Company Registration No. 8585924 (England and Wales)
JEM ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
for the year ended 30 June 2018
JEM ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
Contents
JEM ELECTRICAL CONTRACTORS LIMITED
Company Information
for the year ended 30 June 2018
Company Number
8585924 (England and Wales)
Registered Office
17 CEDAR DRIVE
WORLINGHAM
BECCLES
NR34 7EW
Accountants
P Lacey & Associates
Office 17
2 Regent House
Lowestoft
NR32 1PA
JEM ELECTRICAL CONTRACTORS LIMITED
Statement of financial position
as at 30 June 2018
Tangible assets
20,737
22,838
Cash at bank and in hand
20,105
25,832
Creditors: amounts falling due within one year
(24,122)
(35,479)
Net current assets
16,193
14,600
Called up share capital
2
2
Profit and loss account
36,928
37,436
Shareholders' funds
36,930
37,438
For the year ending 30 June 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 October 2018.
Danny Smith
Director
Company Registration No. 8585924
JEM ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2018
JEM ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8585924. The registered office is 17 CEDAR DRIVE, WORLINGHAM, BECCLES, NR34 7EW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance of 15%
Motor vehicles
Reducing Balance of 15%
Computer equipment
Reducing Balance of 15%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2017
4,694
24,028
1,486
30,208
At 30 June 2018
6,252
24,028
1,486
31,766
At 1 July 2017
1,257
5,890
223
7,370
Charge for the year
749
2,721
189
3,659
At 30 June 2018
2,006
8,611
412
11,029
At 30 June 2018
4,246
15,417
1,074
20,737
At 30 June 2017
3,437
18,138
1,263
22,838
JEM ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2018
Trade debtors
17,648
24,247
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
3,906
10,312
Taxes and social security
10,357
12,779
Loans from directors
9,859
12,388
7
Average number of employees
During the year the average number of employees was 3 (2017: 3).
