COMPANY REGISTRATION NUMBER:
NI656596
Filleted Unaudited Financial Statements
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Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Jimac Tools Ltd
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Year ended 31 October 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jimac Tools Ltd for the year ended 31 October 2020, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Jimac Tools Ltd in accordance with the terms of our engagement letter dated 5 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Jimac Tools Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jimac Tools Ltd and its director for our work or for this report.
It is your duty to ensure that Jimac Tools Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Jimac Tools Ltd. You consider that Jimac Tools Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Jimac Tools Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
ARTHUR BOYD & COMPANY
Chartered accountants
5th Floor Causeway Tower
9 James Street South
Belfast
BT2 8DN
22 July 2021
Statement of Financial Position
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31 October 2020
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Period from
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Year to
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28 Oct 18 to
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31 Oct 20
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31 Oct 19
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£
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£
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Fixed assets
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9,873
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11,107
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--------
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Current assets
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576
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11,510
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Prepayments and accrued income
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480
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–
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-------
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--------
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1,056
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11,510
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Creditors: amounts falling due within one year
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19,022
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29,672
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--------
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Net current liabilities
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17,966
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18,162
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Total assets less current liabilities
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(
8,093)
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(
7,055)
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Accruals and deferred income
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1,200
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400
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-------
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-------
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(9,293)
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(7,455)
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-------
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-------
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Capital and reserves
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(
9,293)
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(
7,455)
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-------
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-------
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Notes to the financial statements
1.
Director's advances, credits and guarantees
The company owes the director £19,022 at the financial year end. The amount, which is interest free and payable on demand, is included in other creditors above.
For the year ending 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
22 July 2021
, and are signed on behalf of the board by:
Company registration number:
NI656596
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 4 Carnkilly Road, Glenavy, Crumlin, BT29 4NW.