Company Registration No. 12778123 (England and Wales)
JB QUICK SERVICES LIMITED
Unaudited accounts
for the year ended 31 July 2023
JB QUICK SERVICES LIMITED
Statement of financial position
as at 31 July 2023
Tangible assets
10,488
7,790
Cash at bank and in hand
925,716
506,684
Creditors: amounts falling due within one year
(174,659)
(126,578)
Net current assets
854,402
380,106
Net assets
864,890
387,896
Called up share capital
100
100
Profit and loss account
864,790
387,796
Shareholders' funds
864,890
387,896
For the year ending 31 July 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 14 February 2024 and were signed on its behalf by
Ishtiaq Hussain
Director
Company Registration No. 12778123
JB QUICK SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2023
JB QUICK SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12778123. The registered office is 1 HAINGE ROAD, OLDBURY, BIRMINGHAM, B69 2NR, 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.
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% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
JB QUICK SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,043
1,043
Taxes and social security
113,817
95,563
Other creditors
395
13,091
Loans from directors
(4,448)
-
7
Average number of employees
During the year the average number of employees was 8 (2022: 8).