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Company Registration No. 08701995 (England and Wales)
A C JIGS LTD Unaudited accounts for the year ended 31 October 2024
A C JIGS LTD Unaudited accounts Contents
Page
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A C JIGS LTD Company Information for the year ended 31 October 2024
Director
R Pegg
Company Number
08701995 (England and Wales)
Registered Office
95 BLANDFORD AVENUE CASTLE BROMWICH B36 9JB
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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A C JIGS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,726 
65,147 
Current assets
Inventories
1,000 
1,000 
Debtors
104,411 
96,917 
Cash at bank and in hand
440,792 
356,522 
546,203 
454,439 
Creditors: amounts falling due within one year
(129,880)
(104,713)
Net current assets
416,323 
349,726 
Total assets less current liabilities
470,049 
414,873 
Creditors: amounts falling due after more than one year
(14,505)
(25,164)
Net assets
455,544 
389,709 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
455,542 
389,707 
Shareholders' funds
455,544 
389,709 
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 1 April 2025 and were signed on its behalf by
R Pegg Director Company Registration No. 08701995
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A C JIGS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
A C JIGS LTD is a private company, limited by shares, registered in England and Wales, registration number 08701995. The registered office is 95 BLANDFORD AVENUE, CASTLE BROMWICH, B36 9JB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
41,494 
103,634 
145,128 
Additions
2,249 
- 
2,249 
At 31 October 2024
43,743 
103,634 
147,377 
Depreciation
At 1 November 2023
19,392 
60,589 
79,981 
Charge for the year
2,909 
10,761 
13,670 
At 31 October 2024
22,301 
71,350 
93,651 
Net book value
At 31 October 2024
21,442 
32,284 
53,726 
At 31 October 2023
22,102 
43,045 
65,147 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
104,411 
96,917 
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A C JIGS LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
61,376 
47,665 
Taxes and social security
33,360 
29,163 
Other creditors
35,144 
27,885 
129,880 
104,713 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,505 
25,164 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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