1 November 2022 false Taxfiler 2023.14 SC549526business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC5495262022-10-31 SC5495262022-11-012023-10-31 SC549526business:AuditExemptWithAccountantsReport2022-11-012023-10-31 SC549526business:FilletedAccounts2022-11-012023-10-31 SC5495262023-10-31 SC549526business:Director12022-11-012023-10-31 SC549526business:RegisteredOffice2022-11-012023-10-31 SC5495262022-10-31 SC549526core:WithinOneYear2023-10-31 SC549526core:WithinOneYear2022-10-31 SC549526core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC549526core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 SC549526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC549526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC549526core:PreviouslyStatedAmount2023-10-31 SC549526core:PreviouslyStatedAmount2022-10-31 SC549526business:SmallEntities2022-11-012023-10-31 SC549526countries:Scotland2022-11-012023-10-31 SC549526core:FurnitureFittings2022-11-012023-10-31 SC549526core:FurnitureFittings2022-10-31 SC549526core:FurnitureFittings2023-10-31 SC5495262021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC549526 (Scotland)
JGM BARBERS LTD Unaudited accounts for the year ended 31 October 2023
JGM BARBERS LTD Unaudited accounts Contents
Page
- 2 -
JGM BARBERS LTD Company Information for the year ended 31 October 2023
Director
JANICE MARTIN
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
- 3 -
JGM BARBERS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,434 
11,826 
Current assets
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)
Net assets
4,498 
9,673 
Capital and reserves
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
- 4 -
JGM BARBERS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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
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.
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:
Fixtures & fittings
15% reducing balance.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
30,792 
Additions
449 
At 31 October 2023
31,241 
Depreciation
At 1 November 2022
18,966 
Charge for the year
1,841 
At 31 October 2023
20,807 
Net book value
At 31 October 2023
10,434 
At 31 October 2022
11,826 
- 5 -
JGM BARBERS LTD Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(210)
(637)
Other creditors
10 
- 
Loans from directors
10,866 
15,685 
Accruals
2,578 
1,950 
13,244 
16,998 
6
Controlling party
The controlling party is the director , Janice Martin.
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).
- 6 -