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Company Registration No. 13788472 (England and Wales)
Joist Limited Unaudited accounts for the year ended 31 December 2023
Joist Limited Unaudited accounts Contents
Page
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Joist Limited Company Information for the year ended 31 December 2023
Director
Martin Thorne
Company Number
13788472 (England and Wales)
Registered Office
BEAUMONT HOUSE 172 SOUTHGATE STREET GLOUCESTER GLOUCESTERSHIRE GL1 2EZ UNITED KINGDOM
Accountants
MAB Accountancy Hub Ltd 82 Station Road Bishops Cleeve Cheltenham Gloucestershire GL52 8HJ
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Joist Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,911 
2,171 
Current assets
Debtors
- 
1,941 
Cash at bank and in hand
8 
93 
8 
2,034 
Creditors: amounts falling due within one year
(18,189)
(9,721)
Net current liabilities
(18,181)
(7,687)
Net liabilities
(16,270)
(5,516)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(16,370)
(5,616)
Shareholders' funds
(16,270)
(5,516)
For the year ending 31 December 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 15 February 2024 and were signed on its behalf by
Martin Thorne Director Company Registration No. 13788472
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Joist Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Joist Limited is a private company, limited by shares, registered in England and Wales, registration number 13788472. The registered office is BEAUMONT HOUSE, 172 SOUTHGATE STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 2EZ, 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.
3
Accounting policies
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
5 Years
Deferred taxation
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.
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Joist Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,714 
Additions
314 
At 31 December 2023
3,028 
Depreciation
At 1 January 2023
543 
Charge for the year
574 
At 31 December 2023
1,117 
Net book value
At 31 December 2023
1,911 
At 31 December 2022
2,171 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
24 
Deferred tax asset
1,917 
- 
1,941 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(77)
71 
Trade creditors
505 
390 
Loans from directors
17,501 
8,460 
Accruals
260 
800 
18,189 
9,721 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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