2022-02-01 2023-01-31 false No description of principal activity Capium Accounts Production 1.1 02235091 bus:AbridgedAccounts 2022-02-01 2023-01-31 02235091 bus:FRS102 2022-02-01 2023-01-31 02235091 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 02235091 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 02235091 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 02235091 2022-02-01 2023-01-31 02235091 2023-01-31 02235091 bus:RegisteredOffice 2022-02-01 2023-01-31 02235091 core:WithinOneYear 2023-01-31 02235091 core:AfterOneYear 2023-01-31 02235091 bus:Director1 2022-02-01 2023-01-31 02235091 bus:Director1 2023-01-31 02235091 bus:Director1 2021-02-01 2022-01-31 02235091 bus:Director2 2022-02-01 2023-01-31 02235091 bus:Director2 2023-01-31 02235091 bus:Director2 2021-02-01 2022-01-31 02235091 bus:Director3 2022-02-01 2023-01-31 02235091 bus:Director3 2023-01-31 02235091 bus:Director3 2021-02-01 2022-01-31 02235091 2021-02-01 02235091 bus:CompanySecretary1 2022-02-01 2023-01-31 02235091 bus:LeadAgentIfApplicable 2022-02-01 2023-01-31 02235091 2021-02-01 2022-01-31 02235091 2022-01-31 02235091 core:WithinOneYear 2022-01-31 02235091 core:AfterOneYear 2022-01-31 02235091 bus:EntityAccountantsOrAuditors 2021-02-01 2022-01-31 02235091 core:PlantMachinery 2022-02-01 2023-01-31 02235091 core:PlantMachinery 2023-01-31 02235091 core:PlantMachinery 2022-01-31 02235091 core:MotorCars 2022-02-01 2023-01-31 02235091 core:MotorCars 2023-01-31 02235091 core:MotorCars 2022-01-31 02235091 core:FurnitureFittings 2022-02-01 2023-01-31 02235091 core:FurnitureFittings 2023-01-31 02235091 core:FurnitureFittings 2022-01-31 02235091 core:ComputerEquipment 2022-02-01 2023-01-31 02235091 core:ComputerEquipment 2023-01-31 02235091 core:ComputerEquipment 2022-01-31 02235091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 02235091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-01-31 02235091 core:NetGoodwill 2022-02-01 2023-01-31 02235091 core:NetGoodwill 2023-01-31 02235091 core:NetGoodwill 2022-01-31 02235091 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 02235091 core:CostValuation core:Non-currentFinancialInstruments 2022-01-31 02235091 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-01-31 02235091 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-01-31 02235091 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-01-31 02235091 core:Non-currentFinancialInstruments 2023-01-31 02235091 core:Non-currentFinancialInstruments 2022-01-31 02235091 core:ShareCapital 2023-01-31 02235091 core:ShareCapital 2022-01-31 02235091 core:RetainedEarningsAccumulatedLosses 2023-01-31 02235091 core:RetainedEarningsAccumulatedLosses 2022-01-31 02235091 dpl:Item1 2022-02-01 02235091 dpl:Item1 2023-01-31 02235091 dpl:Item1 2021-02-01 02235091 dpl:Item1 2022-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 02235091
England & Northern Ireland

 

 

 


Abridged Accounts

for the year ended 31 January 2023

for

J & K TRANSPORT LTD

You consider that the company is exempt from an audit for the year ended 31 January 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.



....................................................
Sinden Thackeray Partnership
Suite 7, Beaufort House
Beaufort Court
Sir Thomas Longley Road
Rochester, Kent.
ME2 4HN
17 October 2023
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 4 25    33 
25    33 
Current assets      
Stocks 57,375    65,419 
Debtors 569    701 
Cash at bank and in hand 7,906    9,691 
65,850    75,811 
Creditors: amount falling due within one year (88,647)   (86,789)
Net current liabilities (22,797)   (10,978)
 
Total assets less current liabilities (22,772)   (10,945)
Provisions for liabilities   (6)
Net liabilities (22,772)   (10,951)
 

Capital and reserves
     
Called up share capital 120    120 
Profit and loss account (22,892)   (11,071)
Shareholder's funds (22,772)   (10,951)
 


For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 October 2023 and were signed on its behalf by:


-------------------------------
Mr A Johnstone
Director
2
General Information
J & K Transport Ltd is a private company, limited by shares, registered in England & Northern Ireland, registration number 02235091, registration address 81a High Street, Rochester, KENT, ME11LX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.


Attention is drawn to the fact that the balance sheet deficit is more than covered by loans to the company from the directors.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 33% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 4 (2022 : 4).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 February 2022 87,770    87,770 
Additions  
Disposals  
At 31 January 2023 87,770    87,770 
Amortisation
At 01 February 2022 87,770    87,770 
Charge for year  
On disposals  
At 31 January 2023 87,770    87,770 
Net book values
At 31 January 2023  
At 31 January 2022  


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 February 2022 2,485    19,965    1,362    4,824    28,636 
Additions        
Disposals        
At 31 January 2023 2,485    19,965    1,362    4,824    28,636 
Depreciation
At 01 February 2022 2,479    19,947    1,355    4,822    28,603 
Charge for year 1    4    1    2    8 
On disposals        
At 31 January 2023 2,480    19,951    1,356    4,824    28,611 
Net book values
Closing balance as at 31 January 2023 5    14    6      25 
Opening balance as at 01 February 2022 6    18    7    2    33 


3