Company Registration No. 11100707 (England and Wales)
JD Group Enterprises Ltd
Unaudited accounts
for the year ended 31 December 2022
JD Group Enterprises Ltd
Unaudited accounts
Contents
JD Group Enterprises Ltd
Company Information
for the year ended 31 December 2022
Director
Johny Habib Karromi Shaia
Company Number
11100707 (England and Wales)
Registered Office
15 Ellenbrook Green
Ipswich
IP2 9RR
United Kingdom
JD Group Enterprises Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
71,275
36,948
Creditors: amounts falling due within one year
(55,697)
(47,788)
Net current assets
35,733
33,990
Total assets less current liabilities
36,369
34,839
Creditors: amounts falling due after more than one year
(23,217)
(33,599)
Called up share capital
100
100
Profit and loss account
13,052
1,140
Shareholders' funds
13,152
1,240
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 2 October 2023 and were signed on its behalf by
Johny Habib Karromi Shaia
Director
Company Registration No. 11100707
JD Group Enterprises Ltd
Notes to the Accounts
for the year ended 31 December 2022
JD Group Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 11100707. The registered office is 15 Ellenbrook Green, Ipswich, IP2 9RR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
Fixtures & fittings
25 % on reducing balance
Computer equipment
25 % on reducing balance
The company obtained a Bounce Back Loan from its bank of £48,000. The loan is supported by a Government guarantee of up to 80% of the loan and the first year's interest is also met by the Government. This interest is recorded in the profit and loss in the period that it is payable.
The accounts are presented in £ sterling.
JD Group Enterprises Ltd
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
1,679
450
2,129
At 31 December 2022
1,679
450
2,129
At 1 January 2022
973
307
1,280
Charge for the year
177
36
213
At 31 December 2022
1,150
343
1,493
At 31 December 2022
529
107
636
At 31 December 2021
706
143
849
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
-
770
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,353
9,600
Trade creditors
10,070
13,814
Taxes and social security
9,077
3,670
Other creditors
15,630
570
Loans from directors
(3,050)
18,287
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 4 (2021: 3).