Registered number
09823405
JLG Ventures Ltd
Filleted Accounts
31 October 2024
JLG Ventures Ltd
Registered number: 09823405
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,191 1,491
Current assets
Debtors 4 22,388 15,765
Cash at bank and in hand 2,448 2,500
24,836 18,265
Creditors: amounts falling due within one year 5 (21,251) (16,936)
Net current assets 3,585 1,329
Net assets 4,776 2,820
Capital and reserves
Called up share capital 1 1
Profit and loss account 4,775 2,819
Shareholder's funds 4,776 2,820
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
J Gibson
Director
Approved by the board on 25 July 2025
JLG Ventures Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 3,725 3,150 6,875
At 31 October 2024 3,725 3,150 6,875
Depreciation
At 1 November 2023 2,555 2,829 5,384
Charge for the year 200 100 300
At 31 October 2024 2,755 2,929 5,684
Net book value
At 31 October 2024 970 221 1,191
At 31 October 2023 1,170 321 1,491
4 Debtors 2024 2023
£ £
CIS Tax 22,388 15,765
5 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 20,129 14,908
Other creditors 1,122 2,028
21,251 16,936
129b High Street
Stevenage
Herts
SG1 3HS
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