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
A C JIGS LTD
Company Information
for the year ended 31 October 2024
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
A C JIGS LTD
Statement of financial position
as at 31 October 2024
Tangible assets
53,726
65,147
Cash at bank and in hand
440,792
356,522
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
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
A C JIGS LTD
Notes to the Accounts
for the year ended 31 October 2024
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.
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 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
At 31 October 2024
43,743
103,634
147,377
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
At 31 October 2024
21,442
32,284
53,726
At 31 October 2023
22,102
43,045
65,147
Amounts falling due within one year
Trade debtors
104,411
96,917
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
7
Creditors: amounts falling due after more than one year
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).