2023-01-01 04294170 2023-12-31 04294170 2023-01-01 2023-12-31 04294170 2022-12-31 04294170 2022-01-01 2022-12-31 04294170 uk-core:WithinOneYear 2022-12-31 04294170 uk-core:WithinOneYear 2023-12-31 04294170 uk-core:AfterOneYear 2022-12-31 04294170 uk-core:AfterOneYear 2023-12-31 04294170 uk-core:ShareCapital 2023-12-31 04294170 uk-core:ShareCapital 2022-12-31 04294170 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04294170 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 04294170 uk-bus:Director1 2023-01-01 2023-12-31 04294170 uk-core:Goodwill 2022-12-31 04294170 uk-core:Goodwill 2023-12-31 04294170 uk-core:FurnitureFittingsToolsEquipment 2022-12-31 04294170 uk-core:MotorVehicles 2022-12-31 04294170 uk-core:PlantMachinery 2022-12-31 04294170 uk-core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 04294170 uk-core:MotorVehicles 2023-01-01 2023-12-31 04294170 uk-core:PlantMachinery 2023-01-01 2023-12-31 04294170 uk-core:PlantMachinery 2023-12-31 04294170 uk-core:MotorVehicles 2023-12-31 04294170 uk-core:FurnitureFittingsToolsEquipment 2023-12-31 04294170 uk-core:WithinOneYear uk-core:Secured 2023-12-31 04294170 uk-core:WithinOneYear uk-core:Secured 2022-12-31 iso4217:GBP xbrli:pure 04294170 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04294170 uk-bus:FRS102 2023-01-01 2023-12-31 04294170 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 04294170 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Jel Electrical Limited
Registered Number:04294170
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Jel Electrical Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04294170
As at 31 December 2023
Jel Electrical Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
70,282
46,560
3
70,282
46,560
Current assets
Inventories
31,500
15,679
4
Trade and other receivables
344,799
138,588
5
79,878
Cash and cash equivalents
248,005
402,272
456,177
Trade and other payables: amounts falling due within one
year
(62,411)
(44,841)
6
393,766
357,431
Net current assets
Total assets less current liabilities
427,713
440,326
Trade and other payables: amounts falling due after more
than one year
(35,571)
(24,923)
7
402,790
Net assets
404,755
Capital and reserves
Called up share capital
100
100
Retained earnings
402,690
404,655
402,790
404,755
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Colin Mark Jervis Director
These financial statements were approved and authorised for issue by the Board on 18 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Jel Electrical Limited
Notes to the Financial Statements
Statutory Information
Jel Electrical Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04294170.
Registered address:
Holt Buildings Holt Road
Higher Tranmere
Birkenhead
Wirral
CH41 9EW
The presentation currency is £ sterling.
The revenue shown in the Income Statement represents the amounts invoiced during the year, exclusive of Value
Added Tax, where applicable.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Foreign currencies
Transactions in foreign currencies are recorded at the rate of exchange ruling at the balance sheet date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 January 2023
10,000
At 31 December 2023
10,000
Amortisation
At 01 January 2023
10,000
At 31 December 2023
10,000
Net book value
At 31 December 2023
-
At 31 December 2022
-
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5
For the year ended 31 December 2023
Jel Electrical Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Fittings &
Equipment
Motor Vehicles
Plant, Tools &
Equipment
£
£
£
£
Cost or
valuation
At 01 January 2023
179,903
81,579
51,600
46,724
43,979
1,259
39,500
3,220
Additions
-
(4,200)
-
Disposals
(4,200)
At 31 December 2023
49,944
86,900
82,838
219,682
Provision for depreciation and impairment
At 01 January 2023
133,343
72,943
18,704
41,696
Charge for year
17,569
1,979
13,941
1,649
(1,512)
-
(1,512)
-
On disposal
At 31 December 2023
149,400
74,922
31,133
43,345
At 31 December 2023
Net book value
6,599
55,767
7,916
70,282
At 31 December 2022
5,028
32,896
8,636
46,560
1
4. Inventories
2022
2023
£
£
Stocks
15,679
31,500
5. Trade and other receivables
2022
2023
£
£
Trade debtors
41,924
126,589
Other debtors
96,664
218,210
344,799
138,588
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6
For the year ended 31 December 2023
Jel Electrical Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
9,698
9,698
Trade creditors
15,718
19,927
Taxation and social security
16,413
25,230
Other creditors
3,012
7,556
44,841
62,411
7. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
24,923
35,571
8. Related party transactions
The company received payments for expenses totalling £20464.19 (2022 Paid: £19523) for J.E. Property
Developments Limited. There is a balance of £19718 (2022: £40,183) remaining at the year end which is disclosed
within debtors.
The company paid expenses totaling £126,994 (2022: £444) on behalf of Tooli Ltd resulting in a balance of £0 (2022:
£126,994) at the year end which is disclosed within debtors.
The company paid expenses totaling £0 (2022: £0) on behalf of JEL Renewables Ltd resulting in a balance of
£10650 (2022: £10650) at the year end which is disclosed within debtors.
9. Average number of persons employed
During the year the average number of employees was 8 (2022 : 8)
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