Registered number
10724400
JS UK Service Limited
Filleted Accounts
30 April 2024
JS UK Service Limited
Registered number: 10724400
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 185,303 71,114
Current assets
Debtors 4 268,699 233,462
Cash at bank and in hand 42,308 29,121
311,007 262,583
Creditors: amounts falling due within one year 5 (130,943) (82,288)
Net current assets 180,064 180,295
Total assets less current liabilities 365,367 251,409
Creditors: amounts falling due after more than one year 6 (29,517) (35,184)
Net assets 335,850 216,225
Capital and reserves
Called up share capital 100 100
Profit and loss account 335,750 216,125
Shareholders' funds 335,850 216,225
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J Singh
Director
Approved by the board on 10 January 2025
JS UK Service Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Improvements to premises 20% reducing line basis
Fixtures and fittings 20% reducing line basis
Motor vans 20% reducing line basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Improvements to premises Fixtures and fittings Motor vehicles Total
£ £ £ £
Cost
At 1 May 2023 - 16,033 101,495 117,528
Additions 9,602 2,289 165,635 177,526
Disposals - - (32,995) (32,995)
At 30 April 2024 9,602 18,322 234,135 262,059
Depreciation
At 1 May 2023 - 3,656 42,758 46,414
Charge for the year 1,920 2,933 41,472 46,325
On disposals - - (15,983) (15,983)
At 30 April 2024 1,920 6,589 68,247 76,756
Net book value
At 30 April 2024 7,682 11,733 165,888 185,303
At 30 April 2023 - 12,377 58,737 71,114
4 Debtors 2024 2023
£ £
Trade debtors 15,076 17,139
Other debtors and prepayments 253,623 216,323
268,699 233,462
5 Creditors: amounts falling due within one year 2024 2023
£ £
Directors' current account 2,224 9,784
Bounce back loan 5,432 5,432
Taxation and social security costs 113,386 65,547
Other creditors and accruals 9,901 1,525
130,943 82,288
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bounce back loan 29,517 35,184
7 Related party transactions 2024 2023
£ £
During the year the company paid interim dividends to the
shareholders who are also the directors.
Mr J Singh 17,850 12,750
Mrs R Kaur 17,150 12,250
8 Controlling party
The directors control the company.
9 Other information
JS UK Service Limited is a private company limited by shares and incorporated in England. Its registered office is:
85 Glanmor Road
Slough
Berkshire
SL2 5LH
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