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REGISTERED NUMBER: 01181788 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2024

for

J N Services Electrical Limited

J N Services Electrical Limited (Registered number: 01181788)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J N Services Electrical Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr K J Hook





SECRETARY: Mrs L M Hook





REGISTERED OFFICE: Unit 8, St. Martins Business Park
Moorend Farm Avenue
Avonmouth
Bristol
BS11 0RS





REGISTERED NUMBER: 01181788 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

J N Services Electrical Limited (Registered number: 01181788)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,246 40,438

CURRENT ASSETS
Stocks 5 3,600 38,600
Debtors 6 57,196 74,043
Cash at bank 271,819 204,224
332,615 316,867
CREDITORS
Amounts falling due within one year 7 66,330 72,991
NET CURRENT ASSETS 266,285 243,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

296,531

284,314

PROVISIONS FOR LIABILITIES 3,095 3,931
NET ASSETS 293,436 280,383

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 293,336 280,283
SHAREHOLDERS' FUNDS 293,436 280,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





Mr K J Hook - Director


J N Services Electrical Limited (Registered number: 01181788)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

J N Services Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents net invoiced work done, excluding value added tax.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance basis
Motor vehicles - 25% on reducing balance basis
Computer equipment - 33.33% on reducing balance basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 9,824 114,007 7,275 131,106
Disposals - (9,789 ) - (9,789 )
At 31 January 2024 9,824 104,218 7,275 121,317
DEPRECIATION
At 1 February 2023 9,311 74,863 6,494 90,668
Charge for year 77 9,763 260 10,100
Eliminated on disposal - (9,697 ) - (9,697 )
At 31 January 2024 9,388 74,929 6,754 91,071
NET BOOK VALUE
At 31 January 2024 436 29,289 521 30,246
At 31 January 2023 513 39,144 781 40,438

J N Services Electrical Limited (Registered number: 01181788)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. STOCKS
2024 2023
£    £   
Stock and work in progress 3,600 38,600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 53,354 63,950
Other debtors - 6,939
Prepayments 3,842 3,154
57,196 74,043

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bounce back loan 7,250 10,250
Hire purchase contracts 3,876 5,204
Trade creditors 13,582 30,678
Tax 25,158 15,698
Social security and other taxes 6,522 3,801
Other creditors 7,297 4,849
Directors' current accounts 474 961
Accrued expenses 2,171 1,550
66,330 72,991

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 February 2023 280,283
Profit for the year 77,053
Dividends (64,000 )
At 31 January 2024 293,336