1 April 2022 false No description of principal activity Taxfiler 2023.9 08958361business:PrivateLimitedCompanyLtd2022-04-012023-03-31 089583612022-03-31 089583612022-04-012023-03-31 08958361business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 08958361business:FilletedAccounts2022-04-012023-03-31 089583612023-03-31 08958361business:Director12022-04-012023-03-31 08958361business:Director22022-04-012023-03-31 08958361business:RegisteredOffice2022-04-012023-03-31 089583612022-03-31 08958361core:WithinOneYear2023-03-31 08958361core:WithinOneYear2022-03-31 08958361core:AfterOneYear2023-03-31 08958361core:AfterOneYear2022-03-31 08958361core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08958361core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 08958361core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08958361core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 08958361core:PreviouslyStatedAmount2023-03-31 08958361core:PreviouslyStatedAmount2022-03-31 08958361business:SmallEntities2022-04-012023-03-31 08958361countries:EnglandWales2022-04-012023-03-31 08958361core:PlantMachinery2022-04-012023-03-31 08958361core:ComputerEquipment2022-04-012023-03-31 08958361core:Goodwill2022-03-31 08958361core:Goodwill2023-03-31 08958361core:Goodwill2022-04-012023-03-31 08958361core:PlantMachinery2022-03-31 08958361core:ComputerEquipment2022-03-31 08958361core:PlantMachinery2023-03-31 08958361core:ComputerEquipment2023-03-31 089583612021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08958361 (England and Wales)
J&E HIGHAM & COMPANY LTD Unaudited accounts for the year ended 31 March 2023
J&E HIGHAM & COMPANY LTD Unaudited accounts Contents
Page
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J&E HIGHAM & COMPANY LTD Company Information for the year ended 31 March 2023
Directors
J Higham E Higham
Company Number
08958361 (England and Wales)
Registered Office
Sky Cottage 86 Church Street Edenbridge TN8 5BQ
Accountants
G Schulz & Company Ltd Chartered Management Accountants G W Schulz ACMA 3 Lane Close Horsham, West Sussex RH12 3UF
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J&E HIGHAM & COMPANY LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,000 
18,000 
Tangible assets
2,207 
4,983 
11,207 
22,983 
Current assets
Debtors
14,530 
34,404 
Cash at bank and in hand
15,129 
5,887 
29,659 
40,291 
Creditors: amounts falling due within one year
(29,703)
(33,799)
Net current (liabilities)/assets
(44)
6,492 
Total assets less current liabilities
11,163 
29,475 
Creditors: amounts falling due after more than one year
(1,900)
(1,900)
Net assets
9,263 
27,575 
Capital and reserves
Called up share capital
90,000 
90,000 
Profit and loss account
(80,737)
(62,425)
Shareholders' funds
9,263 
27,575 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2023 and were signed on its behalf by
J Higham Director Company Registration No. 08958361
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J&E HIGHAM & COMPANY LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
J&E HIGHAM & COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 08958361. The registered office is Sky Cottage, 86 Church Street, Edenbridge, TN8 5BQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
25% on cost
Computer equipment
33% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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J&E HIGHAM & COMPANY LTD Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
90,000 
At 31 March 2023
90,000 
Amortisation
At 1 April 2022
72,000 
Charge for the year
9,000 
At 31 March 2023
81,000 
Net book value
At 31 March 2023
9,000 
At 31 March 2022
18,000 
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
65,358 
9,254 
74,612 
Additions
- 
524 
524 
At 31 March 2023
65,358 
9,778 
75,136 
Depreciation
At 1 April 2022
62,674 
6,955 
69,629 
Charge for the year
1,563 
1,737 
3,300 
At 31 March 2023
64,237 
8,692 
72,929 
Net book value
At 31 March 2023
1,121 
1,086 
2,207 
At 31 March 2022
2,684 
2,299 
4,983 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,250 
32,118 
Other debtors
3,280 
2,286 
14,530 
34,404 
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J&E HIGHAM & COMPANY LTD Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,593 
9,089 
VAT
3,179 
- 
Trade creditors
4,227 
11,136 
Taxes and social security
3,844 
7,095 
Other creditors
1,010 
2,204 
Accruals
3,100 
400 
Deferred income
7,750 
3,875 
29,703 
33,799 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
1,900 
1,900 
9
Average number of employees
During the year the average number of employees was 3 (2022: 5).
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