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Company Registration No. 14628141 (England and Wales)
Jp Cars Limited Filleted accounts for the year ended 31 January 2024
Jp Cars Limited Filleted accounts Contents
Page
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Jp Cars Limited Company Information for the year ended 31 January 2024
Director
Praveenkumar Jayakumar
Company Number
14628141 (England and Wales)
Registered Office
178 Humber Avenue Coventry CV1 2AR England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Jp Cars Limited Statement of financial position as at 31 January 2024
2024 
Notes
£ 
Current assets
Cash at bank and in hand
13,648 
Creditors: amounts falling due within one year
(3,229)
Net current assets
10,419 
Net assets
10,419 
Reserves
Profit and loss account
10,419 
Members' funds
10,419 
For the year ending 31 January 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 October 2024 and were signed on its behalf by
Praveenkumar Jayakumar Director Company Registration No. 14628141
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Jp Cars Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Jp Cars Limited is a private company, limited by guarantee, registered in England and Wales, registration number 14628141. The registered office is 178 Humber Avenue, Coventry, CV1 2AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
2,444 
Accruals
785 
3,229 
5
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the year the average number of employees was 1.
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