Company Registration No. 13765199 (England and Wales)
JP Percussion Limited
Unaudited accounts
for the year ended 30 November 2023
JP Percussion Limited
Unaudited accounts
Contents
JP Percussion Limited
Company Information
for the year ended 30 November 2023
Director
John-Paul Courtney
Company Number
13765199 (England and Wales)
Registered Office
108 Hall Mead
Letchworth Garden City
Hertfordshire
SG6 0BJ
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
JP Percussion Limited
Statement of financial position
as at 30 November 2023
Tangible assets
11,410
13,470
Cash at bank and in hand
16,075
3,520
Creditors: amounts falling due within one year
(42,666)
(30,550)
Net current liabilities
(3,818)
(4,257)
Called up share capital
1
1
Profit and loss account
7,591
9,212
Shareholders' funds
7,592
9,213
For the year ending 30 November 2023 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 18 August 2024 and were signed on its behalf by
John-Paul Courtney
Director
Company Registration No. 13765199
JP Percussion Limited
Notes to the Accounts
for the year ended 30 November 2023
JP Percussion Limited is a private company, limited by shares, registered in England and Wales, registration number 13765199. The registered office is 108 Hall Mead, Letchworth Garden City, Hertfordshire, SG6 0BJ, England.
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% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
17,960
-
17,960
At 30 November 2023
17,960
1,427
19,387
At 1 December 2022
4,490
-
4,490
Charge for the year
3,368
119
3,487
At 30 November 2023
7,858
119
7,977
At 30 November 2023
10,102
1,308
11,410
At 30 November 2022
13,470
-
13,470
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,836
3,207
Loans from directors
34,779
27,115
JP Percussion Limited
Notes to the Accounts
for the year ended 30 November 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(27,115)
(19,565)
(11,900)
(34,780)
(27,115)
(19,565)
(11,900)
(34,780)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).