Company Registration No. 13064542 (England and Wales)
J & SC Ltd
Unaudited accounts
for the year ended 31 December 2024
J & SC Ltd
Unaudited accounts
Contents
J & SC Ltd
Company Information
for the year ended 31 December 2024
Director
Sukhminder Chahal
Company Number
13064542 (England and Wales)
Registered Office
66 Long Lake Avenue
Wolverhampton
WV6 8EX
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
J & SC Ltd
Statement of financial position
as at 31 December 2024
Investment property
121,304
121,304
Cash at bank and in hand
7,919
4,903
Creditors: amounts falling due within one year
(47,297)
(46,925)
Net current liabilities
(39,378)
(41,892)
Total assets less current liabilities
81,926
79,412
Creditors: amounts falling due after more than one year
(87,036)
(87,036)
Net liabilities
(5,110)
(7,624)
Called up share capital
100
100
Profit and loss account
(5,210)
(7,724)
Shareholders' funds
(5,110)
(7,624)
For the year ending 31 December 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 her 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 31 August 2025 and were signed on its behalf by
Sukhminder Chahal
Director
Company Registration No. 13064542
J & SC Ltd
Notes to the Accounts
for the year ended 31 December 2024
J & SC Ltd is a private company, limited by shares, registered in England and Wales, registration number 13064542. The registered office is 66 Long Lake Avenue, Wolverhampton, WV6 8EX.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 January 2024
121,304
At 31 December 2024
121,304
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4
-
Loans from directors
46,963
46,665
J & SC Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).