JPS Wealth Management Limited - Period Ending 2020-10-31

JPS Wealth Management Limited - Period Ending 2020-10-31


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Registration number: 09274545

JPS Wealth Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2020

 

JPS Wealth Management Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

3

 

JPS Wealth Management Limited

Company Information

Directors

Mrs Jayna Shah

Mr Kalpesh Shah

Registered office

Hova House
1 Hova Villas
Hove
East Sussex
BN3 3DH

Accountants

SRC-Time Ltd
2nd Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

 

JPS Wealth Management Limited

(Registration number: 09274545)
Balance Sheet as at 31 October 2020

2020
£

2019
£

Fixed assets

83,640

109,696

Current assets

52,735

39,352

Creditors: Amounts falling due within one year

(23,913)

(47,575)

Net current assets/(liabilities)

28,822

(8,223)

Total assets less current liabilities

112,462

101,473

Creditors: Amounts falling due after more than one year

(39,000)

(64,306)

Accruals and deferred income

(1,600)

(1,500)

 

71,862

35,667

Capital and reserves

71,862

35,667

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 14 July 2021 and signed on its behalf by:
 

.........................................

Mrs Jayna Shah
Director

 

JPS Wealth Management Limited

(Registration number: 09274545)
Balance Sheet as at 31 October 2020

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2020

1

General information

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2019 - 2).