2023-07-01 2024-06-30 false Capium Accounts Production 1.1 08093301 2023-07-01 2024-06-30 08093301 bus:AbridgedAccounts 2023-07-01 2024-06-30 08093301 bus:FRS102 2023-07-01 2024-06-30 08093301 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08093301 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08093301 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08093301 2023-07-01 2024-06-30 08093301 2024-06-30 08093301 bus:RegisteredOffice 2023-07-01 2024-06-30 08093301 core:WithinOneYear 2024-06-30 08093301 core:AfterOneYear 2024-06-30 08093301 1 2023-07-01 2024-06-30 08093301 bus:Director1 2023-07-01 2024-06-30 08093301 bus:Director1 2024-06-30 08093301 bus:Director1 2022-07-01 2023-06-30 08093301 bus:Director2 2023-07-01 2024-06-30 08093301 bus:Director2 2024-06-30 08093301 bus:Director2 2022-07-01 2023-06-30 08093301 2022-07-01 08093301 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 08093301 2022-07-01 2023-06-30 08093301 2023-06-30 08093301 core:WithinOneYear 2023-06-30 08093301 core:AfterOneYear 2023-06-30 08093301 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 08093301 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 08093301 bus:OrdinaryShareClass1 2024-06-30 08093301 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 08093301 bus:OrdinaryShareClass1 2023-06-30 08093301 core:PlantMachinery 2023-07-01 2024-06-30 08093301 core:PlantMachinery 2024-06-30 08093301 core:PlantMachinery 2023-06-30 08093301 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 08093301 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 08093301 core:NetGoodwill 2023-07-01 2024-06-30 08093301 core:NetGoodwill 2024-06-30 08093301 core:NetGoodwill 2023-06-30 08093301 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 08093301 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 08093301 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 08093301 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 08093301 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 08093301 core:Non-currentFinancialInstruments 2024-06-30 08093301 core:Non-currentFinancialInstruments 2023-06-30 08093301 core:ShareCapital 2024-06-30 08093301 core:ShareCapital 2023-06-30 08093301 core:RetainedEarningsAccumulatedLosses 2024-06-30 08093301 core:RetainedEarningsAccumulatedLosses 2023-06-30 08093301 dpl:Item1 2023-07-01 08093301 dpl:Item1 2024-06-30 08093301 dpl:Item1 2022-07-01 08093301 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08093301
England and Wales

 

 

 

JACS (MIDLANDS) LTD


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts JACS (Midlands) Ltd for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JACS (Midlands) Ltd for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of JACS (Midlands) Ltd , as a body, in accordance with the terms of our engagement letter dated 15 March 2016. Our work has been undertaken solely to prepare for your approval the accounts of JACS (Midlands) Ltd and state those matters that we have agreed to state to the Board of Directors of JACS (Midlands) Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JACS (Midlands) Ltd and its Board of Directors as a body for our work or for this report
It is your duty to ensure that JACS (Midlands) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit JACS (Midlands) Ltd. You consider that JACS (Midlands) Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of JACS (Midlands) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Doyles
51 Station Road
Marston Green
Birmingham
West Midlands
B37 7AB
11 February 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 4 641    894 
641    894 
Current assets      
Stocks 400    400 
Debtors: amounts falling due within one year 29    7,229 
Cash at bank and in hand 3,821    2,802 
4,250    10,431 
Creditors: amount falling due within one year (28,960)   (30,785)
Net current assets (24,710)   (20,354)
 
Total assets less current liabilities (24,069)   (19,460)
Creditors: amount falling due after more than one year (20,000)   (24,900)
Provisions for liabilities (128)   (170)
Net assets (44,197)   (44,530)
 

Capital and reserves
     
Called up share capital 5 100    100 
Profit and loss account (44,297)   (44,630)
Shareholders' funds (44,197)   (44,530)
 


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 11 February 2025 and were signed on its behalf by:


-------------------------------
Julie Allwood
Director
2
General Information
JACS (Midlands) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08093301, registration address Unit 10-12 2/8 Greenwood Way, Chelmsley Wood, Birmingham, West Midlands, B37 5TL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 4 (2023 : 4).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 July 2023 5,000    5,000 
Additions  
Disposals  
At 30 June 2024 5,000    5,000 
Amortisation
At 01 July 2023 5,000    5,000 
Charge for year  
On disposals  
At 30 June 2024 5,000    5,000 
Net book values
At 30 June 2024  
At 30 June 2023  


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 July 2023 21,364    21,364 
Additions 641    641 
Disposals  
At 30 June 2024 22,005    22,005 
Depreciation
At 01 July 2023 20,470    20,470 
Charge for year 894    894 
On disposals  
At 30 June 2024 21,364    21,364 
Net book values
Closing balance as at 30 June 2024 641    641 
Opening balance as at 01 July 2023 894    894 


5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

6.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Birmingham Space Rental Ltd21,712 (8,583)(8,583)
7.

Ultimate Controlling Parties

The directors of the company are the ultimate controlling parties, by virtue of each holding 50% of the company's issued share capital.
3