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REGISTERED NUMBER: 10927822 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

JAYSERV MECHANICAL & ELECTRICAL LIMITED

JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAYSERV MECHANICAL & ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs K Mardell
J Mardell





REGISTERED OFFICE: 21-23 Croydon Road
Caterham
Surrey
CR3 6PA





REGISTERED NUMBER: 10927822 (England and Wales)





ACCOUNTANTS: Upton Neenan Lees
Chartered Accountants
21-23 Croydon Road
Caterham
Surrey
CR3 6PA

JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 1,100
Tangible assets 5 134,900 63,057
134,900 64,157

CURRENT ASSETS
Stocks 45,142 45,142
Debtors 6 381,806 255,645
Cash at bank 26,945 91,605
453,893 392,392
CREDITORS
Amounts falling due within one year 7 (422,922 ) (312,956 )
NET CURRENT ASSETS 30,971 79,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,871

143,593

CREDITORS
Amounts falling due after more than one
year

8

(102,404

)

(43,157

)
NET ASSETS 63,467 100,436

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 63,367 100,336
63,467 100,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:





J Mardell - Director


JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Jayserv Mechanical & Electrical Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,700
AMORTISATION
At 1 April 2023 9,600
Charge for year 1,100
At 31 March 2024 10,700
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 1,100

JAYSERV MECHANICAL & ELECTRICAL LIMITED (REGISTERED NUMBER: 10927822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 79,792
Additions 101,950
At 31 March 2024 181,742
DEPRECIATION
At 1 April 2023 16,735
Charge for year 30,107
At 31 March 2024 46,842
NET BOOK VALUE
At 31 March 2024 134,900
At 31 March 2023 63,057

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 365,664 203,214
Other debtors 16,142 52,431
381,806 255,645

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,022 10,000
Hire purchase contracts 27,534 4,470
Trade creditors 284,547 188,406
Taxation and social security 91,301 101,066
Other creditors 9,518 9,014
422,922 312,956

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 16,984 21,666
Hire purchase contracts 85,420 21,491
102,404 43,157