Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 12527947 Mr James Bennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12527947 2022-03-31 12527947 2023-03-31 12527947 2022-04-01 2023-03-31 12527947 frs-core:CurrentFinancialInstruments 2023-03-31 12527947 frs-core:MotorVehicles 2023-03-31 12527947 frs-core:MotorVehicles 2022-04-01 2023-03-31 12527947 frs-core:MotorVehicles 2022-03-31 12527947 frs-core:PlantMachinery 2023-03-31 12527947 frs-core:PlantMachinery 2022-04-01 2023-03-31 12527947 frs-core:PlantMachinery 2022-03-31 12527947 frs-core:ShareCapital 2023-03-31 12527947 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 12527947 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12527947 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 12527947 frs-bus:SmallEntities 2022-04-01 2023-03-31 12527947 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12527947 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 12527947 frs-bus:Director1 2022-04-01 2023-03-31 12527947 frs-countries:EnglandWales 2022-04-01 2023-03-31 12527947 2021-03-31 12527947 2022-03-31 12527947 2021-04-01 2022-03-31 12527947 frs-core:CurrentFinancialInstruments 2022-03-31 12527947 frs-core:ShareCapital 2022-03-31 12527947 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 12527947
Jtb Electrical Glos Limited
Unaudited Financial Statements
For The Year Ended 31 March 2023
BG Accountancy Services Ltd
Independent Certified Practising Accountants
120 Queens Hill Crescent
Newport
NP20 5HF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12527947
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,244 3,366
8,244 3,366
Creditors: Amounts Falling Due Within One Year 5 (9,431 ) (1,530 )
NET CURRENT ASSETS (LIABILITIES) (9,431 ) (1,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,187 ) 1,836
NET (LIABILITIES)/ASSETS (1,187 ) 1,836
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (1,188 ) 1,835
SHAREHOLDERS' FUNDS (1,187) 1,836
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Bennett
Director
12/04/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Jtb Electrical Glos Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12527947 . The registered office is 22 Jubilee Close, Cam, Glos, GL11 5JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on cost
Motor Vehicles 20% on cost
3. Average Number of Employees
1Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2022 2,110 3,500 5,610
Additions - 7,500 7,500
As at 31 March 2023 2,110 11,000 13,110
Depreciation
As at 1 April 2022 844 1,400 2,244
Provided during the period 422 2,200 2,622
As at 31 March 2023 1,266 3,600 4,866
Net Book Value
As at 31 March 2023 844 7,400 8,244
As at 1 April 2022 1,266 2,100 3,366
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 450 450
Director's loan account 8,981 1,080
9,431 1,530
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 3