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REGISTERED NUMBER: 06249081 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: SC Jones
Mrs C A Jones





REGISTERED OFFICE: Unit 7, Dell Buildings
Milford Road
Everton
Lymington
Hampshire
SO41 0ED





REGISTERED NUMBER: 06249081 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
First Floor Secure House
Lulworth Close
Chandler's Ford
Hampshire
SO53 3TL

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 235,344 251,685

CURRENT ASSETS
Debtors 5 47,388 110,625
Cash at bank and in hand 427,544 222,838
474,932 333,463
CREDITORS
Amounts falling due within one year 6 289,241 222,491
NET CURRENT ASSETS 185,691 110,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

421,035

362,657

CREDITORS
Amounts falling due after more than
one year

7

106,421

144,309
NET ASSETS 314,614 218,348

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 314,514 218,248
SHAREHOLDERS' FUNDS 314,614 218,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

BALANCE SHEET - continued
31 MAY 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 Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





SC Jones - Director


JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

JSS Scaffolding Petro-Chemical & Marine Limited is a private company, limited by shares , registered in England and Wales. 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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 157,047 100,310 115,500 1,832 374,689
Additions 2,897 12,000 - - 14,897
At 31 May 2024 159,944 112,310 115,500 1,832 389,586
DEPRECIATION
At 1 June 2023 5,519 59,163 57,521 801 123,004
Charge for year 3,198 13,287 14,495 258 31,238
At 31 May 2024 8,717 72,450 72,016 1,059 154,242
NET BOOK VALUE
At 31 May 2024 151,227 39,860 43,484 773 235,344
At 31 May 2023 151,528 41,147 57,979 1,031 251,685

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Debtors Control Account 47,388 104,973
VAT - 5,652
47,388 110,625

JSS SCAFFOLDING PETRO-CHEMICAL & MARINE
LIMITED (REGISTERED NUMBER: 06249081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 19,999 19,756
Hire purchase contracts 23,261 27,052
Creditors Control Account 149,816 97,433
Corporation tax 34,844 2,301
Social security and other taxes (483 ) 2,580
VAT 14,913 -
Other creditors 17,206 8,379
Directors' current accounts 29,135 64,490
Accrued expenses 550 500
289,241 222,491

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years 97,518 112,145
Hire purchase contracts 8,903 32,164
106,421 144,309