NJH Limited 06703246 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is that of machinery rental. Digita Accounts Production Advanced 6.30.9574.0 true 06703246 2022-05-01 2023-04-30 06703246 2023-04-30 06703246 core:RetainedEarningsAccumulatedLosses 2023-04-30 06703246 core:ShareCapital 2023-04-30 06703246 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 06703246 core:OtherPropertyPlantEquipment 2023-04-30 06703246 bus:SmallEntities 2022-05-01 2023-04-30 06703246 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 06703246 bus:FullAccounts 2022-05-01 2023-04-30 06703246 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 06703246 bus:RegisteredOffice 2022-05-01 2023-04-30 06703246 bus:Director1 2022-05-01 2023-04-30 06703246 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 06703246 core:OtherPropertyPlantEquipment 2022-05-01 2023-04-30 06703246 core:PlantMachinery 2022-05-01 2023-04-30 06703246 countries:England 2022-05-01 2023-04-30 06703246 2022-04-30 06703246 core:CostValuation 2022-04-30 06703246 core:OtherPropertyPlantEquipment 2022-04-30 06703246 2021-05-01 2022-04-30 06703246 2022-04-30 06703246 core:RetainedEarningsAccumulatedLosses 2022-04-30 06703246 core:ShareCapital 2022-04-30 06703246 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 06703246 core:OtherPropertyPlantEquipment 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 06703246

NJH Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

NJH Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

NJH Limited

Balance Sheet

as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

372

496

Investments

50,000

50,000

 

50,372

50,496

Current assets

 

Debtors

6

4,700

5,400

Cash at bank and in hand

 

2,610

3,140

 

7,310

8,540

Creditors: Amounts falling due within one year

7

(20,450)

(21,356)

Net current liabilities

 

(13,140)

(12,816)

Total assets less current liabilities

 

37,232

37,680

Provisions for liabilities

(9)

(94)

Net assets

 

37,223

37,586

Capital and reserves

 

Allotted, called up and fully paid share capital

3

3

Profit and loss account

37,220

37,583

Shareholders' funds

 

37,223

37,586

Registration number: 06703246

 

NJH Limited

Balance Sheet

as at 30 April 2023 (continued)

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 10 October 2023 and signed on its behalf by:
 

.........................................
Mr J B Newsome
Director

 

NJH Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 April 2023

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 06703246.

The address of its registered office is:
Heathfield Business Park
Heathfield Street
Elland
West Yorkshire
HX5 9AU

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

NJH Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 April 2023 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

- 25% on a reducing balance basis

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

NJH Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 April 2023 (continued)

2

Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 3 (2022 - 3).

4

Tangible assets

Plant and machinery
 £

Total
£

Cost

At 1 May 2022

12,000

12,000

At 30 April 2023

12,000

12,000

Depreciation

At 1 May 2022

11,504

11,504

Charge for the year

124

124

At 30 April 2023

11,628

11,628

Net book value

At 30 April 2023

372

372

At 30 April 2022

496

496

 

NJH Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 April 2023 (continued)

5

Investments

2023
£

2022
£

Investments in associates

50,000

50,000

Associates

£

Cost

At 1 May 2022

50,000

Provision

Carrying amount

At 30 April 2023

50,000

At 30 April 2022

50,000

6

Debtors

Current

2023
£

2022
£

Trade debtors

4,700

5,400

7

Creditors

2023
£

2022
£

Due within one year

Directors loan accounts

19,350

19,350

Taxation and social security

400

400

Accruals and deferred income

700

606

Corporation tax

-

1,000

20,450

21,356