Registered number
SC605571
Jess Art Limited
Filleted Accounts
31 August 2024
Jess Art Limited
Registered number: SC605571
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 19,647 27,659
Current assets
Stocks 10,000 7,905
Cash at bank and in hand 3,773 11,376
13,773 19,281
Creditors: amounts falling due within one year 4 (4,653) (3,440)
Net current assets 9,120 15,841
Net assets 28,767 43,500
Capital and reserves
Called up share capital 2 2
Profit and loss account 28,765 43,498
Shareholders' funds 28,767 43,500
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Graeme Kilminster
Director
Approved by the board on 17 March 2025
Jess Art Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 September 2023 27,687 25,194 52,881
Additions 2,534 - 2,534
At 31 August 2024 30,221 25,194 55,415
Depreciation
At 1 September 2023 15,144 10,078 25,222
Charge for the year 5,507 5,039 10,546
At 31 August 2024 20,651 15,117 35,768
Net book value
At 31 August 2024 9,570 10,077 19,647
At 31 August 2023 12,543 15,116 27,659
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 600 360
Taxation and social security costs 4,053 3,080
4,653 3,440
5 Other information
Jess Art Limited is a private company limited by shares and incorporated in England. Its registered office is:
24 Lewis Drive
Sheddocksley
Aberdeen
Aberdeenshire
AB16 6WQ
Jess Art Limited SC605571 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Graeme Kilminster No description of principal activity SC605571 2022-09-01 2023-08-31 SC605571 core:WithinOneYear 2023-08-31 SC605571 core:ShareCapital 2023-08-31 SC605571 core:RetainedEarningsAccumulatedLosses 2023-08-31 SC605571 2023-09-01 2024-08-31 SC605571 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC605571 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC605571 bus:Director40 2023-09-01 2024-08-31 SC605571 core:PlantMachinery 2023-09-01 2024-08-31 SC605571 core:Vehicles 2023-09-01 2024-08-31 SC605571 countries:England 2023-09-01 2024-08-31 SC605571 bus:FRS102 2023-09-01 2024-08-31 SC605571 bus:FilletedAccounts 2023-09-01 2024-08-31 SC605571 2024-08-31 SC605571 core:WithinOneYear 2024-08-31 SC605571 core:ShareCapital 2024-08-31 SC605571 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC605571 core:PlantMachinery 2024-08-31 SC605571 core:Vehicles 2024-08-31 SC605571 2023-08-31 SC605571 core:PlantMachinery 2023-08-31 SC605571 core:Vehicles 2023-08-31 iso4217:GBP xbrli:pure