Company Registration No. 12605336 (England and Wales)
JStuart Ltd
Unaudited accounts
for the year ended 31 May 2024
JStuart Ltd
Unaudited accounts
Contents
JStuart Ltd
Company Information
for the year ended 31 May 2024
Company Number
12605336 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
JStuart Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
1,408
1,661
Cash at bank and in hand
1,678
360
Creditors: amounts falling due within one year
(14,110)
(8,472)
Net current liabilities
(989)
(747)
Called up share capital
1
1
Profit and loss account
418
913
Shareholders' funds
419
914
For the year ending 31 May 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 8 January 2025 and were signed on its behalf by
J M Stuart
Director
Company Registration No. 12605336
JStuart Ltd
Notes to the Accounts
for the year ended 31 May 2024
JStuart Ltd is a private company, limited by shares, registered in England and Wales, registration number 12605336. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
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.
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:
Fixtures & fittings
25% on reducing value
Computer equipment
20% on reducing value
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
JStuart Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
446
2,489
2,935
At 31 May 2024
565
2,489
3,054
At 1 June 2023
259
1,015
1,274
Charge for the year
77
295
372
At 31 May 2024
336
1,310
1,646
At 31 May 2024
229
1,179
1,408
At 31 May 2023
187
1,474
1,661
Amounts falling due within one year
Trade debtors
10,941
6,865
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,002
4,462
Loans from directors
6,740
3,110
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).