Company Registration No. 12019545 (England and Wales)
JB FABRICATION SERVICES LTD
Unaudited accounts
for the year ended 31 May 2024
JB FABRICATION SERVICES LTD
Unaudited accounts
Contents
JB FABRICATION SERVICES LTD
Company Information
for the year ended 31 May 2024
Company Number
12019545 (England and Wales)
Registered Office
5 Clydesdale Rise
Bradwell
Gt Yarmouth
NR31 9UG
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
JB FABRICATION SERVICES LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
9,461
12,495
Creditors: amounts falling due within one year
(8,148)
(9,135)
Net current assets
1,313
5,781
Called up share capital
2
2
Profit and loss account
3,013
6,108
Shareholders' funds
3,015
6,110
For the year ending 31 May 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 21 July 2024 and were signed on its behalf by
Jason Bilyard
Director
Company Registration No. 12019545
JB FABRICATION SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2024
JB FABRICATION SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12019545. The registered office is 5 Clydesdale Rise, Bradwell, Gt Yarmouth, NR31 9UG.
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
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
643
159
802
At 31 May 2024
1,443
1,158
2,601
Charge for the year
213
213
426
At 31 May 2024
593
306
899
At 31 May 2024
850
852
1,702
Amounts falling due within one year
JB FABRICATION SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,513
8,437
Accrued preference dividends
635
635
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).