Company Registration No. 13333249 (England and Wales)
JM CARPENTRY & INTERIORS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
JM CARPENTRY & INTERIORS LIMITED
COMPANY INFORMATION
Director
J J Matthews
Company number
13333249
Registered office
3 Windsor Gardens
Clifton
Beds
SG17 5WA
JM CARPENTRY & INTERIORS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
JM CARPENTRY & INTERIORS LIMITED
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
2
6,226
8,302
Current assets
Debtors
3
40,087
3,193
Cash at bank and in hand
1,922
893
42,009
4,086
Creditors: amounts falling due within one year
4
(25,656)
(6,764)
Net current assets/(liabilities)
16,353
(2,678)
Total assets less current liabilities
22,579
5,624
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
22,578
5,623
Total equity
22,579
5,624
The director of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Director's responsibilities:
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
The director acknowledges his 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.
The financial statements were approved and signed by the director and authorised for issue on 27 November 2023
J J Matthews
Director
Company Registration No. 13333249
JM CARPENTRY & INTERIORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
JM Carpentry & Interiors Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Windsor Gardens, Clifton, Beds, SG17 5WA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
JM CARPENTRY & INTERIORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2023
- 3 -
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2022 and 30 June 2023
11,070
Depreciation and impairment
At 1 May 2022
2,768
Depreciation charged in the period
2,076
At 30 June 2023
4,844
Carrying amount
At 30 June 2023
6,226
At 30 April 2022
8,302
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
40,087
3,193
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
2,479
2,353
Corporation tax
5,637
801
Other taxation and social security
17,540
2,349
Other creditors
1,261
25,656
6,764
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Authorised
100 Ordinary of £1 each
100
100
Issued and fully paid
1 Ordinary of £1 each
1
1