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REGISTERED NUMBER: 08856809 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 January 2023

for

JW Creations Ltd

JW Creations Ltd (Registered number: 08856809)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


JW Creations Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: J P Walker
Mrs J Walker





REGISTERED OFFICE: South Building
Upper Farm
Wootton St Lawrence
BASINGSTOKE
Hampshire
RG23 8PE





REGISTERED NUMBER: 08856809 (England and Wales)





ACCOUNTANTS: Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
JW Creations Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JW Creations Ltd for the year ended 31 January 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of JW Creations Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JW Creations Ltd and state those matters that we have agreed to state to the Board of Directors of JW Creations Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JW Creations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JW Creations Ltd. You consider that JW Creations Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JW Creations Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE


20 September 2023

JW Creations Ltd (Registered number: 08856809)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 30,488 9,276

CURRENT ASSETS
Stocks 13,500 15,000
Debtors 5 98,970 125,155
Cash at bank 221,436 145,183
333,906 285,338
CREDITORS
Amounts falling due within one year 6 (180,028 ) (128,136 )
NET CURRENT ASSETS 153,878 157,202
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,366

166,478

CREDITORS
Amounts falling due after more than one year 7 (11,893 ) (6,633 )

PROVISIONS FOR LIABILITIES (5,793 ) (1,762 )
NET ASSETS 166,680 158,083

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 166,660 158,063
SHAREHOLDERS' FUNDS 166,680 158,083

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

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

JW Creations Ltd (Registered number: 08856809)

Balance Sheet - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by:





J P Walker - Director


JW Creations Ltd (Registered number: 08856809)

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

1. STATUTORY INFORMATION

JW Creations Ltd 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.

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 - 33% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JW Creations Ltd (Registered number: 08856809)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2022 16,374 1,651 14,047 7,764 39,836
Additions - - 29,500 3,919 33,419
At 31 January 2023 16,374 1,651 43,547 11,683 73,255
DEPRECIATION
At 1 February 2022 14,249 815 8,121 7,375 30,560
Charge for year 1,640 209 8,857 1,501 12,207
At 31 January 2023 15,889 1,024 16,978 8,876 42,767
NET BOOK VALUE
At 31 January 2023 485 627 26,569 2,807 30,488
At 31 January 2022 2,125 836 5,926 389 9,276

Included in the above are assets held under hire purchase agreements. The depreciation charged during the year in respect of these assets totalled £8,856 (2022: £1,975). The net book value in respect of these assets is £26,569 (2022: £5,926).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 98,970 124,926
Other debtors - 229
98,970 125,155

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) 8,846 2,819
Taxation and social security 22,873 53,672
Other creditors 148,309 71,645
180,028 128,136

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) 11,893 6,633

JW Creations Ltd (Registered number: 08856809)

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

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 8,846 2,819
Between one and five years 11,893 6,633
20,739 9,452

Non-cancellable operating leases
2023 2022
£    £   
Within one year 12,680 12,680

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 20,739 9,452

Hire purchase debt is secured against the assets they are financing.