Company Registration No. 7073398 (England and Wales)
JSVM Limited
Unaudited accounts
for the year ended 31 December 2023
JSVM Limited
Unaudited accounts
Contents
JSVM Limited
Company Information
for the year ended 31 December 2023
Company Number
7073398 (England and Wales)
Registered Office
23a Dawkins Road
Poole
Dorset
BH15 4JY
JSVM Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,682
2,020
Cash at bank and in hand
81,239
35,811
Creditors: amounts falling due within one year
(50,452)
(41,283)
Net current assets
236,493
199,459
Total assets less current liabilities
238,175
201,479
Creditors: amounts falling due after more than one year
(10,925)
(16,412)
Provisions for liabilities
Net assets
226,980
184,562
Called up share capital
1
1
Profit and loss account
226,979
184,561
Shareholders' funds
226,980
184,562
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 13 March 2024 and were signed on its behalf by
David Manston
Director
Company Registration No. 7073398
JSVM Limited
Notes to the Accounts
for the year ended 31 December 2023
JSVM Limited is a private company, limited by shares, registered in England and Wales, registration number 7073398. The registered office is 23a Dawkins Road, Poole, Dorset, BH15 4JY.
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.
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
3 Years Straight Line
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax, in respect of services rendered.
JSVM Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment
At 31 December 2023
11,687
At 31 December 2023
10,005
Amounts falling due within one year
Trade debtors
41,079
47,636
Other debtors
164,627
157,295
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,014
6,014
Taxes and social security
34,626
32,961
Loans from directors
2,303
192
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).