Company Registration No. SC231671 (Scotland)
JHL Communications Limited
Unaudited accounts
for the year ended 31 May 2024
JHL Communications Limited
Unaudited accounts
Contents
JHL Communications Limited
Company Information
for the year ended 31 May 2024
Directors
Martin Comiskey
John Hendry
John Howie Livingstone
Company Number
SC231671 (Scotland)
Registered Office
2 WOODSIDE PLACE
WOODSIDE PLACE
GLASGOW
G3 7QF
SCOTLAND
Accountants
Arran Accountancy Limited
Alexanders
Brodick
Isle of Arran
KA27 8HF
JHL Communications Limited
Statement of financial position
as at 31 May 2024
Tangible assets
141,975
176,954
Debtors
1,306,940
1,279,474
Cash at bank and in hand
131,208
89,354
Creditors: amounts falling due within one year
(718,552)
(558,901)
Net current assets
748,516
834,384
Total assets less current liabilities
890,491
1,011,338
Creditors: amounts falling due after more than one year
(21,208)
(31,052)
Provisions for liabilities
Deferred tax
(35,493)
(44,238)
Net assets
833,790
936,048
Called up share capital
2
2
Profit and loss account
833,788
936,046
Shareholders' funds
833,790
936,048
For the year ending 31 May 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 25 February 2025 and were signed on its behalf by
Martin Comiskey
Director
Company Registration No. SC231671
JHL Communications Limited
Notes to the Accounts
for the year ended 31 May 2024
JHL Communications Limited is a private company, limited by shares, registered in Scotland, registration number SC231671. The registered office is 2 WOODSIDE PLACE, WOODSIDE PLACE, GLASGOW, G3 7QF, SCOTLAND.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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
20% 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.
JHL Communications Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
220,866
22,347
45,409
288,622
Additions
-
1,221
3,990
5,211
Disposals
(23,995)
-
-
(23,995)
At 31 May 2024
196,871
23,568
49,399
269,838
At 1 June 2023
70,352
13,167
28,149
111,668
Charge for the year
18,571
1,040
7,082
26,693
On disposals
(10,498)
-
-
(10,498)
At 31 May 2024
78,425
14,207
35,231
127,863
At 31 May 2024
118,446
9,361
14,168
141,975
At 31 May 2023
150,514
9,180
17,260
176,954
Amounts falling due within one year
Trade debtors
267,377
222,594
Accrued income and prepayments
118,209
87,976
Other debtors
921,354
968,904
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
35,682
12,943
Trade creditors
290,393
107,976
Taxes and social security
39,252
80,621
Other creditors
192,083
331,868
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 13 (2023: 13).