|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 July 2019 |
|
for |
|
Just Electrical Services Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 July 2019 |
|
for |
|
Just Electrical Services Limited |
Just Electrical Services Limited (Registered number: 05870678) |
|
Contents of the Financial Statements |
for the Year Ended 31 July 2019 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Just Electrical Services Limited |
|
Company Information |
for the Year Ended 31 July 2019 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
238 Station Road |
Addlestone |
Surrey |
KT15 2PS |
Just Electrical Services Limited (Registered number: 05870678) |
|
Balance Sheet |
31 July 2019 |
|
31.7.19 | 31.7.18 |
Notes | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
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 on
|
|
|
|
|
|
|
|
Just Electrical Services Limited (Registered number: 05870678) |
|
Notes to the Financial Statements |
for the Year Ended 31 July 2019 |
|
|
1. | STATUTORY INFORMATION |
|
Just Electrical Services Limited is a
|
The company's registered number and registered office address can be found on the Company |
Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Revenue |
Revenue is measured at fair value and represents revenues receivable under contracts net of value |
added tax. Where contractual obligations have been partially performed at the balance sheet date, |
revenue is recognised to the extent that the company has obtained the right to consideration through |
its performance. |
|
Tangible fixed assets |
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over |
their estimated useful lives as follows: |
|
Motor vehicles - 25% on reducing balance |
Office equipment - 33% straight line |
|
On disposal, the difference between the net disposal proceeds and the carrying amount of the item |
sold is recognised in the income statement. |
|
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. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
Just Electrical Services Limited (Registered number: 05870678) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2019 |
|
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | PROPERTY, PLANT AND EQUIPMENT |
Motor |
vehicles | Equipment | Totals |
£ | £ | £ |
COST |
At 1 August 2018 |
and 31 July 2019 |
|
|
|
DEPRECIATION |
At 1 August 2018 |
|
|
|
Charge for year |
|
|
|
At 31 July 2019 |
|
|
|
NET BOOK VALUE |
At 31 July 2019 |
|
|
|
At 31 July 2018 |
|
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.19 | 31.7.18 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
Prepayments |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.19 | 31.7.18 |
£ | £ |
Trade creditors |
|
|
Tax |
|
|
Social security and other taxes |
|
|
VAT |
|
|
Other creditors |
|
|
Directors' current accounts |
|
|
Accrued expenses |
|
|
|
|
|
7. | RELATED PARTY DISCLOSURES |
|
At the year end the company owed the director, Mr J Mitchell £467 (2018 - £305) in respect of his directors' loan account. |
|
The loan is interest free and repayable on demand. |