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REGISTERED NUMBER: 11620427 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Jcm Cable Installations Ltd

Jcm Cable Installations Ltd (Registered number: 11620427)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jcm Cable Installations Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: C Johnson
B Matthews





SECRETARY:





REGISTERED OFFICE: Jcm Cable Installations Ltd
67a Middle Street
Blackhall
Hartlepool
TS27 4ED





REGISTERED NUMBER: 11620427 (England and Wales)





ACCOUNTANTS: Switch Accountants
Switch House
City West Business Park
St John's Road
Meadowfield
Durham
DH7 8ER

Jcm Cable Installations Ltd (Registered number: 11620427)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 106,433 72,369

CURRENT ASSETS
Stocks 52,598 52,598
Debtors 5 608,746 451,035
Cash at bank and in hand 176,498 165,283
837,842 668,916
CREDITORS
Amounts falling due within one year 6 445,165 151,699
NET CURRENT ASSETS 392,677 517,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

499,110

589,586

CREDITORS
Amounts falling due after more than one
year

7

71,392

67,548
NET ASSETS 427,718 522,038

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 427,712 522,032
427,718 522,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2024 and were signed on its behalf by:




C Johnson - Director



B Matthews - Director


Jcm Cable Installations Ltd (Registered number: 11620427)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Jcm Cable Installations Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 15 ) .

Jcm Cable Installations Ltd (Registered number: 11620427)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 - - 85,930 7,001 92,931
Additions 5,843 1,714 54,000 7,985 69,542
At 31 October 2023 5,843 1,714 139,930 14,986 162,473
DEPRECIATION
At 1 November 2022 - - 19,148 1,414 20,562
Charge for year 1,461 429 30,195 3,393 35,478
At 31 October 2023 1,461 429 49,343 4,807 56,040
NET BOOK VALUE
At 31 October 2023 4,382 1,285 90,587 10,179 106,433
At 31 October 2022 - - 66,782 5,587 72,369

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 233,618 185,457
Other debtors 373,796 45,341
VAT - 94
Prepayments and accrued income 1,332 220,143
608,746 451,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 9,823
Hire purchase contracts 33,232 19,733
Trade creditors 121,932 96,334
Amounts owed to group undertakings 210,631 -
Tax 31,058 -
Social security and other taxes 16,157 9,508
VAT 4,747 -
Pension liability 1,080 768
Credit card 13,944 12,784
Directors' current accounts 521 521
Accrued expenses 1,863 2,228
445,165 151,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 10,000 10,071
Bank loans - 2-5 years 7,500 17,603
Hire purchase contracts 53,892 39,874
71,392 67,548