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REGISTERED NUMBER: 00855250 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st December 2023

for

J.P. Aero-Com Engineering Co. Limited

J.P. Aero-Com Engineering Co. Limited (Registered number: 00855250)






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




Page

Company information 1

Abridged statement of financial position 2

Notes to the financial statements 4


J.P. Aero-Com Engineering Co. Limited

Company Information
for the Year Ended 31st December 2023







Directors: Mr J E Ward
Mrs J E Ward
Mr L T Ward





Secretary: Mrs J E Ward





Registered office: Station Approach
Cherry Tree Rise
Buckhurst Hill
Essex
IG9 6EY





Registered number: 00855250 (England and Wales)





Accountants: Cooper Paul
Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX

J.P. Aero-Com Engineering Co. Limited (Registered number: 00855250)

Abridged Statement of Financial Position
31st December 2023

2023 2022
Notes £    £   
Fixed assets
Tangible assets 4 41,699 5,150

Current assets
Stocks 132,346 131,062
Debtors 529,936 383,854
Cash at bank and in hand 231,766 26,047
894,048 540,963
Creditors
Amounts falling due within one year (783,224 ) (381,794 )
Net current assets 110,824 159,169
Total assets less current liabilities 152,523 164,319

Capital and reserves
Called up share capital 10,010 10,010
Retained earnings 142,513 154,309
Shareholders' funds 152,523 164,319

J.P. Aero-Com Engineering Co. Limited (Registered number: 00855250)

Abridged Statement of Financial Position - continued
31st December 2023


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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income statement and an abridged Statement of financial position for the year ended 31st December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th September 2024 and were signed on its behalf by:





Mr J E Ward - Director


J.P. Aero-Com Engineering Co. Limited (Registered number: 00855250)

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

1. Statutory information

J.P. Aero-Com Engineering Co. 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 33% on reducing balance and 10% 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 Income Statement, 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 statement of financial position date.

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 9 (2022 - 8 ) .

J.P. Aero-Com Engineering Co. Limited (Registered number: 00855250)

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

4. Tangible fixed assets
Totals
£   
Cost
At 1st January 2023 132,657
Additions 42,850
At 31st December 2023 175,507
Depreciation
At 1st January 2023 127,507
Charge for year 6,301
At 31st December 2023 133,808
Net book value
At 31st December 2023 41,699
At 31st December 2022 5,150