Company Registration No. 11825601 (England and Wales)
JAMS ELECTRICAL LTD
Unaudited accounts
for the year ended 29 February 2024
JAMS ELECTRICAL LTD
Unaudited accounts
Contents
JAMS ELECTRICAL LTD
Company Information
for the year ended 29 February 2024
Company Number
11825601 (England and Wales)
Registered Office
4 WALLIS PARK
NORTHFLEET
GRAVESEND
DA11 9DN
ENGLAND
Accountants
AMB ACCOUNTANTS & CONSULTANCY SERVICES (UK) LIMITED
3 ST CLEMENTS ROAD
GREENHITHE
KENT
UNITED KINGDOM
DA9 9FG
JAMS ELECTRICAL LTD
Statement of financial position
as at 29 February 2024
Tangible assets
2,670
3,958
Cash at bank and in hand
-
349
Creditors: amounts falling due within one year
(2,268)
(1,208)
Net current assets
2,046
2,521
Called up share capital
1
1
Profit and loss account
8,943
10,706
Shareholders' funds
8,944
10,707
For the year ending 29 February 2024 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 30 March 2024 and were signed on its behalf by
Mr JACOB MINGLE
Director
Company Registration No. 11825601
JAMS ELECTRICAL LTD
Notes to the Accounts
for the year ended 29 February 2024
JAMS ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11825601. The registered office is 4 WALLIS PARK, NORTHFLEET, GRAVESEND, DA11 9DN, ENGLAND.
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.
The dividend payment to shareholder during the period is £11,428.00
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
18% on Reducing Balance
Computer equipment
25% on Straight Line Method
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
5,154
2,804
7,958
At 29 February 2024
5,154
2,804
7,958
At 1 March 2023
1,897
2,103
4,000
Charge for the year
587
701
1,288
At 29 February 2024
2,484
2,804
5,288
At 29 February 2024
2,670
-
2,670
At 28 February 2023
3,257
701
3,958
JAMS ELECTRICAL LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Investments
Other investments
Valuation at 1 March 2023
4,228
Valuation at 29 February 2024
4,228
Amounts falling due within one year
Accrued income and prepayments
4,314
3,380
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,268
1,208
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2023: 1).