Company Registration No. 13683228 (England and Wales)
Jed Clist Ltd
Unaudited accounts
for the year ended 31 October 2024
Jed Clist Ltd
Unaudited accounts
Contents
Jed Clist Ltd
Company Information
for the year ended 31 October 2024
Company Number
13683228 (England and Wales)
Registered Office
92 Hillside Avenue
Southampton
SO18 1JY
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Jed Clist Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
50,705
36,968
Cash at bank and in hand
37,236
63,996
Creditors: amounts falling due within one year
(54,304)
(91,772)
Net current liabilities
(12,175)
(16,453)
Called up share capital
1
1
Profit and loss account
38,529
20,514
Shareholders' funds
38,530
20,515
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 14 March 2025 and were signed on its behalf by
Jed Clist
Director
Company Registration No. 13683228
Jed Clist Ltd
Notes to the Accounts
for the year ended 31 October 2024
Jed Clist Ltd is a private company, limited by shares, registered in England and Wales, registration number 13683228. The registered office is 92 Hillside Avenue, , Southampton, SO18 1JY, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing balance method
Motor vehicles
25% Reducing balance method
Computer equipment
33.33% Reducing balance method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
48,331
11,395
573
60,299
Additions
9,310
17,325
1,556
28,191
At 31 October 2024
57,641
28,720
2,129
88,490
At 1 November 2023
18,154
4,986
191
23,331
Charge for the year
9,063
4,851
540
14,454
At 31 October 2024
27,217
9,837
731
37,785
At 31 October 2024
30,424
18,883
1,398
50,705
At 31 October 2023
30,177
6,409
382
36,968
Jed Clist Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
4,893
11,323
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,504
12,252
Loans from directors
32,496
72,717
During the year the director Mr Jed Clist maintained a loan account with the company. As at the year end date the company owed the director and amount of £32,496 (2023 - £72,717). This amount is shown within creditors in the accounts.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).