JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Company Registration Number:
07243700 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 6,000 6,000
Tangible assets: 4 150,332 126,249
Investments:   0 0
Total fixed assets: 156,332 132,249
Current assets
Stocks: 108,668 91,798
Debtors: 5 182,628 142,837
Cash at bank and in hand: 82,582 132,962
Investments:   0 0
Total current assets: 373,878 367,597
Creditors: amounts falling due within one year:   (267,431) (216,682)
Net current assets (liabilities): 106,447 150,915
Total assets less current liabilities: 262,779 283,164
Creditors: amounts falling due after more than one year: 6 (45,709) (65,714)
Provision for liabilities: 0 0
Total net assets (liabilities): 217,070 217,450
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 217,068 217,448
Shareholders funds: 217,070 217,450

The notes form part of these financial statements

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: James Stevens
Status: Director

The notes form part of these financial statements

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 6,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2024 6,000
Amortisation
At 01 June 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 May 2024 0
Net book value
At 31 May 2024 6,000
At 31 May 2023 6,000

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 222,597
Additions 51,910
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2024 274,507
Depreciation
At 01 June 2023 96,348
Charge for year 27,827
On disposals 0
Other adjustments 0
At 31 May 2024 124,175
Net book value
At 31 May 2024 150,332
At 31 May 2023 126,249

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 9,739 257

JWS INDUSTRIAL & WELDING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due after more than one year note

Net obligations under finance lease and hire purchase contracts 2024 £24042 - 2023 £34047 Bank Loans 2024 £21667 - 2023 £31667