IRIS Accounts Production v24.2.0.383 06459382 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064593822022-12-31064593822023-12-31064593822023-01-012023-12-31064593822021-12-31064593822022-01-012022-12-31064593822022-12-3106459382ns15:EnglandWales2023-01-012023-12-3106459382ns14:PoundSterling2023-01-012023-12-3106459382ns10:Director12023-01-012023-12-3106459382ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106459382ns10:SmallEntities2023-01-012023-12-3106459382ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106459382ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106459382ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106459382ns10:FullAccounts2023-01-012023-12-3106459382ns5:CurrentFinancialInstruments2023-12-3106459382ns5:CurrentFinancialInstruments2022-12-3106459382ns5:Non-currentFinancialInstruments2023-12-3106459382ns5:Non-currentFinancialInstruments2022-12-3106459382ns5:ShareCapital2023-12-3106459382ns5:ShareCapital2022-12-3106459382ns5:RevaluationReserve2023-12-3106459382ns5:RevaluationReserve2022-12-3106459382ns5:RetainedEarningsAccumulatedLosses2023-12-3106459382ns5:RetainedEarningsAccumulatedLosses2022-12-3106459382ns10:RegisteredOffice2023-01-012023-12-3106459382ns5:ComputerEquipment2023-01-012023-12-3106459382ns5:ComputerEquipment2023-12-3106459382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3106459382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3106459382ns5:Secured2023-12-3106459382ns5:Secured2022-12-3106459382ns5:RevaluationReserve2022-12-31
REGISTERED NUMBER: 06459382 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

JY Services Limited

JY Services Limited (Registered number: 06459382)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


JY Services Limited (Registered number: 06459382)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 239 -
Investment property 5 185,000 185,000
185,239 185,000

CURRENT ASSETS
Debtors 6 8,250 -
Cash at bank 2,098 5
10,348 5
CREDITORS
Amounts falling due within one year 7 19,107 39,256
NET CURRENT LIABILITIES (8,759 ) (39,251 )
TOTAL ASSETS LESS CURRENT LIABILITIES 176,480 145,749

CREDITORS
Amounts falling due after more than one year 8 (107,134 ) (107,437 )

PROVISIONS FOR LIABILITIES (9,765 ) (7,376 )
NET ASSETS 59,581 30,936

CAPITAL AND RESERVES
Called up share capital 2 2
Non-distributable reserve 10 31,444 31,444
Retained earnings 28,135 (510 )
SHAREHOLDERS' FUNDS 59,581 30,936

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.

JY Services Limited (Registered number: 06459382)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





J M Yates - Director


JY Services Limited (Registered number: 06459382)

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

1. STATUTORY INFORMATION

JY Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06459382

Registered office: 12 Cambridge Close,
Biddulph
Stoke-On-Trent
Staffordshire
ST8 6UB

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JY Services Limited (Registered number: 06459382)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 319
At 31 December 2023 319
DEPRECIATION
Charge for year 80
At 31 December 2023 80
NET BOOK VALUE
At 31 December 2023 239

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 185,000
NET BOOK VALUE
At 31 December 2023 185,000
At 31 December 2022 185,000

The investment property was valued on a fair value basis on 31 December 2022 by the directors.

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2020 28,820
Valuation in 2021 5,000
Valuation in 2022 5,000
Cost 146,180
185,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,250 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 8,820 189
Other creditors 10,287 39,067
19,107 39,256

JY Services Limited (Registered number: 06459382)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 107,134 107,137
Other creditors - 300
107,134 107,437

Amounts falling due in more than five years:

Repayable by instalments
Mortgage - 10 Cambridge Close 107,134 107,137

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 107,134 107,137

The mortgage is secured against the company property.

10. RESERVES
Non-distributable
reserve
£   
At 1 January 2023
and 31 December 2023 31,444