Company Registration No. 12917927 (England and Wales)
JD Grant Plumbing & Heating Limited
Unaudited accounts
for the year ended 31 October 2023
JD Grant Plumbing & Heating Limited
Unaudited accounts
Contents
JD Grant Plumbing & Heating Limited
Company Information
for the year ended 31 October 2023
Company Number
12917927 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
JD Grant Plumbing & Heating Limited
Accountants' report
Accountants' report to the director of JD Grant Plumbing & Heating Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
JD Grant Plumbing & Heating Limited for the year ended
31 October 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JD Grant Plumbing & Heating Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JD Grant Plumbing & Heating Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JD Grant Plumbing & Heating Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JD Grant Plumbing & Heating Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JD Grant Plumbing & Heating Limited. You consider that JD Grant Plumbing & Heating Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JD Grant Plumbing & Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
28 February 2024
JD Grant Plumbing & Heating Limited
Statement of financial position
as at 31 October 2023
Intangible assets
7,700
8,800
Tangible assets
35,495
11,465
Cash at bank and in hand
25,689
22,135
Creditors: amounts falling due within one year
(60,695)
(40,682)
Net current liabilities
(25,444)
(18,547)
Total assets less current liabilities
17,751
1,718
Creditors: amounts falling due after more than one year
(13,681)
-
Called up share capital
100
100
Profit and loss account
3,970
1,618
Shareholders' funds
4,070
1,718
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 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 28 February 2024 and were signed on its behalf by
Jason Grant
Director
Company Registration No. 12917927
JD Grant Plumbing & Heating Limited
Notes to the Accounts
for the year ended 31 October 2023
JD Grant Plumbing & Heating Limited is a private company, limited by shares, registered in England and Wales, registration number 12917927. The registered office is 203 West Street , Fareham , Hampshire, PO16 0EN, 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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation
10% Straight line.
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:
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Intangible fixed assets
Goodwill
JD Grant Plumbing & Heating Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
13,142
1,139
14,281
At 31 October 2023
46,390
1,139
47,529
At 1 November 2022
2,317
499
2,816
Charge for the year
9,221
160
9,381
At 31 October 2023
11,375
659
12,034
At 31 October 2023
35,015
480
35,495
At 31 October 2022
10,825
640
11,465
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,654
-
Trade creditors
23,715
4,248
Taxes and social security
6,552
7,732
Loans from directors
23,300
19,832
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
13,681
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
JD Grant Plumbing & Heating Limited
Notes to the Accounts
for the year ended 31 October 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
(19,832)
(28,327)
(24,859)
(23,300)
(19,832)
(28,327)
(24,859)
(23,300)
11
Average number of employees
During the year the average number of employees was 2 (2022: 2).