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REGISTERED NUMBER: 08024060 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

JDS Electrical Solutions Limited

JDS Electrical Solutions Limited (Registered number: 08024060)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JDS Electrical Solutions Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J Salt





REGISTERED OFFICE: Garden Cottage
Radwinter Road
Ashdon
Saffron Walden
Essex
CB10 2ET





REGISTERED NUMBER: 08024060 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

JDS Electrical Solutions Limited (Registered number: 08024060)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 29,338 38,809

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 60,035 66,245
Cash at bank 16,700 23,874
81,735 95,119
CREDITORS
Amounts falling due within one year 7 64,762 55,262
NET CURRENT ASSETS 16,973 39,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,311

78,666

CREDITORS
Amounts falling due after more than one year 8 (7,000 ) (13,000 )

PROVISIONS FOR LIABILITIES (7,335 ) (9,702 )
NET ASSETS 31,976 55,964

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 1 1
Retained earnings 31,975 55,963
SHAREHOLDERS' FUNDS 31,976 55,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

JDS Electrical Solutions Limited (Registered number: 08024060)

Statement of Financial Position - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





J Salt - Director


JDS Electrical Solutions Limited (Registered number: 08024060)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

JDS Electrical Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Where contracts are partially complete, turnover is recognised by reference to the stage of completion of the contract.

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

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


JDS Electrical Solutions Limited (Registered number: 08024060)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 1,318 2,296 56,990 335 60,939
Additions - - - 291 291
At 30 April 2024 1,318 2,296 56,990 626 61,230
DEPRECIATION
At 1 May 2023 992 1,232 19,590 316 22,130
Charge for year 81 266 9,350 65 9,762
At 30 April 2024 1,073 1,498 28,940 381 31,892
NET BOOK VALUE
At 30 April 2024 245 798 28,050 245 29,338
At 30 April 2023 326 1,064 37,400 19 38,809

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 12,166 26,828
Amounts recoverable on contracts 43,348 34,824
Other debtors 4,521 4,593
60,035 66,245

JDS Electrical Solutions Limited (Registered number: 08024060)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors 25,652 21,320
Taxation and social security 16,845 18,999
Other creditors 16,265 8,943
64,762 55,262

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 7,000 13,000