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REGISTERED NUMBER: 01043517 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

John Jackson (Bacon) Limited

John Jackson (Bacon) Limited (Registered number: 01043517)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Jackson (Bacon) Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: R M Moorhouse
S Moorhouse
D M O'Keeffe
I B Hugill





SECRETARY: D M O'Keeffe





REGISTERED OFFICE: Unit 2 Dakota Court
Amy Johnson Way
Blackpool
FY4 2RP





REGISTERED NUMBER: 01043517 (England and Wales)





ACCOUNTANTS: Nathans
Chartered Certified Accountants
Trident Business Centre
Amy Johnson Way
Blackpool
Lancashire
FY4 2RP

John Jackson (Bacon) Limited (Registered number: 01043517)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 117,366 116,552

CURRENT ASSETS
Stocks 5 57,340 51,604
Debtors 6 202,248 193,153
Cash at bank and in hand 328,576 335,740
588,164 580,497
CREDITORS
Amounts falling due within one year 7 (249,026 ) (296,601 )
NET CURRENT ASSETS 339,138 283,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

456,504

400,448

CREDITORS
Amounts falling due after more than
one year

8

(12,928

)

(26,430

)

PROVISIONS FOR LIABILITIES (8,512 ) (22,797 )
NET ASSETS 435,064 351,221

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 430,064 346,221
SHAREHOLDERS' FUNDS 435,064 351,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

John Jackson (Bacon) Limited (Registered number: 01043517)

Balance Sheet - continued
28 February 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 25 July 2023 and were signed on its behalf by:




R M Moorhouse - Director S Moorhouse - Director




D M O'Keeffe - Director I B Hugill - Director


John Jackson (Bacon) Limited (Registered number: 01043517)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

John Jackson (Bacon) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

John Jackson (Bacon) Limited (Registered number: 01043517)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 90,750 126,670 8,233 225,653
Additions - 30,295 - 30,295
Disposals - (21,175 ) - (21,175 )
At 28 February 2023 90,750 135,790 8,233 234,773
DEPRECIATION
At 1 March 2022 34,141 68,594 6,366 109,101
Charge for year 5,729 21,695 467 27,891
Eliminated on disposal - (19,585 ) - (19,585 )
At 28 February 2023 39,870 70,704 6,833 117,407
NET BOOK VALUE
At 28 February 2023 50,880 65,086 1,400 117,366
At 28 February 2022 56,609 58,076 1,867 116,552

John Jackson (Bacon) Limited (Registered number: 01043517)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2022 126,670
Transfer to ownership (44,785 )
At 28 February 2023 81,885
DEPRECIATION
At 1 March 2022 68,594
Charge for year 12,720
Transfer to ownership (37,592 )
At 28 February 2023 43,722
NET BOOK VALUE
At 28 February 2023 38,163
At 28 February 2022 58,076

5. STOCKS
28.2.23 28.2.22
£    £   
Stocks 57,340 51,604

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 187,297 184,625
Other debtors 14,951 8,528
202,248 193,153

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 13,500 13,500
Trade creditors 36,951 45,900
Taxation and social security 62,245 74,686
Other creditors 136,330 162,515
249,026 296,601

John Jackson (Bacon) Limited (Registered number: 01043517)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 12,928 26,430

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Hire purchase contracts 26,428 39,930

Hire purchase creditors are secured on the assets to which they relate.

10. ULTIMATE CONTROLLING PARTY

The controlling party is S Moorhouse.