Company Registration No. 13065609 (England and Wales)
J & C Electrics Limited
Unaudited accounts
for the year ended 31 March 2024
J & C Electrics Limited
Unaudited accounts
Contents
J & C Electrics Limited
Company Information
for the year ended 31 March 2024
Directors
Mr Jason Merriman
Miss Catherine Wells
Company Number
13065609 (England and Wales)
Registered Office
13 BERRYLANDS
LISS
GU33 7DB
ENGLAND
Accountants
Hampshire Accountancy Services
College Court
15 Bowen Lane
Petersfield
Hampshire
GU31 4DR
J & C Electrics Limited
Statement of financial position
as at 31 March 2024
Tangible assets
11,761
12,724
Cash at bank and in hand
23,053
22,020
Creditors: amounts falling due within one year
(9,644)
(6,051)
Net current assets
14,152
16,790
Total assets less current liabilities
25,913
29,514
Creditors: amounts falling due after more than one year
(23,302)
(27,266)
Profit and loss account
2,611
2,248
Shareholders' funds
2,611
2,248
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
Mr Jason Merriman
Director
Company Registration No. 13065609
J & C Electrics Limited
Notes to the Accounts
for the year ended 31 March 2024
J & C Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 13065609. The registered office is 13 BERRYLANDS, LISS, GU33 7DB, 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.
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 in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
23,246
952
841
25,039
At 31 March 2024
23,246
3,115
841
27,202
At 1 April 2023
11,344
550
421
12,315
Charge for the year
2,380
641
105
3,126
At 31 March 2024
13,724
1,191
526
15,441
At 31 March 2024
9,522
1,924
315
11,761
At 31 March 2023
11,902
402
420
12,724
Amounts falling due within one year
Accrued income and prepayments
743
821
J & C Electrics Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,296
1,230
Loans from directors
3,844
3,934
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,302
7,266
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Average number of employees
During the year the average number of employees was 2 (2023: 2).