REGISTERED NUMBER: 07143043

Unaudited Financial Statements for the Year Ended 31 January 2025

for

J.P McGuinness Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P Mcguinness

SECRETARY:

Mrs D Mcguinness

REGISTERED OFFICE:

104 Whitby Road

Ellesmere Port

Cheshire

CH65 0AB

REGISTERED NUMBER:

07143043

ACCOUNTANTS:

Johnstone Howell & Co

104 Whitby Road

Ellesmere Port

Cheshire

CH65 0AB

FIXED ASSETS

Tangible assets

4

1,599

1,999

CURRENT ASSETS

Debtors

5

20,517

31,326

Cash at bank

6,987

24,034

27,504

55,360

CREDITORS

Amounts falling due within one year

6

64,348

63,899

NET CURRENT LIABILITIES

(36,844

)

(8,539

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,245

)

(6,540

)

CREDITORS

Amounts falling due after more than one year

7

(3,273

)

(13,286

)

PROVISIONS FOR LIABILITIES

(303

)

(386

)

NET LIABILITIES

(38,821

)

(20,212

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(38,921

)

(20,312

)

SHAREHOLDERS' FUNDS

(38,821

)

(20,212

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 29 July 2025 and were signed by:

J P Mcguinness - Director

1.	STATUTORY INFORMATION

J.P McGuinness Services Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

30,742

DEPRECIATION

At 1 February 2024

28,743

Charge for year

400

At 31 January 2025

29,143

NET BOOK VALUE

At 31 January 2025

1,599

At 31 January 2024

1,999

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,663

24,608

Other debtors

854

6,718

20,517

31,326

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,013

10,013

Taxation and social security

51,378

51,266

Other creditors

2,957

2,620

64,348

63,899

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,273

13,286