Company registration number 08304826 (England and Wales)
JVS PRODUCTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
JVS PRODUCTS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
3,254
4,287
Current assets
645,568
471,602
Prepayments and accrued income
2,614
-
0
Creditors: amounts falling due within one year
(2,214,224)
(1,752,748)
Net current liabilities
(1,566,042)
(1,281,146)
Total assets less current liabilities
(1,562,788)
(1,276,859)
Net liabilities
(1,562,788)
(1,276,859)
Capital and reserves
(1,562,788)
(1,276,859)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies

 

Amounts not provided for in the balance sheet

 

At the reporting end date the company had an outstanding commitment for future minimum lease payments under non-cancellable operating leases of £380.

 

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2022
2021
Number
Number
Employees
2
2
3
Going concern

At the time of approving the financial statements, the directors have assessed the working capital needs of the company and conculded it has adequate resources to continue in operational existence for the foreseeable future and will be able to meet all liabilities as they fall due. The directors have agreed to continue to support the company by providing loans as required. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

JVS Products Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lulworth Close, Chandlers Ford, Southampton, Eastleigh, Hampshire, United Kingdom, SO53 3TL.

For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

JVS PRODUCTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022
31 December 2022
- 2 -

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 March 2024 and are signed on its behalf by:
Mr R Scoones
Director
Company registration number 08304826 (England and Wales)
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