Company Registration No. 13209479 (England and Wales)
JS Trading and Investing Limited
Unaudited accounts
for the year ended 31 March 2024
JS Trading and Investing Limited
Statement of financial position
as at 31 March 2024
Tangible assets
18,517
7,619
Cash at bank and in hand
(2,248)
557
Creditors: amounts falling due within one year
(24,667)
(10,824)
Net current liabilities
(22,255)
(10,241)
Total assets less current liabilities
4,272
5,188
Creditors: amounts falling due after more than one year
(1,920)
(4,476)
Profit and loss account
2,352
712
Shareholders' funds
2,352
712
For the year ending 31 March 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 8 July 2024 and were signed on its behalf by
J Spiers
Director
Company Registration No. 13209479
JS Trading and Investing Limited
Notes to the Accounts
for the year ended 31 March 2024
JS Trading and Investing Limited is a private company, limited by shares, registered in England and Wales, registration number 13209479. The registered office is 59B Norfolk Road, Littlehampton, BN17 5HE.
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 year, 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
25% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
731
7,495
8,226
At 31 March 2024
731
22,490
23,221
At 1 April 2023
107
500
607
Charge for the year
182
3,915
4,097
At 31 March 2024
289
4,415
4,704
At 31 March 2024
442
18,075
18,517
At 31 March 2023
624
6,995
7,619
JS Trading and Investing Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
7,810
Valuation at 31 March 2024
8,010
Amounts falling due within one year
Amounts due from group undertakings etc.
4,100
-
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,249
1,249
Taxes and social security
643
88
Loans from directors
17,255
9,487
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,920
4,476
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).