Company Registration No. 12284249 (England and Wales)
JV Controls Limited
Unaudited accounts
for the year ended 31 October 2025
JV Controls Limited
Unaudited accounts
Contents
JV Controls Limited
Company Information
for the year ended 31 October 2025
Directors
M Garforth
J Midgley
Company Number
12284249 (England and Wales)
Registered Office
UNIT 8f CARR MILLS
BRADFORD ROAD
BIRSTALL
WF17 9JX
UNITED KINGDOM
Accountants
Hopkins Accountancy
6 Herdwick Road
Flockton
Wakefield
West Yorkshire
WF4 4FJ
JV Controls Limited
Statement of financial position
as at 31 October 2025
Tangible assets
33,522
6,631
Cash at bank and in hand
148,792
79,924
Creditors: amounts falling due within one year
(154,674)
(125,244)
Net current assets
380,295
297,859
Total assets less current liabilities
413,817
304,490
Provisions for liabilities
Deferred tax
(8,380)
(1,658)
Net assets
405,437
302,832
Called up share capital
200
200
Capital redemption reserve
100
100
Profit and loss account
405,137
302,532
Shareholders' funds
405,437
302,832
For the year ending 31 October 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by
M Garforth
Director
Company Registration No. 12284249
JV Controls Limited
Notes to the Accounts
for the year ended 31 October 2025
JV Controls Limited is a private company, limited by shares, registered in England and Wales, registration number 12284249. The registered office is UNIT 8f CARR MILLS, BRADFORD ROAD, BIRSTALL, WF17 9JX, UNITED KINGDOM.
These financial statements are the first prepared under Section 1A of FRS 102. The company previously reported under FRS 105, "The Financial Reporting Standard applicable to the Micro-entities Regime". The date of transition was 1 November 2023. The only change arising on transition is the recognition of deferred tax, which was not recognised under FRS 105. A deferred tax liability of £1,105 has been recognised at 1 November 2023 and £1,658 at 31 October 2024, reducing equity at those dates by the same amounts, and the tax charge for the year ended 31 October 2024 has been increased by £553. There were no other changes to the amounts previously reported.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
The financial statements have been prepared on the going concern basis. The directors have considered the company's expectations and intentions for a period of at least twelve months from the date of approval of these financial statements, together with the availability of working capital and the current management accounts, and are satisfied that the company will continue in operational existence for the foreseeable future.
Turnover represents amounts receivable for control systems engineering and integration services provided in the normal course of business, net of trade discounts and value added tax.
Revenue from the provision of services is recognised as the contracted work is performed. Amounts invoiced in advance of the related work being carried out, principally on placement of a contract, are not recognised as revenue until that work is performed. Revenue earned but not invoiced at the balance sheet date is recognised within accrued income.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. A full year’s depreciation is charged in the year of acquisition and none in the year of disposal. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years
JV Controls Limited
Notes to the Accounts
for the year ended 31 October 2025
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity, in which case it is recognised in equity.
Current tax is the amount of corporation tax payable in respect of the taxable profit for the year, measured using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax arises from timing differences, being differences between taxable profits and total comprehensive income as stated in the financial statements, which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on all timing differences at the balance sheet date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference. Deferred tax balances are not discounted.
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period to which they relate. The assets of the scheme are held separately from those of the company in an independently administered fund.
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, less any provision for impairment.
Rentals payable under operating leases are charged to the profit and loss account as they fall due.
3
Tangible fixed assets
Total
Charge for the year
10,104
JV Controls Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Deferred taxation
2025
2024
Accelerated capital allowances
8,380
1,658
Provision at start of year
1,658
1,105
Charged to the profit and loss account
6,722
553
Provision at end of year
8,380
1,658
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
6
Operating lease commitments
2025
2024
At 31 October 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
29,630
18,670
Later than one year and not later than five years
57,013
76,443
No advances or credits were granted by the company to its directors during the year, and no guarantees of any kind were entered into by the company on behalf of its directors.
8
Average number of employees
During the year the average number of employees was 12 (2024: 10).