Company Registration No. 10962426 (England and Wales)
J&M ELECTRICAL SERVICES LTD
Unaudited accounts
for the year ended 30 September 2024
J&M ELECTRICAL SERVICES LTD
Unaudited accounts
Contents
J&M ELECTRICAL SERVICES LTD
Company Information
for the year ended 30 September 2024
Company Number
10962426 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
UNITED KINGDOM
Accountants
J. W. STEPHEN LTD.
Accountants and Tax Advisors
International House
12 Constance Street
Essex
E16 2DQ
J&M ELECTRICAL SERVICES LTD
Accountants' report
Accountants' report to the director of J&M ELECTRICAL SERVICES LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 September 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
J. W. STEPHEN LTD.
Accountants and Tax Advisors
International House
12 Constance Street
Essex
E16 2DQ
26 October 2024
J&M ELECTRICAL SERVICES LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
66,068
56,416
Creditors: amounts falling due within one year
(83,319)
(70,573)
Net current liabilities
(6,972)
(11,157)
Net assets/(liabilities)
2,628
(11,157)
Called up share capital
1
1
Profit and loss account
2,627
(11,158)
Shareholders' funds
2,628
(11,157)
For the year ending 30 September 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 26 October 2024 and were signed on its behalf by
Jermaine Samuels
Director
Company Registration No. 10962426
J&M ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2024
J&M ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10962426. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates straight line in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
4,553
10,475
2,226
17,254
Additions
-
12,000
-
12,000
At 30 September 2024
4,553
22,475
2,226
29,254
At 1 October 2023
4,553
10,475
2,226
17,254
Charge for the year
-
2,400
-
2,400
At 30 September 2024
4,553
12,875
2,226
19,654
At 30 September 2024
-
9,600
-
9,600
J&M ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,822
6,822
Taxes and social security
12,493
7,009
Loans from directors
55,847
35,848
7
Average number of employees
During the year the average number of employees was 4 (2023: 5).