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REGISTERED NUMBER: 08718752 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 August 2023

for

J Kirkham Limited

J Kirkham Limited (Registered number: 08718752)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


J Kirkham Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: J Kirkham





REGISTERED OFFICE: Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS





REGISTERED NUMBER: 08718752 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
J Kirkham Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J Kirkham Limited for the year ended 31 August 2023 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of J Kirkham Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J Kirkham Limited and state those matters that we have agreed to state to the director of J Kirkham Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J Kirkham Limited and its director for our work or for this report.

It is your duty to ensure that J Kirkham Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J Kirkham Limited. You consider that J Kirkham Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J Kirkham Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


23 October 2023

J Kirkham Limited (Registered number: 08718752)

Balance Sheet
31 August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,943 9,264

CURRENT ASSETS
Stocks 816,003 824,177
Debtors 5 4,712 4,659
Cash at bank 110,953 139,290
931,668 968,126
CREDITORS
Amounts falling due within one year 6 (410,733 ) (479,158 )
NET CURRENT ASSETS 520,935 488,968
TOTAL ASSETS LESS CURRENT
LIABILITIES

528,878

498,232

CREDITORS
Amounts falling due after more than
one year

7

(220,871

)

(204,796

)

PROVISIONS FOR LIABILITIES (1,986 ) (1,760 )
NET ASSETS 306,021 291,676

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 305,921 291,576
306,021 291,676

J Kirkham Limited (Registered number: 08718752)

Balance Sheet - continued
31 August 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2023 and were signed by:





J Kirkham - Director


J Kirkham Limited (Registered number: 08718752)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

J Kirkham 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 each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% 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 Profit and loss account, 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.

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.

J Kirkham Limited (Registered number: 08718752)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 September 2022 20,765 4,275 25,040
Additions 832 - 832
At 31 August 2023 21,597 4,275 25,872
DEPRECIATION
At 1 September 2022 14,173 1,603 15,776
Charge for year 1,485 668 2,153
At 31 August 2023 15,658 2,271 17,929
NET BOOK VALUE
At 31 August 2023 5,939 2,004 7,943
At 31 August 2022 6,592 2,672 9,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 30 30
Other debtors 4,682 4,629
4,712 4,659

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,044 9,638
Trade creditors 15,675 34,719
Taxation and social security 25,707 19,673
Other creditors 359,307 415,128
410,733 479,158

J Kirkham Limited (Registered number: 08718752)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 47,860 58,888
Other creditors 173,011 145,908
220,871 204,796

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,302 13,649

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Stock funding bank loan 20,404 25,470

The stock funding bank loan is secured on the stock concerned.