IRIS Accounts Production v24.2.0.383 04974789 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049747892022-12-31049747892023-12-31049747892023-01-012023-12-31049747892021-12-31049747892022-01-012022-12-31049747892022-12-3104974789ns15:EnglandWales2023-01-012023-12-3104974789ns14:PoundSterling2023-01-012023-12-3104974789ns10:Director12023-01-012023-12-3104974789ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104974789ns10:SmallEntities2023-01-012023-12-3104974789ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104974789ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104974789ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104974789ns10:FullAccounts2023-01-012023-12-3104974789ns10:Director22023-01-012023-12-3104974789ns10:CompanySecretary12023-01-012023-12-3104974789ns10:RegisteredOffice2023-01-012023-12-3104974789ns5:CurrentFinancialInstruments2023-12-3104974789ns5:CurrentFinancialInstruments2022-12-3104974789ns5:ShareCapital2023-12-3104974789ns5:ShareCapital2022-12-3104974789ns5:RetainedEarningsAccumulatedLosses2023-12-3104974789ns5:RetainedEarningsAccumulatedLosses2022-12-3104974789ns5:FurnitureFittings2023-01-012023-12-3104974789ns5:MotorVehicles2023-01-012023-12-3104974789ns5:FurnitureFittings2022-12-3104974789ns5:MotorVehicles2022-12-3104974789ns5:FurnitureFittings2023-12-3104974789ns5:MotorVehicles2023-12-3104974789ns5:FurnitureFittings2022-12-3104974789ns5:MotorVehicles2022-12-3104974789ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104974789ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 04974789 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

J T Mechanical Services Limited

J T Mechanical Services Limited (Registered number: 04974789)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J T Mechanical Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms E L Hickmott
J L Smith





SECRETARY: J L Smith





REGISTERED OFFICE: 4 The Courtyard
Holmsted Farm
Staplefield Road
Haywards Heath
RH17 5JF





REGISTERED NUMBER: 04974789 (England and Wales)





ACCOUNTANTS: Warren House Accountants Limited
4 The Courtyard
Holmsted Farm
Staplefield Road
Haywards Heath
RH17 5JF

J T Mechanical Services Limited (Registered number: 04974789)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,511 12,785

CURRENT ASSETS
Stocks 7,500 18,000
Debtors 5 273,905 285,631
Cash at bank 400,323 371,056
681,728 674,687
CREDITORS
Amounts falling due within one year 6 111,188 95,683
NET CURRENT ASSETS 570,540 579,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

654,051

591,789

PROVISIONS FOR LIABILITIES 20,878 2,429
NET ASSETS 633,173 589,360

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 633,073 589,260
633,173 589,360

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

J T Mechanical Services Limited (Registered number: 04974789)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:





J L Smith - Director


J T Mechanical Services Limited (Registered number: 04974789)

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

1. STATUTORY INFORMATION

J T Mechanical Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the
goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be
measured reliably, it is probable that the economic benefits associated with the transaction will flow to the
entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

J T Mechanical Services Limited (Registered number: 04974789)

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

2. ACCOUNTING POLICIES - continued

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 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2023 35,481 3,700 39,181
Additions 371 99,547 99,918
At 31 December 2023 35,852 103,247 139,099
DEPRECIATION
At 1 January 2023 22,852 3,544 26,396
Charge for year 4,149 25,043 29,192
At 31 December 2023 27,001 28,587 55,588
NET BOOK VALUE
At 31 December 2023 8,851 74,660 83,511
At 31 December 2022 12,629 156 12,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 220,543 186,826
Other debtors 53,362 98,805
273,905 285,631

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 29,616 22,186
Taxation and social security 70,099 60,704
Other creditors 11,473 12,793
111,188 95,683

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The Director J Smith was owed 2023 £8,560 (2022 £10,293) by the Company at the year end. The amount was interest free and repayable on demand.