J.M. HARE SERVICES LIMITED

J.M. HARE SERVICES LIMITED

J.M. HARE SERVICES LIMITED - Company Information

Print Friendly Version

J.M. HARE SERVICES LIMITED

Company Registration Number:
06842292 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

J.M. HARE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

J.M. HARE SERVICES LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 1,256,065 691,791
Total fixed assets: 1,256,065 691,791
Current assets
Debtors:   415,862 346,970
Cash at bank and in hand: 359,512 386,709
Total current assets: 775,374 733,679
Creditors: amounts falling due within one year: 4 (1,222,829) (735,243)
Net current assets (liabilities): (447,455) (1,564)
Total assets less current liabilities: 808,610 690,227
Total net assets (liabilities): 808,610 690,227
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 808,510 690,127
Shareholders funds: 808,610 690,227

The notes form part of these financial statements

J.M. HARE SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 December 2023
and signed on behalf of the board by:

Name: Jonathan Hare
Status: Director

The notes form part of these financial statements

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Motor Vehicles – 20% on wdvPlant & Equipment – 15% on wdvIf there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 28 23

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 1,367,693
Additions 828,302
Disposals (90,750)
At 31 March 2023 2,105,245
Depreciation
At 01 April 2022 675,902
Charge for year 221,659
On disposals (48,381)
At 31 March 2023 849,180
Net book value
At 31 March 2023 1,256,065
At 31 March 2022 691,791

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Bank Loans and overdrafts £135417,Trade Creditors £92803,Social Security and other taxes £19254,Other Creditors £975355,TOTAL £1222829