Company Registration No. 11804857 (England and Wales)
The Jag Centre Ltd
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
The Jag Centre Ltd
Unaudited accounts
Contents
The Jag Centre Ltd
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
11804857 (England and Wales)
Registered Office
111 Buxton Road
Spixworth
NORWICH
NR10 3PW
ENGLAND
Accountants
Accounting 4 Ltd
47 Eshlands Brook
Monk Bretton
Barnsley
S71 5SH
The Jag Centre Ltd
Statement of financial position
as at 28 February 2024
Tangible assets
1,407
1,401
Cash at bank and in hand
3,732
8,315
Creditors: amounts falling due within one year
(24,238)
(25,833)
Net current liabilities
(19,088)
(16,100)
Total assets less current liabilities
(17,681)
(14,699)
Creditors: amounts falling due after more than one year
8,877
5,908
Net liabilities
(8,804)
(8,791)
Called up share capital
1
1
Profit and loss account
(8,805)
(8,792)
Shareholders' funds
(8,804)
(8,791)
For the period ending 28 February 2024 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 2 April 2024 and were signed on its behalf by
James Ellis
Director
Company Registration No. 11804857
The Jag Centre Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
The Jag Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 11804857. The registered office is 111 Buxton Road, Spixworth, NORWICH, NR10 3PW, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
729
608
415
1,752
At 28 February 2024
729
608
773
2,110
At 1 March 2023
146
122
83
351
Charge for the period
117
97
138
352
At 28 February 2024
263
219
221
703
At 28 February 2024
466
389
552
1,407
At 28 February 2023
583
486
332
1,401
The Jag Centre Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,020
2,020
Other creditors
(11,513)
(11,514)
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(41,013)
(49,206)
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).