IRIS Accounts Production v24.3.2.46 SC387852 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3878522023-04-30SC3878522024-04-30SC3878522023-05-012024-04-30SC3878522022-04-30SC3878522022-05-012023-04-30SC3878522023-04-30SC387852ns15:Scotland2023-05-012024-04-30SC387852ns14:PoundSterling2023-05-012024-04-30SC387852ns10:Director12023-05-012024-04-30SC387852ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30SC387852ns10:SmallEntities2023-05-012024-04-30SC387852ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30SC387852ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30SC387852ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC387852ns10:FullAccounts2023-05-012024-04-30SC387852ns10:RegisteredOffice2023-05-012024-04-30SC387852ns5:CurrentFinancialInstruments2024-04-30SC387852ns5:CurrentFinancialInstruments2023-04-30SC387852ns5:Non-currentFinancialInstruments2024-04-30SC387852ns5:Non-currentFinancialInstruments2023-04-30SC387852ns5:ShareCapital2024-04-30SC387852ns5:ShareCapital2023-04-30SC387852ns5:RetainedEarningsAccumulatedLosses2024-04-30SC387852ns5:RetainedEarningsAccumulatedLosses2023-04-30SC387852ns5:PlantMachinery2023-05-012024-04-30SC387852ns5:MotorVehicles2023-05-012024-04-30SC387852ns5:PlantMachinery2023-04-30SC387852ns5:MotorVehicles2023-04-30SC387852ns5:PlantMachinery2024-04-30SC387852ns5:MotorVehicles2024-04-30SC387852ns5:PlantMachinery2023-04-30SC387852ns5:MotorVehicles2023-04-30SC387852ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30SC387852ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: SC387852 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JET WATER SERVICES LTD.

JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JET WATER SERVICES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: T M Hannah





REGISTERED OFFICE: 6 Warrix Gardens
Troon
Ayrshire
KA10 6HB





REGISTERED NUMBER: SC387852 (Scotland)





ACCOUNTANTS: Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 102,880 59,563

CURRENT ASSETS
Debtors 5 210,225 140,778
Cash at bank 85,984 126,770
296,209 267,548
CREDITORS
Amounts falling due within one year 6 133,301 138,844
NET CURRENT ASSETS 162,908 128,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,788

188,267

CREDITORS
Amounts falling due after more than one
year

7

(31,594

)

(15,395

)

PROVISIONS FOR LIABILITIES (14,731 ) -
NET ASSETS 219,463 172,872

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 219,461 172,870
SHAREHOLDERS' FUNDS 219,463 172,872

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.

JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





T M Hannah - Director


JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Jet Water Services Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

A review of impairment is carried out at each reporting date. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

FINANCIAL INSTRUMENTS
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 14 ) .

JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2023 39,335 57,015 96,350
Additions 6,107 53,606 59,713
At 30 April 2024 45,442 110,621 156,063
DEPRECIATION
At 1 May 2023 18,990 17,797 36,787
Charge for year 3,968 12,428 16,396
At 30 April 2024 22,958 30,225 53,183
NET BOOK VALUE
At 30 April 2024 22,484 80,396 102,880
At 30 April 2023 20,345 39,218 59,563

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 196,819 128,670
Other debtors 3,073 3,073
VAT 5,665 5,647
Prepayments 4,668 3,388
210,225 140,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 20,833 29,785
Hire purchase contracts 17,873 10,101
Trade creditors 5,500 22,641
Tax 50,821 44,606
Social security and other taxes - 4,334
Directors' current accounts 765 362
Accrued expenses 37,509 27,015
133,301 138,844

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Hire purchase contracts 31,594 15,395

JET WATER SERVICES LTD. (REGISTERED NUMBER: SC387852)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T M Hannah.