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REGISTERED NUMBER: 05301219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Just Investment Strategies Limited

Just Investment Strategies Limited (Registered number: 05301219)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Just Investment Strategies Limited

Company Information
for the Year Ended 31 March 2023







Director: M J Duckworth





Secretary: M J Duckworth





Registered office: 6A Castle Street
Ruthin
Denbighshire
LL15 1DP





Registered number: 05301219 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Just Investment Strategies Limited (Registered number: 05301219)

Statement of Financial Position
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,792 4,446

Current assets
Debtors 5 5,388 2,710
Cash at bank 83,683 89,614
89,071 92,324
Creditors
Amounts falling due within one year 6 27,726 38,125
Net current assets 61,345 54,199
Total assets less current liabilities 64,137 58,645

Provisions for liabilities 698 844
Net assets 63,439 57,801

Capital and reserves
Called up share capital 1,000 1,000
Retained earnings 62,439 56,801
63,439 57,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Just Investment Strategies Limited (Registered number: 05301219)

Statement of Financial Position - continued
31 March 2023


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 26 September 2023 and were signed by:





M J Duckworth - Director


Just Investment Strategies Limited (Registered number: 05301219)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. Statutory information

Just Investment Strategies 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.

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

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Just Investment Strategies Limited (Registered number: 05301219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. Accounting policies - continued

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2022 - 7 ) .

4. Tangible fixed assets
Fixtures,
fittings
and
equipment
£   
Cost
At 1 April 2022 45,769
Additions 1,565
At 31 March 2023 47,334
Depreciation
At 1 April 2022 41,323
Charge for year 3,219
At 31 March 2023 44,542
Net book value
At 31 March 2023 2,792
At 31 March 2022 4,446

5. Debtors: amounts falling due within one year
31/3/23 31/3/22
£    £   
Other debtors 5,388 2,710

6. Creditors: amounts falling due within one year
31/3/23 31/3/22
£    £   
Taxation and social security 24,169 34,726
Other creditors 3,557 3,399
27,726 38,125

Just Investment Strategies Limited (Registered number: 05301219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. Other financial commitments

At 31 March 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £18,226. (2022 - £32,677) of which £7,798 was due within one year (2022 - £14,452).