JOULE ENGINEERING SERVICES LIMITED

Company Registration Number:
03815808 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

JOULE ENGINEERING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

JOULE ENGINEERING SERVICES LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Johnnie Smith
Registered office: Unit 1 Harropwell Lane
Harropwell Lane
Pontefract
England
WF8 1QY
Company Registration Number: 03815808 (England and Wales)

JOULE ENGINEERING SERVICES LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 3,317 3,870
Total fixed assets: 3,317 3,870
Current assets
Debtors: 6 11,000 600
Cash at bank and in hand: 28,184 28,052
Total current assets: 39,184 28,652
Creditors: amounts falling due within one year: 7 ( 24,668 ) ( 12,398 )
Net current assets (liabilities): 14,516 16,254
Total assets less current liabilities: 17,833 20,124
Provision for liabilities: ( 1,315 ) ( 1,315 )
Total net assets (liabilities): 16,518 18,809

The notes form part of these financial statements

JOULE ENGINEERING SERVICES LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 16,418 18,709
Shareholders funds: 16,518 18,809

For the year ending 31 July 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.

This report was approved by the board of directors on 21 September 2024
And Signed On Behalf Of The Board By:

Name: Johnnie Smith
Status: Director

The notes form part of these financial statements

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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

    Turnover policy

    Turnover represents invoiced sales net of Valued Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of tangible fixed assets over the expected useful lives of the assets concerned, which are principally as follows:-
    Freehold property: 2% straight line
    Computer equipment: 25% on reducing basis
    Office and other equipment: 15% on reducing basis
    Motor vehicles: 25% on reducing basis

    Other accounting policies

    Cash flow - The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the financial reporting standard for smaller entities (effective April 2008). Deferred taxation - Provision is made at current rates for taxation deferred as a respect of all material timing differences except to the extent that, in the opinion of the directors, there is a reasonable probability that a liability will not arise in the foreseeable future. Pension costs - The company operates a pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Dividends


2024
£

2023
£
Dividends paid 10,000 10,000

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible assets

Fixtures & fittings Motor vehicles Total
Cost £ £ £
At 01 August 2023 4,325 10,995 15,320
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2024 4,325 10,995 15,320
Depreciation
At 01 August 2023 625 10,825 11,450
Charge for year 535 18 553
On disposals - - -
Other adjustments - - -
At 31 July 2024 1,160 10,843 12,003
Net book value
At 31 July 2024 3,165 152 3,317
At 31 July 2023 3,700 170 3,870

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Debtors


2024
£

2023
£
Prepayments and accrued income 11,000 600
Total 11,000 600

JOULE ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 21,893 10,443
Taxation and social security 1,980 1,177
Accruals and deferred income 795 778
Total 24,668 12,398