Company Registration No. 13788472 (England and Wales)
Joist Limited
Unaudited accounts
for the year ended 31 December 2023
Joist Limited
Unaudited accounts
Contents
Joist Limited
Company Information
for the year ended 31 December 2023
Company Number
13788472 (England and Wales)
Registered Office
BEAUMONT HOUSE
172 SOUTHGATE STREET
GLOUCESTER
GLOUCESTERSHIRE
GL1 2EZ
UNITED KINGDOM
Accountants
MAB Accountancy Hub Ltd
82 Station Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8HJ
Joist Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,911
2,171
Cash at bank and in hand
8
93
Creditors: amounts falling due within one year
(18,189)
(9,721)
Net current liabilities
(18,181)
(7,687)
Net liabilities
(16,270)
(5,516)
Called up share capital
100
100
Profit and loss account
(16,370)
(5,616)
Shareholders' funds
(16,270)
(5,516)
For the year ending 31 December 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 15 February 2024 and were signed on its behalf by
Martin Thorne
Director
Company Registration No. 13788472
Joist Limited
Notes to the Accounts
for the year ended 31 December 2023
Joist Limited is a private company, limited by shares, registered in England and Wales, registration number 13788472. The registered office is BEAUMONT HOUSE, 172 SOUTHGATE STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 2EZ, 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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
5 Years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Joist Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Deferred tax asset
-
1,917
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
17,501
8,460
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).