Y Kelly





REGISTERED OFFICE: Grand Union House
Leighton Road
Linslade
Leighton Buzzard
Bedfordshire
LU7 1LA





REGISTERED NUMBER: 00917424 (England and Wales)





ACCOUNTANT: Paul David Nurton
Chartered Certified Accountant
2 Pinns Cottage
Rodhuish
Exmoor
Minehead
Somerset
TA24 6QL

Jandel Engineering Limited (Registered number: 00917424)

Balance Sheet
31st October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 865 1,154
Tangible assets 5 108,554 28,840
109,419 29,994

CURRENT ASSETS
Stocks 6 186,876 198,766
Debtors 7 139,372 110,512
Cash at bank and in hand 405,947 398,883
732,195 708,161
CREDITORS
Amounts falling due within one year 8 355,065 328,741
NET CURRENT ASSETS 377,130 379,420
TOTAL ASSETS LESS CURRENT
LIABILITIES

486,549

409,414

PROVISIONS FOR LIABILITIES 9 20,610 5,480
NET ASSETS 465,939 403,934

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 465,839 403,834
SHAREHOLDERS' FUNDS 465,939 403,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Jandel Engineering Limited (Registered number: 00917424)

Balance Sheet - continued
31st October 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st February 2024 and were signed on its behalf by:




Mr P J Clark - Director Mrs Y Kelly - Director




Mrs L Henfrey - Director


Jandel Engineering Limited (Registered number: 00917424)

Notes to the Financial Statements
for the year ended 31st October 2023


1. STATUTORY INFORMATION

Jandel Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Domain name
The company acquired its Domain name on the 16th September 2005 from Sedo GMBH for a total consideration of £2,884 (Note 7 refers). Whilst the asset is still considered to be intangible in nature it was previously not depreciated under the provisions of FRS 10. Since the trasntion to FRS102, the asset is to be depreciated over a period of ten years. The financial effect of so doing is not material to the financial position of the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% on cost

Stocks
Stocks of components and raw materials are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Jandel Engineering Limited (Registered number: 00917424)

Notes to the Financial Statements - continued
for the year ended 31st October 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition
The treatment of work in progress has, where appropriate, resulted in an uplift in both sales and debtors in order to reflect un-invoiced work in progress at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1st November 2022
and 31st October 2023 2,884
AMORTISATION
At 1st November 2022 1,730
Amortisation for year 289
At 31st October 2023 2,019
NET BOOK VALUE
At 31st October 2023 865
At 31st October 2022 1,154

Jandel Engineering Limited (Registered number: 00917424)

Notes to the Financial Statements - continued
for the year ended 31st October 2023


5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st November 2022 180,563 - 180,563
Additions 7,368 88,050 95,418
At 31st October 2023 187,931 88,050 275,981
DEPRECIATION
At 1st November 2022 151,723 - 151,723
Charge for year 5,431 10,273 15,704
At 31st October 2023 157,154 10,273 167,427
NET BOOK VALUE
At 31st October 2023 30,777 77,777 108,554
At 31st October 2022 28,840 - 28,840

6. STOCKS
2023 2022
£    £   
Stocks 186,876 198,766

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 100,387 68,566
Other debtors 38,985 41,946
139,372 110,512

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,008 1,153
Trade creditors 47,629 19,001
Taxation and social security 118,815 133,790
Other creditors 176,613 174,797
355,065 328,741

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 20,610 5,480

Jandel Engineering Limited (Registered number: 00917424)

Notes to the Financial Statements - continued
for the year ended 31st October 2023


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2022 5,480
Accelerated Capital Allowances 15,130
Balance at 31st October 2023 20,610

10. ULTIMATE CONTROLLING PARTY

The shareholders, Mr P J Clark, Mrs Y Kelly and Mrs L Henfrey are the ultimate controlling parties.