Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-312024-02-01falsefalseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09943783 2024-02-01 2025-01-31 09943783 2023-02-01 2024-01-31 09943783 2025-01-31 09943783 2024-01-31 09943783 c:Director1 2024-02-01 2025-01-31 09943783 d:CurrentFinancialInstruments 2025-01-31 09943783 d:CurrentFinancialInstruments 2024-01-31 09943783 d:Non-currentFinancialInstruments 2025-01-31 09943783 d:Non-currentFinancialInstruments 2024-01-31 09943783 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 09943783 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09943783 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 09943783 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09943783 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 09943783 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 09943783 d:ShareCapital 2025-01-31 09943783 d:ShareCapital 2024-01-31 09943783 d:RetainedEarningsAccumulatedLosses 2025-01-31 09943783 d:RetainedEarningsAccumulatedLosses 2024-01-31 09943783 c:FRS102 2024-02-01 2025-01-31 09943783 c:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 09943783 c:FullAccounts 2024-02-01 2025-01-31 09943783 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09943783 2 2024-02-01 2025-01-31 09943783 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 09943783










JSI ELECTRICAL LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
JSI ELECTRICAL LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JSI ELECTRICAL LTD
FOR THE YEAR ENDED 31 JANUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JSI Electrical Ltd for the year ended 31 January 2025 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of JSI Electrical Ltd in accordance with the terms of our engagement letter dated 14 January 2016Our work has been undertaken solely to prepare for your approval the financial statements of JSI Electrical Ltd and state those matters that we have agreed to state to the director of JSI Electrical Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JSI Electrical Ltd and its director for our work or for this report. 

It is your duty to ensure that JSI Electrical Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JSI Electrical Ltd. You consider that JSI Electrical Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of JSI Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



J & S Accountants Limited
 
Chartered Accountants
  
6 Northlands Road
Southampton
SO15 2LF
18 March 2025
Page 1

 
JSI ELECTRICAL LTD
REGISTERED NUMBER: 09943783

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
145
-

Cash at bank and in hand
 5 
1,214
5,885

  
1,359
5,885

Creditors: amounts falling due within one year
 6 
(2,292)
(4,395)

Net current (liabilities)/assets
  
 
 
(933)
 
 
1,490

Total assets less current liabilities
  
(933)
1,490

Creditors: amounts falling due after more than one year
 7 
(667)
(2,667)

  

Net liabilities
  
(1,600)
(1,177)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1,601)
(1,178)

  
(1,600)
(1,177)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2025.




Mr I S Jacobs
Page 2

 
JSI ELECTRICAL LTD
REGISTERED NUMBER: 09943783
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

JSI Electrical Ltd is a private company, limited by shares and registered in England.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2025
        2024
            No.
            No.







Director
1
1


4.


Debtors

2025
2024
£
£


Other debtors
145
-

145
-



5.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,214
5,885

1,214
5,885



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
2,000
2,000

Other creditors
-
2,155

Accruals and deferred income
292
240

2,292
4,395


Page 5

 
JSI ELECTRICAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
667
2,667

667
2,667



8.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
2,000
2,000


2,000
2,000


Amounts falling due 2-5 years

Bank loans
667
2,667


667
2,667


2,667
4,667



9.


Transactions with directors

At the balance sheet date, the director, Mr I S Jacobs, owed the company £145 (2024 £nil). No interest was charged on outstanding amounts and the loan was repaid in full within 9 months of the balance sheet date.

 
Page 6