Registered number
09312457
J POWER PLUMBING & HEATING LTD
Filleted Accounts
30 November 2023
J POWER PLUMBING & HEATING LTD
Registered number: 09312457
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 7,544 9,200
Current assets
Debtors 4 12,000 -
Cash at bank and in hand 3,982 4,159
15,982 4,159
Creditors: amounts falling due within one year 5 (22,751) (13,217)
Net current liabilities (6,769) (9,058)
Net assets 775 142
Capital and reserves
Called up share capital 100 100
Profit and loss account 675 42
Shareholder's funds 775 142
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Joseph Power
Director
Approved by the board on 27 August 2024
J POWER PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 18% reducing balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 December 2022 20,350
At 30 November 2023 20,350
Depreciation
At 1 December 2022 11,150
Charge for the year 1,656
At 30 November 2023 12,806
Net book value
At 30 November 2023 7,544
At 30 November 2022 9,200
4 Debtors 2023 2022
£ £
Other debtors 12,000 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Director current account 13,735 2,057
Trade creditors - 358
Taxation and social security costs 8,491 10,277
Other creditors 525 525
22,751 13,217
6 Other information
J POWER PLUMBING & HEATING LTD is a private company limited by shares and incorporated in England. Its registered office is:
J POWER PLUMBING & HEATING LTD 09312457 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Joseph Power No description of principal activity 09312457 2021-12-01 2022-11-30 09312457 core:WithinOneYear 2022-11-30 09312457 core:ShareCapital 2022-11-30 09312457 core:RetainedEarningsAccumulatedLosses 2022-11-30 09312457 2022-12-01 2023-11-30 09312457 bus:RegisteredCharity 2022-12-01 2023-11-30 09312457 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09312457 bus:Director40 2022-12-01 2023-11-30 09312457 core:Vehicles 2022-12-01 2023-11-30 09312457 countries:England 2022-12-01 2023-11-30 09312457 bus:FRS102 2022-12-01 2023-11-30 09312457 bus:FilletedAccounts 2022-12-01 2023-11-30 09312457 2023-11-30 09312457 core:WithinOneYear 2023-11-30 09312457 core:ShareCapital 2023-11-30 09312457 core:RetainedEarningsAccumulatedLosses 2023-11-30 09312457 core:Vehicles 2023-11-30 09312457 2022-11-30 09312457 core:Vehicles 2022-11-30 iso4217:GBP xbrli:pure