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REGISTERED NUMBER: 12267232 (England and Wales)















JOSEF SYKORA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOSEF SYKORA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: J R W R Sykora





REGISTERED OFFICE: King Arthurs Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 12267232 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 2,400 4,800
Tangible assets 5 42,956 49,528
45,356 54,328

CURRENT ASSETS
Cash at bank 144,048 104,080

CREDITORS
Amounts falling due within one year 6 (40,286 ) (40,221 )
NET CURRENT ASSETS 103,762 63,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,118

118,187

CREDITORS
Amounts falling due after more than one year 7 (2,953 ) (8,678 )

PROVISIONS FOR LIABILITIES (3,325 ) (3,325 )
NET ASSETS 142,840 106,184

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 142,740 106,084
142,840 106,184

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 May 2023 and were signed by:





J R W R Sykora - Director


JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Josef Sykora 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixture & Fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 12,000
AMORTISATION
At 1 April 2022 7,200
Charge for year 2,400
At 31 March 2023 9,600
NET BOOK VALUE
At 31 March 2023 2,400
At 31 March 2022 4,800

5. TANGIBLE FIXED ASSETS
Plant and Fixture & Motor Computer
machinery Fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 28,582 2,734 47,900 8,965 88,181
Additions 7,447 - - 2,011 9,458
At 31 March 2023 36,029 2,734 47,900 10,976 97,639
DEPRECIATION
At 1 April 2022 11,196 1,365 20,956 5,136 38,653
Charge for year 6,208 342 6,736 2,744 16,030
At 31 March 2023 17,404 1,707 27,692 7,880 54,683
NET BOOK VALUE
At 31 March 2023 18,625 1,027 20,208 3,096 42,956
At 31 March 2022 17,386 1,369 26,944 3,829 49,528

JOSEF SYKORA LIMITED (REGISTERED NUMBER: 12267232)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 1,071
Hire purchase contracts 5,725 5,725
Corporation Tax 20,796 9,949
VAT 2,633 422
Directors' current accounts 9,819 21,891
Accrued expenses 1,313 1,163
40,286 40,221

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 2,953 8,678