J S GILL LIMITED

Company Registration Number:
09458442 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

J S GILL LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

J S GILL LIMITED

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

Freight transport by road



Directors

The director shown below has held office during the whole of the period from
1 May 2023 to 30 April 2024

Jaswinder Singh gill


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 August 2024

And signed on behalf of the board by:
Name: Jaswinder Singh gill
Status: Director

J S GILL LIMITED

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 1,493,150 865,479
Cost of sales: ( 428,820 ) ( 359,376 )
Gross profit(or loss): 1,064,330 506,103
Distribution costs: 0 0
Administrative expenses: ( 957,338 ) ( 442,264 )
Operating profit(or loss): 106,992 63,839
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 106,992 63,839
Tax: 0 0
Profit(or loss) for the financial year: 106,992 63,839

J S GILL LIMITED

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 920,244 709,667
Investments:   0 0
Total fixed assets: 920,244 709,667
Current assets
Debtors: 4 193,290 231,125
Cash at bank and in hand: 0 442
Investments:   0 0
Total current assets: 193,290 231,567
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 346,025 ) ( 316,413 )
Net current assets (liabilities): (152,735) (84,846)
Total assets less current liabilities: 767,509 624,821
Creditors: amounts falling due after more than one year: 6 ( 587,195 ) ( 531,171 )
Total net assets (liabilities): 180,314 93,650
Capital and reserves
Called up share capital: 100 100
Other reserves: 93,550 41,840
Profit and loss account: 86,664 51,710
Total Shareholders' funds: 180,314 93,650

The notes form part of these financial statements

J S GILL LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 6 August 2024
and signed on behalf of the board by:

Name: Jaswinder Singh gill
Status: Director

The notes form part of these financial statements

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed asset are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and equipment 25% straight line Fixture and fittings Enter depreciation rate via statDB - cd77 Freehold land and buildings Enter depreciation rate via statDB - cd74

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 7

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 37,015 1,006,382 1,043,397
Additions 336,584 336,584
Disposals
Revaluations
Transfers
At 30 April 2024 37,015 1,342,966 1,379,981
Depreciation
At 1 May 2023 1,480 332,250 333,730
Charge for year 740 125,267 126,007
On disposals
Other adjustments
At 30 April 2024 2,220 457,517 459,737
Net book value
At 30 April 2024 34,795 885,449 920,244
At 30 April 2023 35,535 674,132 709,667

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 141,644 231,125
Other debtors 51,646
Total 193,290 231,125

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 96,689 5,519
Trade creditors 0 0
Taxation and social security 20,328 12,058
Accruals and deferred income 0 0
Other creditors 229,008 298,836
Total 346,025 316,413

J S GILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 283,889 132,494
Other creditors 303,306 398,677
Total 587,195 531,171