2022-04-012023-03-312023-03-31false04755381J.H & D NEWSAGENTS LIMITED2023-07-0647110iso4217:GBPxbrli:pure047553812022-04-01047553812023-03-31047553812022-04-012023-03-31047553812021-04-01047553812022-03-31047553812021-04-012022-03-3104755381bus:SmallEntities2022-04-012023-03-3104755381bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3104755381bus:FullAccounts2022-04-012023-03-3104755381bus:PrivateLimitedCompanyLtd2022-04-012023-03-3104755381core:WithinOneYear2023-03-3104755381core:AfterOneYear2023-03-3104755381core:WithinOneYear2022-03-3104755381core:AfterOneYear2022-03-3104755381core:ShareCapital2023-03-3104755381core:SharePremium2023-03-3104755381core:RevaluationReserve2023-03-3104755381core:OtherReservesSubtotal2023-03-3104755381core:RetainedEarningsAccumulatedLosses2023-03-3104755381core:ShareCapital2022-03-3104755381core:SharePremium2022-03-3104755381core:RevaluationReserve2022-03-3104755381core:OtherReservesSubtotal2022-03-3104755381core:RetainedEarningsAccumulatedLosses2022-03-3104755381core:LandBuildings2023-03-3104755381core:PlantMachinery2023-03-3104755381core:Vehicles2023-03-3104755381core:FurnitureFittings2023-03-3104755381core:OfficeEquipment2023-03-3104755381core:NetGoodwill2023-03-3104755381core:IntangibleAssetsOtherThanGoodwill2023-03-3104755381core:ListedExchangeTraded2023-03-3104755381core:UnlistedNon-exchangeTraded2023-03-3104755381core:LandBuildings2022-03-3104755381core:PlantMachinery2022-03-3104755381core:Vehicles2022-03-3104755381core:FurnitureFittings2022-03-3104755381core:OfficeEquipment2022-03-3104755381core:NetGoodwill2022-03-3104755381core:IntangibleAssetsOtherThanGoodwill2022-03-3104755381core:ListedExchangeTraded2022-03-3104755381core:UnlistedNon-exchangeTraded2022-03-3104755381core:LandBuildings2022-04-012023-03-3104755381core:PlantMachinery2022-04-012023-03-3104755381core:Vehicles2022-04-012023-03-3104755381core:FurnitureFittings2022-04-012023-03-3104755381core:OfficeEquipment2022-04-012023-03-3104755381core:NetGoodwill2022-04-012023-03-3104755381core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104755381core:ListedExchangeTraded2022-04-012023-03-3104755381core:UnlistedNon-exchangeTraded2022-04-012023-03-3104755381core:MoreThanFiveYears2022-04-012023-03-3104755381core:Non-currentFinancialInstruments2023-03-3104755381core:Non-currentFinancialInstruments2022-03-3104755381dpl:CostSales2022-04-012023-03-3104755381dpl:DistributionCosts2022-04-012023-03-3104755381dpl:AdministrativeExpenses2022-04-012023-03-3104755381core:LandBuildings2022-04-012023-03-3104755381core:PlantMachinery2022-04-012023-03-3104755381core:Vehicles2022-04-012023-03-3104755381core:FurnitureFittings2022-04-012023-03-3104755381core:OfficeEquipment2022-04-012023-03-3104755381core:NetGoodwill2022-04-012023-03-3104755381core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104755381dpl:GroupUndertakings2022-04-012023-03-3104755381dpl:ParticipatingInterests2022-04-012023-03-3104755381dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3104755381core:ListedExchangeTraded2022-04-012023-03-3104755381dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3104755381core:UnlistedNon-exchangeTraded2022-04-012023-03-3104755381dpl:CostSales2021-04-012022-03-3104755381dpl:DistributionCosts2021-04-012022-03-3104755381dpl:AdministrativeExpenses2021-04-012022-03-3104755381core:LandBuildings2021-04-012022-03-3104755381core:PlantMachinery2021-04-012022-03-3104755381core:Vehicles2021-04-012022-03-3104755381core:FurnitureFittings2021-04-012022-03-3104755381core:OfficeEquipment2021-04-012022-03-3104755381core:NetGoodwill2021-04-012022-03-3104755381core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3104755381dpl:GroupUndertakings2021-04-012022-03-3104755381dpl:ParticipatingInterests2021-04-012022-03-3104755381dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3104755381core:ListedExchangeTraded2021-04-012022-03-3104755381dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3104755381core:UnlistedNon-exchangeTraded2021-04-012022-03-3104755381core:NetGoodwill2023-03-3104755381core:IntangibleAssetsOtherThanGoodwill2023-03-3104755381core:LandBuildings2023-03-3104755381core:PlantMachinery2023-03-3104755381core:Vehicles2023-03-3104755381core:FurnitureFittings2023-03-3104755381core:OfficeEquipment2023-03-3104755381core:AfterOneYear2023-03-3104755381core:WithinOneYear2023-03-3104755381core:ListedExchangeTraded2023-03-3104755381core:UnlistedNon-exchangeTraded2023-03-3104755381core:ShareCapital2023-03-3104755381core:SharePremium2023-03-3104755381core:RevaluationReserve2023-03-3104755381core:OtherReservesSubtotal2023-03-3104755381core:RetainedEarningsAccumulatedLosses2023-03-3104755381core:NetGoodwill2022-03-3104755381core:IntangibleAssetsOtherThanGoodwill2022-03-3104755381core:LandBuildings2022-03-3104755381core:PlantMachinery2022-03-3104755381core:Vehicles2022-03-3104755381core:FurnitureFittings2022-03-3104755381core:OfficeEquipment2022-03-3104755381core:AfterOneYear2022-03-3104755381core:WithinOneYear2022-03-3104755381core:ListedExchangeTraded2022-03-3104755381core:UnlistedNon-exchangeTraded2022-03-3104755381core:ShareCapital2022-03-3104755381core:SharePremium2022-03-3104755381core:RevaluationReserve2022-03-3104755381core:OtherReservesSubtotal2022-03-3104755381core:RetainedEarningsAccumulatedLosses2022-03-3104755381core:NetGoodwill2021-04-0104755381core:IntangibleAssetsOtherThanGoodwill2021-04-0104755381core:LandBuildings2021-04-0104755381core:PlantMachinery2021-04-0104755381core:Vehicles2021-04-0104755381core:FurnitureFittings2021-04-0104755381core:OfficeEquipment2021-04-0104755381core:AfterOneYear2021-04-0104755381core:WithinOneYear2021-04-0104755381core:ListedExchangeTraded2021-04-0104755381core:UnlistedNon-exchangeTraded2021-04-0104755381core:ShareCapital2021-04-0104755381core:SharePremium2021-04-0104755381core:RevaluationReserve2021-04-0104755381core:OtherReservesSubtotal2021-04-0104755381core:RetainedEarningsAccumulatedLosses2021-04-0104755381core:AfterOneYear2022-04-012023-03-3104755381core:WithinOneYear2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3104755381core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3104755381core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3104755381core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3104755381core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3104755381core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3104755381bus:Director12022-04-012023-03-3104755381bus:Director22022-04-012023-03-31

