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REGISTERED NUMBER: 00210693 (England and Wales)
















JRP YORK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2022 TO 31 OCTOBER 2022






JRP YORK LIMITED (REGISTERED NUMBER: 00210693)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JRP YORK LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022







DIRECTORS: J R Richardson
S H Urmston





REGISTERED OFFICE: Royden House
156 Haxby Road
York
YO31 8JN





REGISTERED NUMBER: 00210693 (England and Wales)





ACCOUNTANTS: BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

BALANCE SHEET
31 OCTOBER 2022

2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 669,427 687,274

CURRENT ASSETS
Stocks 7,000 18,675
Debtors 5 285,756 279,576
Cash at bank and in hand 1,757 34,171
294,513 332,422
CREDITORS
Amounts falling due within one year 6 452,443 377,766
NET CURRENT LIABILITIES (157,930 ) (45,344 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

511,497

641,930

CREDITORS
Amounts falling due after more than one
year

7

(192,699

)

(205,230

)

PROVISIONS FOR LIABILITIES (7,158 ) (6,281 )
NET ASSETS 311,640 430,419

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve - (9,821 )
Retained earnings 310,640 439,240
311,640 430,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2022 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.

JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

BALANCE SHEET - continued
31 OCTOBER 2022


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 23 October 2023 and were signed on its behalf by:





J R Richardson - Director


JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022

1. STATUTORY INFORMATION

JRP York 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound (£).

Going concern
The directors have considered the current economic environment and the company's working capital requirements for at least the next twelve months and have concluded the financial statements should be prepared on a going concern basis.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred in respect of the transaction can be measured reliably.

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.
Freehold property - 4% on cost
Plant and machinery - 15% reducing balance & 20-33% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before recognition criteria are satisfied is recognised as a liability.

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


JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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.

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.

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.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the
contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial
assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors and trade creditors.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal
commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 21 (2021 - 22 ) .

JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 January 2022 600,000 1,880,496 2,480,496
Additions - 21,774 21,774
Disposals - (14,371 ) (14,371 )
At 31 October 2022 600,000 1,887,899 2,487,899
DEPRECIATION
At 1 January 2022 41,864 1,751,358 1,793,222
Charge for period 17,443 19,542 36,985
Eliminated on disposal - (11,735 ) (11,735 )
At 31 October 2022 59,307 1,759,165 1,818,472
NET BOOK VALUE
At 31 October 2022 540,693 128,734 669,427
At 31 December 2021 558,136 129,138 687,274

The freehold land and buildings were revalued at existing use value in 2019. The property 156 Haxby Road, was valued at £600,000.

Assets held under hire purchase had a NBV of £19,227 (2021: Nil).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 278,726 272,931
Other debtors 7,030 6,645
285,756 279,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Bank loans and overdrafts 58,521 23,509
Hire purchase contracts (see note 8) 5,979 -
Trade creditors 189,248 163,246
Taxation and social security 7,822 9,802
Other creditors 190,873 181,209
452,443 377,766

JRP YORK LIMITED (REGISTERED NUMBER: 00210693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2022 TO 31 OCTOBER 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£ £
Bank loans 42,510 64,169
Hire purchase contracts (see note 8) 9,128 -
Other creditors 141,061 141,061
192,699 205,230

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2022 2021
£ £
Net obligations repayable:
Within one year 5,979 -
Between one and five years 9,128 -
15,107 -

Non-cancellable
operating leases
2022 2021
£ £
Within one year 19,610 23,299
Between one and five years 17,976 19,420
37,586 42,719

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£ £
Bank overdraft 32,853 -
Sales financing 173,783 168,024
Hire purchase contracts 15,107 -
221,743 168,024