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Company Registration No. 12605336 (England and Wales)
JStuart Ltd Unaudited accounts for the year ended 31 May 2024
JStuart Ltd Unaudited accounts Contents
Page
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JStuart Ltd Company Information for the year ended 31 May 2024
Director
J M Stuart
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
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JStuart Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,408 
1,661 
Current assets
Debtors
11,443 
7,365 
Cash at bank and in hand
1,678 
360 
13,121 
7,725 
Creditors: amounts falling due within one year
(14,110)
(8,472)
Net current liabilities
(989)
(747)
Net assets
419 
914 
Capital and reserves
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
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JStuart Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Pension costs
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.
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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 
Additions
119 
- 
119 
At 31 May 2024
565 
2,489 
3,054 
Depreciation
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 
Net book value
At 31 May 2024
229 
1,179 
1,408 
At 31 May 2023
187 
1,474 
1,661 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,941 
6,865 
Other debtors
502 
500 
11,443 
7,365 
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 
Accruals
1,368 
900 
14,110 
8,472 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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