Company Registration No. 05099539 (England and Wales)
JMP ELECTRICAL SERVICES LIMITED
Unaudited accounts
for the year ended 30 April 2024
JMP ELECTRICAL SERVICES LIMITED
Unaudited accounts
Contents
JMP ELECTRICAL SERVICES LIMITED
Company Information
for the year ended 30 April 2024
Directors
J Perruzza
Mrs S Perruzza
Company Number
05099539 (England and Wales)
Registered Office
Skythorns
Craggs Hill
Over Kellet
Carnforth
Lancashire
LA6 1DJ
England
Accountants
Unisolutions Ltd
6-4-3 Alston House
White Cross Industrial Estate
Lancaster
Lancashire
LA1 4XF
JMP ELECTRICAL SERVICES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
71,860
72,597
Investment property
409,849
409,849
Cash at bank and in hand
93,885
51,682
Creditors: amounts falling due within one year
(176,338)
(110,253)
Net current assets/(liabilities)
98,018
(2,615)
Total assets less current liabilities
579,727
479,831
Creditors: amounts falling due after more than one year
(185,798)
(204,324)
Provisions for liabilities
Deferred tax
(5,097)
(5,097)
Net assets
388,832
270,410
Called up share capital
200
200
Profit and loss account
388,632
270,210
Shareholders' funds
388,832
270,410
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by
J Perruzza
Director
Company Registration No. 05099539
JMP ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
JMP ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05099539. The registered office is Skythorns, Craggs Hill, Over Kellet, Carnforth, Lancashire, LA6 1DJ, England.
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.
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:
Plant & machinery
33% straight line
Motor vehicles
15% reducing balance
Computer equipment
33% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
JMP ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
15,255
88,476
103,731
Additions
1,765
10,650
12,415
At 30 April 2024
17,020
99,126
116,146
At 1 May 2023
15,032
16,102
31,134
Charge for the year
699
12,453
13,152
At 30 April 2024
15,731
28,555
44,286
At 30 April 2024
1,289
70,571
71,860
At 30 April 2023
223
72,374
72,597
Fair value at 1 May 2023
409,849
Investment properties are initially recognised at cost but will thereafter be valued at fair value at the balance sheet date. The directors do not anticipate selling the investment in the foreseeable future.
Amounts falling due within one year
Trade debtors
179,921
53,760
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,410
16,196
Obligations under finance leases and hire purchase contracts
4,387
14,732
Taxes and social security
42,737
13,447
Loans from directors
-
48,844
JMP ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
159,159
173,298
Obligations under finance leases and hire purchase contracts
26,639
31,026
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).