Company Registration No. 14296281 (England and Wales)
Jax Group Ltd
Unaudited accounts
for the year ended 31 August 2024
Jax Group Ltd
Unaudited accounts
Contents
Jax Group Ltd
Company Information
for the year ended 31 August 2024
Director
Mr J Westmoreland
Company Number
14296281 (England and Wales)
Registered Office
10 New Street
Ossett
West Yorkshire
WF5 8BH
England
Accountants
Clear Accountancy Services (Yorkshire) Ltd
10 New Street
Ossett
West Yorkshire
WF5 8BH
Jax Group Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
11,032
14,529
Cash at bank and in hand
24,677
23,345
Creditors: amounts falling due within one year
(11,882)
(13,357)
Net current assets
13,295
11,702
Total assets less current liabilities
24,327
26,231
Creditors: amounts falling due after more than one year
(9,960)
(12,000)
Called up share capital
100
100
Profit and loss account
14,267
14,131
Shareholders' funds
14,367
14,231
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2024 and were signed on its behalf by
Mr J Westmoreland
Director
Company Registration No. 14296281
Jax Group Ltd
Notes to the Accounts
for the year ended 31 August 2024
Jax Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14296281. The registered office is 10 New Street, Ossett, West Yorkshire, WF5 8BH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
1,208
13,832
1,736
16,776
At 31 August 2024
1,208
13,832
1,736
16,776
At 1 September 2023
41
2,018
188
2,247
Charge for the year
233
2,954
310
3,497
At 31 August 2024
274
4,972
498
5,744
At 31 August 2024
934
8,860
1,238
11,032
At 31 August 2023
1,167
11,814
1,548
14,529
Amounts falling due within one year
Jax Group Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,173
6,204
Loans from directors
4,006
3,843
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
9,960
12,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).