Company Registration No. 03420648 (England and Wales)
J.I.T. (UK) 97 Ltd
Unaudited accounts
for the year ended 31 August 2019
J.I.T. (UK) 97 Ltd
Unaudited accounts
Contents
J.I.T. (UK) 97 Ltd
Company Information
for the year ended 31 August 2019
Company Number
03420648 (England and Wales)
Registered Office
5 LONGHEY ROAD
MANCHESTER
LANCASHIRE
M22 8UA
Accountants
Jordan Pickup
34 Victoria Street
Altrincham
Cheshire
WA14 1ET
J.I.T. (UK) 97 Ltd
Statement of financial position
as at
31 August 2019
Tangible assets
2,442
3,087
Cash at bank and in hand
5,617
12,273
Creditors: amounts falling due within one year
(14,468)
(17,716)
Net current liabilities
(8,851)
(5,443)
Net liabilities
(6,409)
(2,356)
Profit and loss account
(6,410)
(2,357)
Shareholders' funds
(6,409)
(2,356)
For the year ending 31 August 2019 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.
The financial statements were approved by the Board and authorised for issue on 26 August 2020 and were signed on its behalf by
James Ireland
Director
Company Registration No. 03420648
J.I.T. (UK) 97 Ltd
Notes to the Accounts
for the year ended 31 August 2019
J.I.T. (UK) 97 Ltd is a private company, limited by shares, registered in England and Wales, registration number 03420648. The registered office is 5 LONGHEY ROAD, MANCHESTER, LANCASHIRE, M22 8UA.
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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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2018
990
7,347
8,337
At 31 August 2019
990
7,347
8,337
At 1 September 2018
433
4,817
5,250
Charge for the year
139
506
645
At 31 August 2019
572
5,323
5,895
At 31 August 2019
418
2,024
2,442
At 31 August 2018
557
2,530
3,087
J.I.T. (UK) 97 Ltd
Notes to the Accounts
for the year ended 31 August 2019
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Creditors: amounts falling due within one year
2019
2018
Trade creditors
2,519
4,080
Taxes and social security
2,132
2,539
Loans from directors
9,817
11,097
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Average number of employees
During the year the average number of employees was 1 (2018: 1).