Company registration number 13074403 (England and Wales)
JAS3 LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
JAS3 LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
JAS3 LTD
BALANCE SHEET
AS AT 31 DECEMBER 2021
31 December 2021
- 1 -
2021
Notes
£
£
Current assets
Debtors
3
4,441
Cash at bank and in hand
5,693
10,134
Creditors: amounts falling due within one year
4
(10,034)
Net current assets
100
Capital and reserves
-
Called up share capital
5
100
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial period ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 25 August 2022 and are signed on its behalf by:
Mrs A Reade
Mr J Schofield
Director
Director
Mr S Schofield
Director
Company Registration No. 13074403
JAS3 LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2021
- 2 -
Share capital
Notes
£
Balance at 10 December 2020
Period ended 31 December 2021:
Profit and total comprehensive income for the period
-
Issue of share capital
5
100
Balance at 31 December 2021
100
JAS3 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021
- 3 -
1
Accounting policies
Company information
JAS3 Ltd is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
The Grange, Main Rd, Worleston, Nantwich, CW5 6DN.
1.1
Reporting period
The company was incorporated on 10 December 2020. These are the first financial statements of the company and cover the period from incorporation on 10 December 2020 to 31 December 2021.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2021
Number
Total
3
3
Debtors
2021
Amounts falling due within one year:
£
Other debtors
4,441
JAS3 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2021
- 4 -
4
Creditors: amounts falling due within one year
2021
£
Trade creditors
34
Other creditors
10,000
10,034
5
Called up share capital
2021
2021
Ordinary share capital
Number
£
Issued and not fully paid
Ordinary shares of £1 each
100
100
The ordinary share capital remained unpaid at the period end.
6
Related party transactions
2021
Amounts due to related parties
£
Key management personnel
10,000
The following amounts were outstanding at the reporting end date:
2021
Amounts due from related parties
£
Entities with common control
28
Other related parties
3,749