Registered number
05634701
J & H Lift Co. Limited
Filleted Accounts
30 November 2024
J & H Lift Co. Limited
Registered number: 05634701
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 909 1,172
Current assets
Debtors 4 14,208 14,056
Cash at bank and in hand 26,249 32,336
40,457 46,392
Creditors: amounts falling due within one year 5 (15,502) (16,195)
Net current assets 24,955 30,197
Net assets 25,864 31,369
Capital and reserves
Called up share capital 3 3
Profit and loss account 25,861 31,366
Shareholders' funds 25,864 31,369
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Johnston
Director
Approved by the board on 28 April 2025
J & H Lift Co. Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 December 2023 1,950 3,870 5,425 11,245
At 30 November 2024 1,950 3,870 5,425 11,245
Depreciation
At 1 December 2023 1,648 3,807 4,618 10,073
Charge for the year 45 16 202 263
At 30 November 2024 1,693 3,823 4,820 10,336
Net book value
At 30 November 2024 257 47 605 909
At 30 November 2023 302 63 807 1,172
4 Debtors 2024 2023
£ £
Trade debtors 13,066 14,056
Prepayments 1,142 -
14,208 14,056
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 6,683 7,943
Directors Account 2,046 3,129
Accruals 1,585 1,512
PAYE 2,793 -
VAT 2,395 3,611
15,502 16,195
6 Other information
J & H Lift Co. Limited is a private company limited by shares and incorporated in England. Its registered office is:
Heaton Mill
Heaton Street
Denton
Manchester
M34 3RG
J & H Lift Co. Limited 05634701 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 D Johnston No description of principal activity 05634701 2022-12-01 2023-11-30 05634701 core:WithinOneYear 2023-11-30 05634701 core:ShareCapital 2023-11-30 05634701 core:RetainedEarningsAccumulatedLosses 2023-11-30 05634701 2023-12-01 2024-11-30 05634701 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05634701 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05634701 bus:Director40 2023-12-01 2024-11-30 05634701 1 2023-12-01 2024-11-30 05634701 2 2023-12-01 2024-11-30 05634701 core:LandBuildings 2023-12-01 2024-11-30 05634701 core:PlantMachinery 2023-12-01 2024-11-30 05634701 core:Vehicles 2023-12-01 2024-11-30 05634701 countries:England 2023-12-01 2024-11-30 05634701 bus:FRS102 2023-12-01 2024-11-30 05634701 bus:FilletedAccounts 2023-12-01 2024-11-30 05634701 2024-11-30 05634701 core:WithinOneYear 2024-11-30 05634701 core:ShareCapital 2024-11-30 05634701 core:RetainedEarningsAccumulatedLosses 2024-11-30 05634701 core:LandBuildings 2024-11-30 05634701 core:PlantMachinery 2024-11-30 05634701 core:Vehicles 2024-11-30 05634701 2023-11-30 05634701 core:LandBuildings 2023-11-30 05634701 core:PlantMachinery 2023-11-30 05634701 core:Vehicles 2023-11-30 iso4217:GBP xbrli:pure