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REGISTERED NUMBER: SC651438 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J&S MAINTENANCE LIMITED

J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 7

J&S MAINTENANCE LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: S J McKenzie
E Liddle
J McKenzie





REGISTERED OFFICE: Dunvorist
Station Road
Murthly
Perth
PH1 4EL





REGISTERED NUMBER: SC651438 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 134,870 60,956

CURRENT ASSETS
Debtors 5 113,601 73,663
Cash at bank and in hand 83,187 34,514
196,788 108,177
CREDITORS
Amounts falling due within one year 6 297,694 129,774
NET CURRENT LIABILITIES (100,906 ) (21,597 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,964

39,359

CREDITORS
Amounts falling due after more than one year 7 (27,688 ) (10,087 )

PROVISIONS FOR LIABILITIES 8 (31,223 ) (15,239 )
NET (LIABILITIES)/ASSETS (24,947 ) 14,033

CAPITAL AND RESERVES
Called up share capital 400 200
Retained earnings (25,347 ) 13,833
(24,947 ) 14,033

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





S J McKenzie - Director


J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

J&S Maintenance Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a going concern basis on the confirmation from the director that the company will continue to trade for a period of no less than 12 months from the date of this report.

The directors acknowledges the negative balance sheet position and have given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and ensuring that loans from associates are not called on for repayment until the company is in such a position to be able to make repayments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 4,534 45,609 2,100
Additions 10,106 80,399 -
At 31 December 2024 14,640 126,008 2,100
DEPRECIATION
At 1 January 2024 103 36,201 1,120
Charge for year 959 19,966 420
At 31 December 2024 1,062 56,167 1,540
NET BOOK VALUE
At 31 December 2024 13,578 69,841 560
At 31 December 2023 4,431 9,408 980

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 60,134 2,029 114,406
Additions 18,089 881 109,475
At 31 December 2024 78,223 2,910 223,881
DEPRECIATION
At 1 January 2024 15,222 804 53,450
Charge for year 13,617 599 35,561
At 31 December 2024 28,839 1,403 89,011
NET BOOK VALUE
At 31 December 2024 49,384 1,507 134,870
At 31 December 2023 44,912 1,225 60,956

J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 66,000
At 31 December 2024 66,000
DEPRECIATION
Charge for year 13,750
At 31 December 2024 13,750
NET BOOK VALUE
At 31 December 2024 52,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 91,380 73,058
Other debtors 22,221 605
113,601 73,663

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,978 7,000
Hire purchase contracts 19,800 -
Trade creditors 45,122 22,145
Amounts owed to associates 193,500 70,000
Taxation and social security 28,193 26,566
Other creditors 4,101 4,063
297,694 129,774

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,938 10,087
Hire purchase contracts 24,750 -
27,688 10,087

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 31,223 15,239

Deferred
tax
£   
Balance at 1 January 2024 15,239
Provided during year 15,984
Balance at 31 December 2024 31,223

J&S MAINTENANCE LIMITED (REGISTERED NUMBER: SC651438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
S J McKenzie
Balance outstanding at start of year - -
Amounts advanced 10,100 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,100 -

J McKenzie
Balance outstanding at start of year - -
Amounts advanced 10,100 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,100 -

These loans are interest free and have no fixed repayment terms.

10. RELATED PARTY DISCLOSURES

As at 31 December 2024, there is a loan balance due of £100,000 (2023: £55,000) to a company that is jointly owned by S McKenzie and J McKenzie.

As at 31 December 2024, there is a loan balance due of £93,500 (2023: £nil) to a company that is jointly owned by S McKenzie and J McKenzie.

As at 31 December 2024, there is a loan balance due of £nil (2023: £15,000) to a company that is ultimately owned by S McKenzie and J McKenzie.

These loans are interest free and have no fixed repayment terms.

11. ULTIMATE CONTROLLING PARTY

The directors, J McKenzie and S McKenzie are deemed to be the ultimate controlling parties.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
J&S MAINTENANCE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J&S Maintenance Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of J&S Maintenance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J&S Maintenance Limited and state those matters that we have agreed to state to the Board of Directors of J&S Maintenance Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J&S Maintenance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of J&S Maintenance Limited. You consider that J&S Maintenance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J&S Maintenance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


21 May 2025