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REGISTERED NUMBER: SC782609 (Scotland)















Unaudited Financial Statements

for the Period

14 September 2023 to 30 September 2024

for

JMech Services Ltd

JMech Services Ltd (Registered number: SC782609)






Contents of the Financial Statements
for the Period 14 September 2023 to 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JMech Services Ltd

Company Information
for the Period 14 September 2023 to 30 September 2024







DIRECTORS: Mr J R Simpson
Miss E W Thoirs





REGISTERED OFFICE: 11 Bards Way
Fraserburgh
Aberdeenshire
AB43 7AA





REGISTERED NUMBER: SC782609 (Scotland)





ACCOUNTANTS: SBP
Accountants
27 Finlayson Street
Fraserburgh
Aberdeenshire
AB43 9JQ

JMech Services Ltd (Registered number: SC782609)

Balance Sheet
30 September 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 43,104

CURRENT ASSETS
Debtors 5 6,471
Cash at bank 26,634
33,105
CREDITORS
Amounts falling due within one year 6 20,477
NET CURRENT ASSETS 12,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,732

CREDITORS
Amounts falling due after more than one year 7 (33,566 )

PROVISIONS FOR LIABILITIES (4,845 )
NET ASSETS 17,321

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 17,221
17,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

JMech Services Ltd (Registered number: SC782609)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2025 and were signed on its behalf by:





Mr J R Simpson - Director


JMech Services Ltd (Registered number: SC782609)

Notes to the Financial Statements
for the Period 14 September 2023 to 30 September 2024

1. STATUTORY INFORMATION

JMech Services Ltd is a private company, limited by shares , registered in Scotland. 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 represents the amounts (excluding value added tax) derived from the provision of services to customers. Revenue is recognised at the point services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

JMech Services Ltd (Registered number: SC782609)

Notes to the Financial Statements - continued
for the Period 14 September 2023 to 30 September 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 55,247 1,613 56,860
At 30 September 2024 55,247 1,613 56,860
DEPRECIATION
Charge for period 13,246 510 13,756
At 30 September 2024 13,246 510 13,756
NET BOOK VALUE
At 30 September 2024 42,001 1,103 43,104

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 55,247
At 30 September 2024 55,247
DEPRECIATION
Charge for period 13,246
At 30 September 2024 13,246
NET BOOK VALUE
At 30 September 2024 42,001

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 4,798
Other debtors 1,673
6,471

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 8,071
Trade creditors 1
Taxation and social security 9,590
Other creditors 2,815
20,477

JMech Services Ltd (Registered number: SC782609)

Notes to the Financial Statements - continued
for the Period 14 September 2023 to 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Hire purchase contracts 33,566

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J R Simpson.