James Douglas Accounting Limited
Registered number: 04499880
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 1,557 1,381
1,558 1,382
Current assets
Debtors 5 4,324 2,360
Cash at bank and in hand 24,992 21,598
29,316 23,958
Creditors: amounts falling due within one year 6 (3,383) (3,209)
Net current assets 25,933 20,749
Net assets 27,491 22,131
Capital and reserves
Called up share capital 100 100
Profit and loss account 27,391 22,031
Shareholder's funds 27,491 22,131
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
J A Douglas
Director
Approved by the board on 28 January 2025
James Douglas Accounting Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with Section 1A (smaller entities) of FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.
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 at rates calculated to write off the cost of each asset over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% per annum on a reducing balance basis
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2024 65,000
At 31 December 2024 65,000
Amortisation
At 1 January 2024 64,999
At 31 December 2024 64,999
Net book value
At 31 December 2024 1
At 31 December 2023 1
Goodwill has been written down to £1 in equal annual instalments over its estimated economic life of 20 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 12,950
Additions 695
At 31 December 2024 13,645
Depreciation
At 1 January 2024 11,569
Charge for the year 519
At 31 December 2024 12,088
Net book value
At 31 December 2024 1,557
At 31 December 2023 1,381
5 Debtors 2024 2023
£ £
Trade debtors 1,035 235
Other debtors 3,289 2,125
4,324 2,360
6 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 1,332 1,675
Other taxes and social security costs 1,137 1,137
Other creditors 914 397
3,383 3,209
7 Controlling party
The company is controlled by its sole shareholder, Mr J A Douglas.
8 Other information
James Douglas Accounting Limited is a private company limited by shares and incorporated in England. Its registered office is:
21 Trent View Gardens
Radcliffe-on-Trent
Nottingham NG12 1AY
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