I J A S LIMITED

Company Registration Number:
03172000 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

I J A S LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

I J A S LIMITED

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

Supply of monolithic isolation joints to the UK gas / oil market



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Andrew Gasson
Doreen Gasson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 March 2025

And signed on behalf of the board by:
Name: Andrew Gasson
Status: Director

I J A S LIMITED

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 762,489 553,524
Cost of sales: ( 538,318 ) ( 447,388 )
Gross profit(or loss): 224,171 106,136
Distribution costs: ( 18,193 ) ( 15,760 )
Administrative expenses: ( 57,140 ) ( 40,696 )
Operating profit(or loss): 148,838 49,680
Interest receivable and similar income: 2,761
Profit(or loss) before tax: 151,599 49,680
Tax: ( 36,424 ) ( 9,439 )
Profit(or loss) for the financial year: 115,175 40,241

I J A S LIMITED

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 84,852 87,028
Total fixed assets: 84,852 87,028
Current assets
Stocks: 4 90,501 43,891
Debtors: 5 194,877 94,254
Cash at bank and in hand: 205,754 214,956
Total current assets: 491,132 353,101
Creditors: amounts falling due within one year: 6 ( 94,446 ) ( 73,766 )
Net current assets (liabilities): 396,686 279,335
Total assets less current liabilities: 481,538 366,363
Total net assets (liabilities): 481,538 366,363
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 481,438 366,263
Total Shareholders' funds: 481,538 366,363

The notes form part of these financial statements

I J A S LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 28 March 2025
and signed on behalf of the board by:

Name: Andrew Gasson
Status: Director

The notes form part of these financial statements

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 87,028 87,028
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 87,028 87,028
Depreciation
At 1 September 2023 0 0
Charge for year 2,176 2,176
On disposals
Other adjustments
At 31 August 2024 2,176 2,176
Net book value
At 31 August 2024 84,852 84,852
At 31 August 2023 87,028 87,028

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 2023
£ £
Stocks 90,501 43,891
Total 90,501 43,891

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
£ £
Trade debtors 194,877 94,254
Total 194,877 94,254

I J A S LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 58,022 64,327
Taxation and social security 36,424 9,439
Total 94,446 73,766