Company No:
Contents
Note | 30.07.2021 | 30.07.2020 | ||
£ | £ | |||
Current assets | ||||
Debtors | 4 |
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Cash at bank and in hand | 5 |
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14,374 | 27,080 | |||
Creditors | ||||
Amounts falling due within one year | 6 | (
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Net current liabilities | (70,857) | (95,457) | ||
Total assets less current liabilities | (70,857) | (95,457) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of JHS Gears Ltd (registered number:
W G Jenkins
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period.
JHS Gears Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus House, 2 Cray Road, Sidcup, Kent, DA14 5DA.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.
The functional currency of JHS Gears Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Year ended 30.07.2021 |
Period from 28.02.2019 to 30.07.2020 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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30.07.2021 | 30.07.2020 | ||
£ | £ | ||
Trade debtors |
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30.07.2021 | 30.07.2020 | ||
£ | £ | ||
Cash at bank and in hand |
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30.07.2021 | 30.07.2020 | ||
£ | £ | ||
Trade creditors |
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Other creditors |
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Other taxation and social security |
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30.07.2021 | 30.07.2020 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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