J.H & D NEWSAGENTS LIMITED

Registered Number
04755381
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

J.H & D NEWSAGENTS LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

PATEL, Jasumati Jayanand
PATEL, Rakhee

Registered Address

89 Fleetgate
Barton-Upon-Humber
DN18 5QD

Registered Number

04755381 (England and Wales)
J.H & D NEWSAGENTS LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets610,79713,597
Tangible assets7225,558239,431
236,355253,028
Current assets
Stocks970,07958,161
Debtors1018,38126,315
Cash at bank and on hand9,9255,188
98,38589,664
Creditors amounts falling due within one year11(103,696)(98,951)
Net current assets (liabilities)(5,311)(9,287)
Total assets less current liabilities231,044243,741
Creditors amounts falling due after one year12(242,861)(269,908)
Net assets(11,817)(26,167)
Capital and reserves
Called up share capital100100
Profit and loss account(11,917)(26,267)
Shareholders' funds(11,817)(26,167)
The financial statements were approved and authorised for issue by the Board of Directors on 6 July 2023, and are signed on its behalf by:
PATEL, Jasumati Jayanand
Director
Registered Company No. 04755381
J.H & D NEWSAGENTS LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-20
Plant and machinery10-
Intangible assets policy
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Patents and licences are being amortised evenly over their estimated useful life of ten years.
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year1012
6.Intangible assets

Other

Total

££
Cost or valuation
At 01 April 2248,20048,200
At 31 March 2348,20048,200
Amortisation and impairment
At 01 April 2234,60334,603
Charge for year2,8002,800
At 31 March 2337,40337,403
Net book value
At 31 March 2310,79710,797
At 31 March 2213,59713,597
7.Property, plant and equipment

Land & buildings

Plant & machinery

Total

£££
Cost or valuation
At 01 April 22249,144162,779411,923
Additions-6,0006,000
At 31 March 23249,144168,779417,923
Depreciation and impairment
At 01 April 2279,64192,851172,492
Charge for year12,1607,71319,873
At 31 March 2391,801100,564192,365
Net book value
At 31 March 23157,34368,215225,558
At 31 March 22169,50369,928239,431
8.Directors advances, credits and guarantees
As at year end, the director current account debit balance of £37,481 (2022 : credit balance £24,747) relates to the directors Mr J Patel, Mrs J J Patel and Mrs R Patel.
9.Stocks

2023

2022

££
Other stocks70,07958,161
Total70,07958,161
10.Debtors

2023

2022

££
Trade debtors / trade receivables16,77016,114
Other debtors1,611202
Prepayments and accrued income-9,999
Total18,38126,315
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables49,79053,010
Taxation and social security14,51714,328
Other creditors37,63929,863
Accrued liabilities and deferred income1,7501,750
Total103,69698,951
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts242,861269,908
Total242,861269,908