Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true2023-05-02false1No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14839721 2023-05-01 14839721 2023-05-02 2024-05-31 14839721 1900-03-01 2023-05-01 14839721 2024-05-31 14839721 c:Director1 2023-05-02 2024-05-31 14839721 d:PlantMachinery 2023-05-02 2024-05-31 14839721 d:PlantMachinery 2024-05-31 14839721 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-02 2024-05-31 14839721 d:MotorVehicles 2023-05-02 2024-05-31 14839721 d:MotorVehicles 2024-05-31 14839721 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-02 2024-05-31 14839721 d:OwnedOrFreeholdAssets 2023-05-02 2024-05-31 14839721 d:CurrentFinancialInstruments 2024-05-31 14839721 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14839721 d:ShareCapital 2024-05-31 14839721 d:RetainedEarningsAccumulatedLosses 2024-05-31 14839721 c:FRS102 2023-05-02 2024-05-31 14839721 c:AuditExempt-NoAccountantsReport 2023-05-02 2024-05-31 14839721 c:FullAccounts 2023-05-02 2024-05-31 14839721 c:PrivateLimitedCompanyLtd 2023-05-02 2024-05-31 14839721 2 2023-05-02 2024-05-31 14839721 e:PoundSterling 2023-05-02 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 14839721









JT COMPLETE SERVICES LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2024

 
JT COMPLETE SERVICES LIMITED
REGISTERED NUMBER: 14839721

BALANCE SHEET
AS AT 31 MAY 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
11,250

Current assets
  

Debtors: amounts falling due within one year
 5 
1,213

Cash at bank and in hand
 6 
5,611

  
6,824

Creditors: amounts falling due within one year
 7 
(15,434)

Net current (liabilities)/assets
  
 
 
(8,610)

  

Net assets
  
2,640


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
2,540

  
2,640


Page 1

 
JT COMPLETE SERVICES LIMITED
REGISTERED NUMBER: 14839721
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 March 2025.






J Terrell
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
JT COMPLETE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

JT Complete Services Limited is a private company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The principal activity of the company is that of plumbing and heat and air-conditioning installation. The company was incorporated and commenced trading on 2 May 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
JT COMPLETE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Motor vehicles
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
JT COMPLETE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


Additions
5,000
10,000
15,000



At 31 May 2024

5,000
10,000
15,000



Depreciation


Charge for the period on owned assets
1,250
2,500
3,750



At 31 May 2024

1,250
2,500
3,750



Net book value



At 31 May 2024
3,750
7,500
11,250

Page 5

 
JT COMPLETE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

5.


Debtors

2024
£


Other debtors
1,181

Prepayments and accrued income
32

1,213



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
5,611



7.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
316

Corporation tax
2,500

Other taxation and social security
8,393

Other creditors
2,475

Accruals and deferred income
1,750

15,434


 
Page 6