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 |