2024-02-01 2025-01-31 false No description of principal activity Capium Accounts Production 1.1 06944650 2024-02-01 2025-01-31 06944650 bus:FullAccounts 2024-02-01 2025-01-31 06944650 bus:FRS102 2024-02-01 2025-01-31 06944650 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 06944650 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 06944650 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06944650 2024-02-01 2025-01-31 06944650 2025-01-31 06944650 bus:RegisteredOffice 2024-02-01 2025-01-31 06944650 core:WithinOneYear 2025-01-31 06944650 core:AfterOneYear 2025-01-31 06944650 1 2024-02-01 2025-01-31 06944650 bus:Director1 2024-02-01 2025-01-31 06944650 bus:Director1 2025-01-31 06944650 bus:Director1 2023-02-01 2024-01-31 06944650 bus:Director2 2024-02-01 2025-01-31 06944650 bus:Director2 2025-01-31 06944650 bus:Director2 2023-02-01 2024-01-31 06944650 2023-02-01 06944650 bus:CompanySecretary1 2024-02-01 2025-01-31 06944650 bus:LeadAgentIfApplicable 2024-02-01 2025-01-31 06944650 2023-02-01 2024-01-31 06944650 2024-01-31 06944650 core:WithinOneYear 2024-01-31 06944650 core:AfterOneYear 2024-01-31 06944650 bus:EntityAccountantsOrAuditors 2023-02-01 2024-01-31 06944650 core:MotorCars 2024-02-01 2025-01-31 06944650 core:MotorCars 2025-01-31 06944650 core:MotorCars 2024-01-31 06944650 core:FurnitureFittings 2024-02-01 2025-01-31 06944650 core:FurnitureFittings 2025-01-31 06944650 core:FurnitureFittings 2024-01-31 06944650 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-01-31 06944650 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 06944650 core:NetGoodwill 2024-02-01 2025-01-31 06944650 core:NetGoodwill 2025-01-31 06944650 core:NetGoodwill 2024-01-31 06944650 core:CostValuation core:Non-currentFinancialInstruments 2025-01-31 06944650 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 06944650 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-01-31 06944650 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-01-31 06944650 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-01-31 06944650 core:Non-currentFinancialInstruments 2025-01-31 06944650 core:Non-currentFinancialInstruments 2024-01-31 06944650 core:ShareCapital 2025-01-31 06944650 core:ShareCapital 2024-01-31 06944650 core:RevaluationReserve 2025-01-31 06944650 core:RevaluationReserve 2024-01-31 06944650 core:RetainedEarningsAccumulatedLosses 2025-01-31 06944650 core:RetainedEarningsAccumulatedLosses 2024-01-31 06944650 dpl:Item1 2024-02-01 06944650 dpl:Item1 2025-01-31 06944650 dpl:Item1 2023-02-01 06944650 dpl:Item1 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06944650
England and Wales

 

 

 

JFS BUSINESS SERVICES LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2024

End date: 31 January 2025
 
 		 Notes
 		 2025
£		   2024
£
Fixed assets      
Intangible fixed assets 3 357,227    274,024 
Tangible fixed assets 4 88,778    108,724 
446,005    382,748 
Current assets      
Stocks 5 140,716    116,453 
Debtors 6 517,461    478,980 
Cash at bank and in hand 32,211    (48,866)
690,388    546,567 
Creditors: amount falling due within one year 7 (508,234)   (439,474)
Net current assets 182,154    107,093 
 
Total assets less current liabilities 628,159    489,841 
Creditors: amount falling due after more than one year 8 (204,086)   (118,187)
Provisions for liabilities 9 (1,285)   (828)
Net assets 422,788    370,826 
 

Capital and reserves 		     
Called up share capital 100    100 
Revaluation Reserves 10 16,200    16,200 
Profit and loss account 406,488    354,526 
Shareholders' funds 422,788    370,826 
 


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

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 31 October 2025 and were signed on its behalf by:


-------------------------------
Jane Elizabeth Freeman
Director
1
General Information
JFS Business Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06944650, registration address 58 Durham Road, Birtley, County Durham, DH3 2QJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the going concern and the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
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, 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. 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.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 25 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 20% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 17 (2024 : 17).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 February 2024 394,913    394,913 
Additions 100,000    100,000 
Disposals -    - 
At 31 January 2025 494,913    494,913 
Amortisation
At 01 February 2024 120,889    120,889 
Charge for year 16,797    16,797 
On disposals -    - 
At 31 January 2025 137,686    137,686 
Net book values
At 31 January 2025 357,227    357,227 
At 31 January 2024 274,024    274,024 


4.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Total
  £   £   £
At 01 February 2024 71,905    144,260    216,165 
Additions -    3,102    3,102 
Disposals -    (6,416)   (6,416)
At 31 January 2025 71,905    140,946    212,851 
Depreciation
At 01 February 2024 20,614    86,827    107,441 
Charge for year 10,619    8,489    19,108 
On disposals -    (2,476)   (2,476)
At 31 January 2025 31,233    92,840    124,073 
Net book values
Closing balance as at 31 January 2025 40,672    48,106    88,778 
Opening balance as at 01 February 2024 51,291    57,433    108,724 


5.

Stocks

2025
£		   2024
£
Work in Progress 140,716    116,453 
140,716    116,453 

6.

Debtors: amounts falling due within one year

2025
£		   2024
£
Trade Debtors 235,314    202,375 
Other Debtors 282,147    276,605 
517,461    478,980 

7.

Creditors: amount falling due within one year

2025
£		   2024
£
Trade Creditors 6,384    9,716 
Corporation Tax 49,349    33,371 
PAYE & Social Security 9,060    7,794 
Accrued Expenses 5,520    5,520 
Other Creditors 373,202    300,721 
Obligations under HP/Financial Leases 9,027    9,027 
Directors' Current Accounts 9,604    32,624 
VAT 46,088    40,701 
508,234    439,474 

8.

Creditors: amount falling due after more than one year

2025
£		   2024
£
Bank Loans & Overdrafts 167,915    72,988 
Obligations Under HP/Financial Leases 36,171    45,199 
204,086    118,187 

9.

Provisions for liabilities

2025
£		   2024
£
Pension Provisions 1,285    828 
1,285    828 

10.

Revaluation Reserves

2025
£		   2024
£
Revaluation Reserve b/fwd 16,200    16,200 
16,200    16,200 

11.

Director's Advances, credits and guarantees

Included in creditors: amounts due within one year, are amounts owed to the Director of £9,604 (2024 £32,624)
12.

Discolsure of controlling party

For the whole of the period under review the company was under the control of Jane Elizabeth Freeman and Derrick Hutchinson.
2