JG GARAGE DOORS LTD

Company Registration Number:
12130392 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

JG GARAGE DOORS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

JG GARAGE DOORS LTD

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,521 9,238
Total fixed assets: 6,521 9,238
Current assets
Stocks: 4 500 500
Debtors: 5 457 1,292
Cash at bank and in hand: 5,409 5,154
Total current assets: 6,366 6,946
Creditors: amounts falling due within one year: 6 ( 3,637 ) ( 5,957 )
Net current assets (liabilities): 2,729 989
Total assets less current liabilities: 9,250 10,227
Provision for liabilities: ( 654 ) ( 184 )
Total net assets (liabilities): 8,596 10,043
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 8,595 10,042
Total Shareholders' funds: 8,596 10,043

The notes form part of these financial statements

JG GARAGE DOORS LTD

Balance sheet statements

For the year ending 31 July 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 April 2025
and signed on behalf of the board by:

Name: Jason Griffiths
Status: Director

The notes form part of these financial statements

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

    Turnover policy

    Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities

    Tangible fixed assets depreciation policy

    Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Office Equipment 20% Straight line Motor Vehicles 20% Straight Line

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 784 12,805 13,589
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 784 12,805 13,589
Depreciation
At 1 August 2023 510 3,841 4,351
Charge for year 156 2,561 2,717
On disposals
Other adjustments
At 31 July 2024 666 6,402 7,068
Net book value
At 31 July 2024 118 6,403 6,521
At 31 July 2023 274 8,964 9,238

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 500 500
Total 500 500

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

2024 2023
£ £
Prepayments and accrued income 457 354
Other debtors 938
Total 457 1,292

JG GARAGE DOORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,255
Accruals and deferred income 1,035 1,020
Other creditors 1,347 4,937
Total 3,637 5,957