J & A Utilities Limited 06873042 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is gas utility installation Digita Accounts Production Advanced 6.30.9574.0 true true 06873042 2022-04-01 2023-03-31 06873042 2023-03-31 06873042 bus:OrdinaryShareClass1 2023-03-31 06873042 bus:OrdinaryShareClass2 2023-03-31 06873042 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06873042 bus:SmallEntities 2022-04-01 2023-03-31 06873042 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06873042 bus:FullAccounts 2022-04-01 2023-03-31 06873042 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06873042 bus:RegisteredOffice 2022-04-01 2023-03-31 06873042 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 06873042 bus:Director2 2022-04-01 2023-03-31 06873042 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 06873042 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 06873042 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06873042 countries:England 2022-04-01 2023-03-31 06873042 2021-04-01 2022-03-31 06873042 2022-03-31 06873042 bus:OrdinaryShareClass1 2022-03-31 06873042 bus:OrdinaryShareClass2 2022-03-31 06873042 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06873042 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 06873042 bus:OrdinaryShareClass2 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06873042

J & A Utilities Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

J & A Utilities Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

J & A Utilities Limited

Company Information

Directors

James Arbery

Amber Michelle Arbery

Company secretary

James Arbery

Registered office

Silver Rose Unit 21
East Lodge Village
East Lodge Lane
Enfield
EN2 8AS

Accountants

Paul Winston Limited
Chartered Accountants
Silver Rose Unit 21
East Lodge Village
East Lodge Lane
Enfield
EN2 8AS

 

J & A Utilities Limited

(Registration number: 06873042)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

30,185

17,475

Cash at bank and in hand

 

1,132

34,109

 

31,317

51,584

Creditors: Amounts falling due within one year

5

(10,491)

(26,387)

Net assets

 

20,826

25,197

capital and reserves

 

Called up share capital

6

100

100

Profit and loss account

20,726

25,097

Shareholders' funds

 

20,826

25,197

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 April 2024 and signed on its behalf by:
 

.........................................
James Arbery
Company secretary and director

 

J & A Utilities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Silver Rose Unit 21
East Lodge Village
East Lodge Lane
Enfield
EN2 8AS

These financial statements were authorised for issue by the Board on 5 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

J & A Utilities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Debtors

Current

2023
£

2022
£

Trade debtors

(4,023)

2,864

Other debtors

34,208

14,611

 

30,185

17,475

 

J & A Utilities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Other creditors

 

10,267

26,387

Directors' loan accounts

 

224

-

 

10,491

26,387

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary J of £1 each

50

50

50

50

Ordinary A of £1 each

50

50

50

50

 

100

100

100

100

7

Dividends

Interim dividends paid

   

2023
£

 

2022
£

Interim dividend of £54.00 (2022 - £102.00) per each Ordinary J

 

2,700

 

5,100

Interim dividend of £54.00 (2022 - £102.00) per each Ordinary A

 

2,700

 

5,100

   

5,400

 

10,200

8

Related party transactions

 

J & A Utilities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Remuneration

23,712

18,818