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REGISTERED NUMBER: 00437056















Financial Statements for the Year Ended 30 November 2021

for

J.H.& T.P.Duncan Limited

J.H.& T.P.Duncan Limited (Registered number: 00437056)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.H.& T.P.Duncan Limited

Company Information
for the Year Ended 30 November 2021







DIRECTOR: A D Snook





SECRETARY:





REGISTERED OFFICE: 310 Upminster Road North
Rainham
Essex
RM13 9RY





REGISTERED NUMBER: 00437056





ACCOUNTANTS: Accounting & Taxation Centre BTD
36 Queens Road
Newbury
Berkshire
RG14 7NE

J.H.& T.P.Duncan Limited (Registered number: 00437056)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 23,961 26,927

CURRENT ASSETS
Inventories 24,884 20,928
Debtors 5 22,452 12,782
Cash at bank 223,744 114,271
271,080 147,981
CREDITORS
Amounts falling due within one year 6 252,592 153,921
NET CURRENT ASSETS/(LIABILITIES) 18,488 (5,940 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,449

20,987

CREDITORS
Amounts falling due after more than one
year

7

11,745

16,016
NET ASSETS 30,704 4,971

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 30,404 4,671
SHAREHOLDERS' FUNDS 30,704 4,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

J.H.& T.P.Duncan Limited (Registered number: 00437056)

Balance Sheet - continued
30 November 2021


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2022 and were signed by:





A D Snook - Director


J.H.& T.P.Duncan Limited (Registered number: 00437056)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

J.H.& T.P.Duncan Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Revenue 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.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2020 - 5 ).

J.H.& T.P.Duncan Limited (Registered number: 00437056)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2020 54,084
Additions 3,358
At 30 November 2021 57,442
DEPRECIATION
At 1 December 2020 27,157
Charge for year 6,324
At 30 November 2021 33,481
NET BOOK VALUE
At 30 November 2021 23,961
At 30 November 2020 26,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors 22,452 12,782

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade creditors 63,968 25,308
Taxation and social security 86,534 34,753
Other creditors 102,090 93,860
252,592 153,921

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.21 30.11.20
£    £   
Other creditors 11,745 16,016