Jobeqs Limited 05513514 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is acting as sales agent supplying functional raw materials. Digita Accounts Production Advanced 6.30.9574.0 true 05513514 2023-08-01 2024-07-31 05513514 2024-07-31 05513514 core:RetainedEarningsAccumulatedLosses 2024-07-31 05513514 core:ShareCapital 2024-07-31 05513514 core:CurrentFinancialInstruments 2024-07-31 05513514 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 05513514 core:PlantMachinery 2024-07-31 05513514 bus:SmallEntities 2023-08-01 2024-07-31 05513514 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05513514 bus:FilletedAccounts 2023-08-01 2024-07-31 05513514 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05513514 bus:RegisteredOffice 2023-08-01 2024-07-31 05513514 bus:Director1 2023-08-01 2024-07-31 05513514 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05513514 core:PlantMachinery 2023-08-01 2024-07-31 05513514 countries:EnglandWales 2023-08-01 2024-07-31 05513514 2023-07-31 05513514 core:PlantMachinery 2023-07-31 05513514 2022-08-01 2023-07-31 05513514 2023-07-31 05513514 core:RetainedEarningsAccumulatedLosses 2023-07-31 05513514 core:ShareCapital 2023-07-31 05513514 core:CurrentFinancialInstruments 2023-07-31 05513514 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 05513514 core:PlantMachinery 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 05513514

Jobeqs Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 July 2024

 

Jobeqs Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Jobeqs Limited

(Registration number: 05513514)
Statement of Financial Position as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3

3

Current assets

 

Debtors

5

38,242

19,094

Cash at bank and in hand

 

13,495

15,632

 

51,737

34,726

Creditors: Amounts falling due within one year

6

(35,430)

(14,854)

Net current assets

 

16,307

19,872

Net assets

 

16,310

19,875

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

16,308

19,873

Shareholders' funds

 

16,310

19,875

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 11 April 2025
 

.........................................
J C Newson
Director

 

Jobeqs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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 value added tax, returns, rebates and discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods ; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Foreign currency transactions and balances

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Jobeqs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

33.3% straight line

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Jobeqs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 August 2023

2,711

2,711

At 31 July 2024

2,711

2,711

Depreciation

At 1 August 2023

2,708

2,708

At 31 July 2024

2,708

2,708

Carrying amount

At 31 July 2024

3

3

At 31 July 2023

3

3

5

Debtors

2024
£

2023
£

Trade debtors

32,291

12,084

Other debtors

1,841

1,842

Prepayments

4,110

5,168

38,242

19,094

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

-

304

Taxation and social security

31,547

11,296

Accruals and deferred income

2,984

2,713

Other creditors

899

541

35,430

14,854