JAG Mechanical Building Services Limited 31/08/2025 iXBRL

Company registration number: 10920186

JAG Mechanical Building Services Limited

Unaudited filleted financial statements

31 August 2025

JAG Mechanical Building Services Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

JAG Mechanical Building Services Limited

Directors and other information


	Director	Mr J Cruz


	Company number	10920186


	Registered office	69 South Avenue
		Gillingham
		Kent
		ME8 6EE


	Business address	69 South Avenue
		Gillingham
		Kent
		ME8 6EE


	Accountants	Henry Reeves and Co Medway Limited
		69-71 High Street
		Chatham
		Kent
		ME4 4EE

JAG Mechanical Building Services Limited

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of JAG Mechanical Building Services Limited

Year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JAG Mechanical Building Services Limited for the year ended 31 August 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of JAG Mechanical Building Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of JAG Mechanical Building Services Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JAG Mechanical Building Services Limited and its director as a body for our work or for this report.

It is your duty to ensure that JAG Mechanical Building Services 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 profit of JAG Mechanical Building Services Limited. You consider that JAG Mechanical Building Services 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 JAG Mechanical Building Services 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.

Henry Reeves and Co Medway Limited

Chartered Accountants

69-71 High Street

Chatham

Kent

ME4 4EE

21 October 2025

JAG Mechanical Building Services Limited

Statement of financial position

31 August 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	99,288		57,074
		_______		_______
			99,288		57,074

Current assets
Stocks		6,000		10,000
Debtors	6	584,526		228,386
Cash at bank and in hand		457,247		1,021,545
		_______		_______
		1,047,773		1,259,931
Creditors: amounts falling due
within one year	7	( 154,387)		( 390,450)
		_______		_______
Net current assets			893,386		869,481
			_______		_______
Total assets less current liabilities			992,674		926,555

Creditors: amounts falling due
after more than one year	8		( 39,931)		-

Provisions for liabilities			( 26,311)		( 15,125)

			_______		_______
Net assets			926,432		911,430
			_______		_______

Capital and reserves
Called up share capital	9		20		20
Profit and loss account			926,412		911,410
			_______		_______
Shareholders funds			926,432		911,430
			_______		_______

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 21 October 2025 , and are signed on behalf of the board by:

Mr J Cruz

Director

Company registration number: 10920186

JAG Mechanical Building Services Limited

Notes to the financial statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 69 South Avenue, Gillingham, Kent, ME8 6EE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.Revenue from the rendering of services is measured by reference to the reliable estimate of the stage of completion of the stage of the services provided by the end of the reporting period. When the outcome cannot be reliably estimated revenue is reconciling only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

The company only enters into financial instruments that results in the recognition of financial assets and liabilities, such as trade and other debtors and creditors.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 September 2024	10,263	21,711	85,176	117,150
Additions	197	472	76,669	77,338
Disposals	-	( 7,163)	-	( 7,163)
	_______	_______	_______	_______
At 31 August 2025	10,460	15,020	161,845	187,325
	_______	_______	_______	_______
Depreciation
At 1 September 2024	6,541	12,155	41,380	60,076
Charge for the year	980	2,001	30,116	33,097
Disposals	-	( 5,136)	-	( 5,136)
	_______	_______	_______	_______
At 31 August 2025	7,521	9,020	71,496	88,037
	_______	_______	_______	_______
Carrying amount
At 31 August 2025	2,939	6,000	90,349	99,288
	_______	_______	_______	_______
At 31 August 2024	3,722	9,556	43,796	57,074
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	5,449	187,360
Other debtors	579,077	41,026
	_______	_______
	584,526	228,386
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	5,434	8,192
Social security and other taxes	112,542	349,747
Other creditors	36,411	32,511
	_______	_______
	154,387	390,450
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	39,931	-
	_______	_______

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	20	20	20	20
	_______	_______	_______	_______

10. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr J Cruz	( 109)	318,135	( 348)	317,678
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr J Cruz	( 480)	14,681	( 14,310)	( 109)
		_______	_______	_______	_______

The above aggregated and summarised loans are unsecured, with interest applied at HM Revenue and Customs official rates and are repayable on demand.