Company Registration No. SC549526 (Scotland)
JGM BARBERS LTD
Unaudited accounts
for the year ended 31 October 2023
JGM BARBERS LTD
Unaudited accounts
Contents
JGM BARBERS LTD
Company Information
for the year ended 31 October 2023
Company Number
SC549526 (Scotland)
Registered Office
2 VICTORIA PLACE
RUTHERGLEN
GLASGOW
G73 2JP
SCOTLAND
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
JGM BARBERS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
10,434
11,826
Cash at bank and in hand
7,308
14,845
Creditors: amounts falling due within one year
(13,244)
(16,998)
Net current liabilities
(5,936)
(2,153)
Called up share capital
100
100
Profit and loss account
4,398
9,573
Shareholders' funds
4,498
9,673
For the year ending 31 October 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 her 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 13 March 2024 and were signed on its behalf by
JANICE MARTIN
Director
Company Registration No. SC549526
JGM BARBERS LTD
Notes to the Accounts
for the year ended 31 October 2023
JGM BARBERS LTD is a private company, limited by shares, registered in Scotland, registration number SC549526. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, GLASGOW, G73 2JP, SCOTLAND.
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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:
Fixtures & fittings
15% reducing balance.
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Tangible fixed assets
Fixtures & fittings
JGM BARBERS LTD
Notes to the Accounts
for the year ended 31 October 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(210)
(637)
Loans from directors
10,866
15,685
The controlling party is the director , Janice Martin.
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Average number of employees
During the year the average number of employees was 2 (2022: 3).