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REGISTERED NUMBER: 12023233 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Jennings Power Systems Ltd

Jennings Power Systems Ltd (Registered number: 12023233)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jennings Power Systems Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: P Jennings





REGISTERED OFFICE: 17 Tadcaster Road
Copmanthorpe
York
North Yorkshire
YO23 3UL





REGISTERED NUMBER: 12023233 (England and Wales)





ACCOUNTANTS: Beckingtons
2 Clifton Moor Business
Village
James Nicolson Link
York
North Yorkshire
YO30 4XG

Jennings Power Systems Ltd (Registered number: 12023233)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,190 7,634

CURRENT ASSETS
Debtors 5 77,041 36,857
Cash at bank 176,484 49,078
253,525 85,935
CREDITORS
Amounts falling due within one year 6 193,152 32,731
NET CURRENT ASSETS 60,373 53,204
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,563

60,838

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 83,463 60,738
SHAREHOLDERS' FUNDS 83,563 60,838

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 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.

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 24 February 2025 and were signed by:





P Jennings - Director


Jennings Power Systems Ltd (Registered number: 12023233)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Jennings Power Systems Ltd 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
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023 7,000 1,573 4,739 13,312
Additions 23,250 - - 23,250
At 31 May 2024 30,250 1,573 4,739 36,562
DEPRECIATION
At 1 June 2023 1,750 929 2,999 5,678
Charge for year 7,129 129 436 7,694
At 31 May 2024 8,879 1,058 3,435 13,372
NET BOOK VALUE
At 31 May 2024 21,371 515 1,304 23,190
At 31 May 2023 5,250 644 1,740 7,634

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 75,204 25,886
Other debtors 1,837 10,971
77,041 36,857

Jennings Power Systems Ltd (Registered number: 12023233)

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
£    £   
Trade creditors 37,650 -
Taxation and social security 84,600 32,188
Other creditors 70,902 543
193,152 32,731

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100