Company Registration No. 13182623 (England and Wales)
J&C Home Services Ltd
Unaudited accounts
for the year ended 29 February 2024
J&C Home Services Ltd
Unaudited accounts
Contents
J&C Home Services Ltd
Company Information
for the year ended 29 February 2024
Directors
Jonathan Anglin
Krystal Rowe
Company Number
13182623 (England and Wales)
Registered Office
Rose Tree Cottage Wigmore Lane
Halfway House
Shrewsbury
Shropshire
SY5 9DZ
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
J&C Home Services Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
46,288
22,892
Cash at bank and in hand
115,675
62,225
Creditors: amounts falling due within one year
(127,558)
(67,774)
Net current assets
103,583
48,442
Total assets less current liabilities
149,871
71,334
Creditors: amounts falling due after more than one year
(32,697)
-
Provisions for liabilities
Deferred tax
(11,160)
(4,349)
Called up share capital
100
100
Profit and loss account
105,914
66,885
Shareholders' funds
106,014
66,985
For the year ending 29 February 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 11 February 2025 and were signed on its behalf by
Krystal Rowe
Director
Company Registration No. 13182623
J&C Home Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
J&C Home Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13182623. The registered office is Rose Tree Cottage Wigmore Lane, Halfway House, Shrewsbury, Shropshire, SY5 9DZ.
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 and are rounded to the nearest pound.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
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.
J&C Home Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
31,407
-
524
31,931
Additions
43,111
573
391
44,075
Disposals
(8,242)
-
-
(8,242)
At 29 February 2024
66,276
573
915
67,764
At 1 March 2023
8,864
-
175
9,039
Charge for the year
15,122
143
246
15,511
On disposals
(3,074)
-
-
(3,074)
At 29 February 2024
20,912
143
421
21,476
At 29 February 2024
45,364
430
494
46,288
At 28 February 2023
22,543
-
349
22,892
Amounts falling due within one year
Trade debtors
108,934
53,991
Accrued income and prepayments
1,532
-
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,641
18,129
Trade creditors
14,380
9,779
Taxes and social security
47,290
16,378
Other creditors
16,193
7,127
Loans from directors
7,543
858
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
32,697
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
J&C Home Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
9
Average number of employees
During the year the average number of employees was 8 (2023: 5).