JNC INSULATION LIMITED

Company Registration Number:
05454226 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

JNC INSULATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

JNC INSULATION LIMITED

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 2,000 3,000
Tangible assets: 4 64,712 60,232
Total fixed assets: 66,712 63,232
Current assets
Stocks: 44,542 27,190
Debtors:   142,072 138,070
Cash at bank and in hand: 143,104 157,150
Total current assets: 329,718 322,410
Creditors: amounts falling due within one year:   (115,933) (107,544)
Net current assets (liabilities): 213,785 214,866
Total assets less current liabilities: 280,497 278,098
Total net assets (liabilities): 280,497 278,098
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 280,495 278,096
Shareholders funds: 280,497 278,098

The notes form part of these financial statements

JNC INSULATION LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 April 2024
and signed on behalf of the board by:

Name: S Coldham
Status: Director

The notes form part of these financial statements

JNC INSULATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JNC INSULATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 8 6

JNC INSULATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Intangible Assets

Total
Cost £
At 01 September 2022 20,000
At 31 August 2023 20,000
Amortisation
At 01 September 2022 17,000
Charge for year 1,000
At 31 August 2023 18,000
Net book value
At 31 August 2023 2,000
At 31 August 2022 3,000

JNC INSULATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible Assets

Total
Cost £
At 01 September 2022 118,108
Additions 24,850
At 31 August 2023 142,958
Depreciation
At 01 September 2022 57,876
Charge for year 20,370
At 31 August 2023 78,246
Net book value
At 31 August 2023 64,712
At 31 August 2022 60,232