IRIS Accounts Production v25.1.0.734 03641371 director 1.9.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036413712023-08-31036413712024-08-31036413712023-09-012024-08-31036413712022-08-31036413712022-09-012023-08-31036413712023-08-3103641371ns15:EnglandWales2023-09-012024-08-3103641371ns14:PoundSterling2023-09-012024-08-3103641371ns10:Director12023-09-012024-08-3103641371ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3103641371ns10:SmallEntities2023-09-012024-08-3103641371ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3103641371ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3103641371ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3103641371ns10:FullAccounts2023-09-012024-08-3103641371ns10:RegisteredOffice2023-09-012024-08-3103641371ns5:CurrentFinancialInstruments2024-08-3103641371ns5:CurrentFinancialInstruments2023-08-3103641371ns5:ShareCapital2024-08-3103641371ns5:ShareCapital2023-08-3103641371ns5:FurtherSpecificReserve3ComponentTotalEquity2024-08-3103641371ns5:FurtherSpecificReserve3ComponentTotalEquity2023-08-3103641371ns5:RetainedEarningsAccumulatedLosses2024-08-3103641371ns5:RetainedEarningsAccumulatedLosses2023-08-3103641371ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3103641371ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3103641371ns5:DeferredTaxation2023-08-3103641371ns5:DeferredTaxation2024-08-3103641371ns5:FurtherSpecificReserve3ComponentTotalEquity2023-08-31
REGISTERED NUMBER: 03641371 (England and Wales)












JJG Computer Consultants Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2024






JJG Computer Consultants Ltd (Registered number: 03641371)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


JJG Computer Consultants Ltd

Company Information
for the Year Ended 31 August 2024







Director: J J Glynn





Registered office: 7 Beckbury Drive
Stirchley Village
Telford
Shropshire
TF3 1EN





Registered number: 03641371 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

JJG Computer Consultants Ltd (Registered number: 03641371)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
Fixed assets
Investment property 4 560,000 560,000

Current assets
Debtors 5 - 588
Cash at bank 366,905 360,267
366,905 360,855
Creditors
Amounts falling due within one year 6 16,479 18,530
Net current assets 350,426 342,325
Total assets less current liabilities 910,426 902,325

Provisions for liabilities 7 1,900 1,900
Net assets 908,526 900,425

Capital and reserves
Called up share capital 100 100
Fair value reserve 8 46,450 46,450
Retained earnings 861,976 853,875
Shareholders' funds 908,526 900,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

JJG Computer Consultants Ltd (Registered number: 03641371)

Balance Sheet - continued
31 August 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 May 2025 and were signed by:





J J Glynn - Director


JJG Computer Consultants Ltd (Registered number: 03641371)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. Statutory information

JJG Computer Consultants Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Investment properties
Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The director considers that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


JJG Computer Consultants Ltd (Registered number: 03641371)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Investment property
Total
£   
Fair value
At 1 September 2023
and 31 August 2024 560,000
Net book value
At 31 August 2024 560,000
At 31 August 2023 560,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 560,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 449,221 449,221

The investment properties were valued on an open market basis on 31 August 2024 by the director .

5. Debtors: amounts falling due within one year
31.8.24 31.8.23
£    £   
Other debtors - 588

JJG Computer Consultants Ltd (Registered number: 03641371)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. Creditors: amounts falling due within one year
31.8.24 31.8.23
£    £   
Taxation and social security 1,900 1,575
Other creditors 14,579 16,955
16,479 18,530

7. Provisions for liabilities
31.8.24 31.8.23
£    £   
Deferred tax 1,900 1,900

Deferred
tax
£   
Balance at 1 September 2023 1,900
Balance at 31 August 2024 1,900

8. Reserves
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 46,450