IRIS Accounts Production v24.3.2.46 12396770 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123967702024-01-31123967702025-01-31123967702024-02-012025-01-31123967702023-01-31123967702023-02-012024-01-31123967702024-01-3112396770ns15:EnglandWales2024-02-012025-01-3112396770ns14:PoundSterling2024-02-012025-01-3112396770ns10:Director12024-02-012025-01-3112396770ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3112396770ns10:SmallEntities2024-02-012025-01-3112396770ns10:AuditExemptWithAccountantsReport2024-02-012025-01-3112396770ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3112396770ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3112396770ns10:FullAccounts2024-02-012025-01-3112396770ns10:Director22024-02-012025-01-3112396770ns10:RegisteredOffice2024-02-012025-01-3112396770ns5:CurrentFinancialInstruments2025-01-3112396770ns5:CurrentFinancialInstruments2024-01-3112396770ns5:ShareCapital2025-01-3112396770ns5:ShareCapital2024-01-3112396770ns5:RetainedEarningsAccumulatedLosses2025-01-3112396770ns5:RetainedEarningsAccumulatedLosses2024-01-3112396770ns5:MotorVehicles2024-01-3112396770ns5:ComputerEquipment2024-01-3112396770ns5:MotorVehicles2024-02-012025-01-3112396770ns5:ComputerEquipment2024-02-012025-01-3112396770ns5:MotorVehicles2025-01-3112396770ns5:ComputerEquipment2025-01-3112396770ns5:MotorVehicles2024-01-3112396770ns5:ComputerEquipment2024-01-3112396770ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3112396770ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 12396770 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

JP ELECTRICAL SERVICES LTD

JP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 12396770)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

JP ELECTRICAL SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31 January 2025







DIRECTORS: Mr J A Pearson
Ms A Taylor





REGISTERED OFFICE: 95 King Street
Lancaster
LA1 1RH





REGISTERED NUMBER: 12396770 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

JP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 12396770)

BALANCE SHEET
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,578 6,534

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 594 2,285
Cash at bank 31,148 39,580
32,742 42,865
CREDITORS
Amounts falling due within one year 6 23,470 14,065
NET CURRENT ASSETS 9,272 28,800
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,850

35,334

PROVISIONS FOR LIABILITIES 3,340 1,241
NET ASSETS 23,510 34,093

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,410 33,993
23,510 34,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

JP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 12396770)

BALANCE SHEET - continued
31 January 2025


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 27 February 2025 and were signed on its behalf by:





Mr J A Pearson - Director


JP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 12396770)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

JP Electrical Services 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

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.

JP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 12396770)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 10,950 135 11,085
Additions 12,000 683 12,683
At 31 January 2025 22,950 818 23,768
DEPRECIATION
At 1 February 2024 4,443 108 4,551
Charge for year 1,627 12 1,639
At 31 January 2025 6,070 120 6,190
NET BOOK VALUE
At 31 January 2025 16,880 698 17,578
At 31 January 2024 6,507 27 6,534

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 594 2,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 16,106 1,532
Taxation and social security 3,482 6,507
Other creditors 3,882 6,026
23,470 14,065

JP ELECTRICAL SERVICES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
JP ELECTRICAL SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


27 February 2025