JACOB & ASSOCIATES LTD

Company Registration Number:
05124785 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

JACOB & ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes

JACOB & ASSOCIATES LTD

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 870 1,250
Total fixed assets: 870 1,250
Current assets
Debtors: 4 2,778 3,778
Cash at bank and in hand: 28,747 27,940
Total current assets: 31,525 31,718
Creditors: amounts falling due within one year: 5 ( 12,512 ) ( 14,689 )
Net current assets (liabilities): 19,013 17,029
Total assets less current liabilities: 19,883 18,279
Provision for liabilities: ( 165 ) ( 237 )
Total net assets (liabilities): 19,718 18,042
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 19,717 18,041
Total Shareholders' funds: 19,718 18,042

The notes form part of these financial statements

JACOB & ASSOCIATES LTD

Balance sheet statements

For the year ending 31 May 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: K arlJacob
Status: Director

The notes form part of these financial statements

JACOB & ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 May 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

    Office equipment - 15% Straight Line

JACOB & ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

JACOB & ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 3,703 3,703
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 3,703 3,703
Depreciation
At 1 June 2023 2,453 2,453
Charge for year 380 380
On disposals
Other adjustments
At 31 May 2024 2,833 2,833
Net book value
At 31 May 2024 870 870
At 31 May 2023 1,250 1,250

JACOB & ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,778 3,778
Total 2,778 3,778

JACOB & ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 3,575 4,625
Accruals and deferred income 6,285 6,335
Other creditors 2,652 3,729
Total 12,512 14,689