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REGISTERED NUMBER: 04421970 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

JOURNEY4 LIMITED

JOURNEY4 LIMITED (REGISTERED NUMBER: 04421970)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JOURNEY4 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mr J A Booth
Mr S D Pearce



REGISTERED OFFICE: Blake House
18 Blake Street
York
North Yorkshire
YO1 8QG



REGISTERED NUMBER: 04421970 (England and Wales)



ACCOUNTANTS: Temporal Lennon & Company Limited
Chartered Accountants
Suite 1
1 The Crescent
Adel
Leeds
West Yorkshire
LS16 6AA



BANKERS: Barclays Bank
Barclays Business Centre
Harrogate Branch
25 James Street
Harrogate
North Yorkshire
HG1 1QX

JOURNEY4 LIMITED (REGISTERED NUMBER: 04421970)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,017 704

CURRENT ASSETS
Debtors 5 150,953 30,624
Cash at bank 258,099 138,311
409,052 168,935
CREDITORS
Amounts falling due within one year 6 253,800 87,981
NET CURRENT ASSETS 155,252 80,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,269

81,658

CREDITORS
Amounts falling due after more than one
year

7

(34,167

)

(43,333

)

PROVISIONS FOR LIABILITIES (186 ) (125 )
NET ASSETS 121,916 38,200

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 121,914 38,198
SHAREHOLDERS' FUNDS 121,916 38,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2022 and were signed on its behalf by:





Mr J A Booth - Director


JOURNEY4 LIMITED (REGISTERED NUMBER: 04421970)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Journey4 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis which is dependent on the continued financial support of the directors and shareholders of the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

JOURNEY4 LIMITED (REGISTERED NUMBER: 04421970)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2021 218 5,527 5,745
Additions - 812 812
At 31 March 2022 218 6,339 6,557
DEPRECIATION
At 1 April 2021 206 4,835 5,041
Charge for year 3 496 499
At 31 March 2022 209 5,331 5,540
NET BOOK VALUE
At 31 March 2022 9 1,008 1,017
At 31 March 2021 12 692 704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 150,953 30,624

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 10,000 6,667
Trade creditors 95,008 22,645
Taxation and social security 107,387 39,654
Other creditors 41,405 19,015
253,800 87,981

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 34,167 43,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - 3,333