2022-03-012023-02-282023-02-28false04976432J K Services (Essex) Limited2023-11-20iso4217:GBPxbrli:pure049764322022-03-01049764322023-02-28049764322022-03-012023-02-28049764322021-03-01049764322022-02-28049764322021-03-012022-02-2804976432bus:SmallEntities2022-03-012023-02-2804976432bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2804976432bus:FullAccounts2022-03-012023-02-2804976432bus:PrivateLimitedCompanyLtd2022-03-012023-02-2804976432core:WithinOneYear2023-02-2804976432core:AfterOneYear2023-02-2804976432core:WithinOneYear2022-02-2804976432core:AfterOneYear2022-02-2804976432core:ShareCapital2023-02-2804976432core:SharePremium2023-02-2804976432core:RevaluationReserve2023-02-2804976432core:OtherReservesSubtotal2023-02-2804976432core:RetainedEarningsAccumulatedLosses2023-02-2804976432core:ShareCapital2022-02-2804976432core:SharePremium2022-02-2804976432core:RevaluationReserve2022-02-2804976432core:OtherReservesSubtotal2022-02-2804976432core:RetainedEarningsAccumulatedLosses2022-02-2804976432core:LandBuildings2023-02-2804976432core:PlantMachinery2023-02-2804976432core:Vehicles2023-02-2804976432core:FurnitureFittings2023-02-2804976432core:OfficeEquipment2023-02-2804976432core:NetGoodwill2023-02-2804976432core:IntangibleAssetsOtherThanGoodwill2023-02-2804976432core:ListedExchangeTraded2023-02-2804976432core:UnlistedNon-exchangeTraded2023-02-2804976432core:LandBuildings2022-02-2804976432core:PlantMachinery2022-02-2804976432core:Vehicles2022-02-2804976432core:FurnitureFittings2022-02-2804976432core:OfficeEquipment2022-02-2804976432core:NetGoodwill2022-02-2804976432core:IntangibleAssetsOtherThanGoodwill2022-02-2804976432core:ListedExchangeTraded2022-02-2804976432core:UnlistedNon-exchangeTraded2022-02-2804976432core:LandBuildings2022-03-012023-02-2804976432core:PlantMachinery2022-03-012023-02-2804976432core:Vehicles2022-03-012023-02-2804976432core:FurnitureFittings2022-03-012023-02-2804976432core:OfficeEquipment2022-03-012023-02-2804976432core:NetGoodwill2022-03-012023-02-2804976432core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2804976432core:ListedExchangeTraded2022-03-012023-02-2804976432core:UnlistedNon-exchangeTraded2022-03-012023-02-2804976432core:MoreThanFiveYears2022-03-012023-02-2804976432core:Non-currentFinancialInstruments2023-02-2804976432core:Non-currentFinancialInstruments2022-02-2804976432dpl:CostSales2022-03-012023-02-2804976432dpl:DistributionCosts2022-03-012023-02-2804976432core:LandBuildings2022-03-012023-02-2804976432core:PlantMachinery2022-03-012023-02-2804976432core:Vehicles2022-03-012023-02-2804976432core:FurnitureFittings2022-03-012023-02-2804976432core:OfficeEquipment2022-03-012023-02-2804976432dpl:AdministrativeExpenses2022-03-012023-02-2804976432core:NetGoodwill2022-03-012023-02-2804976432core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2804976432dpl:GroupUndertakings2022-03-012023-02-2804976432dpl:ParticipatingInterests2022-03-012023-02-2804976432dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2804976432core:ListedExchangeTraded2022-03-012023-02-2804976432dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2804976432core:UnlistedNon-exchangeTraded2022-03-012023-02-2804976432dpl:CostSales2021-03-012022-02-2804976432dpl:DistributionCosts2021-03-012022-02-2804976432core:LandBuildings2021-03-012022-02-2804976432core:PlantMachinery2021-03-012022-02-2804976432core:Vehicles2021-03-012022-02-2804976432core:FurnitureFittings2021-03-012022-02-2804976432core:OfficeEquipment2021-03-012022-02-2804976432dpl:AdministrativeExpenses2021-03-012022-02-2804976432core:NetGoodwill2021-03-012022-02-2804976432core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2804976432dpl:GroupUndertakings2021-03-012022-02-2804976432dpl:ParticipatingInterests2021-03-012022-02-2804976432dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2804976432core:ListedExchangeTraded2021-03-012022-02-2804976432dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2804976432core:UnlistedNon-exchangeTraded2021-03-012022-02-2804976432core:NetGoodwill2023-02-2804976432core:IntangibleAssetsOtherThanGoodwill2023-02-2804976432core:LandBuildings2023-02-2804976432core:PlantMachinery2023-02-2804976432core:Vehicles2023-02-2804976432core:FurnitureFittings2023-02-2804976432core:OfficeEquipment2023-02-2804976432core:AfterOneYear2023-02-2804976432core:WithinOneYear2023-02-2804976432core:ListedExchangeTraded2023-02-2804976432core:UnlistedNon-exchangeTraded2023-02-2804976432core:ShareCapital2023-02-2804976432core:SharePremium2023-02-2804976432core:RevaluationReserve2023-02-2804976432core:OtherReservesSubtotal2023-02-2804976432core:RetainedEarningsAccumulatedLosses2023-02-2804976432core:NetGoodwill2022-02-2804976432core:IntangibleAssetsOtherThanGoodwill2022-02-2804976432core:LandBuildings2022-02-2804976432core:PlantMachinery2022-02-2804976432core:Vehicles2022-02-2804976432core:FurnitureFittings2022-02-2804976432core:OfficeEquipment2022-02-2804976432core:AfterOneYear2022-02-2804976432core:WithinOneYear2022-02-2804976432core:ListedExch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J K Services (Essex) Limited

Registered Number
04976432
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

J K Services (Essex) Limited
Company Information
for the year from 1 March 2022 to 28 February 2023

Directors

Mr K King
Mrs D King

Registered Address

10 Western Road
Romford
RM1 3JT

Registered Number

04976432 (England and Wales)
J K Services (Essex) Limited
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets716,26523,303
16,26523,303
Current assets
Stocks102,3181,803
Debtors11134,250187,778
Cash at bank and on hand772,306581,824
908,874771,405
Creditors amounts falling due within one year12(235,702)(223,990)
Net current assets (liabilities)673,172547,415
Total assets less current liabilities689,437570,718
Provisions for liabilities13(3,090)(4,428)
Net assets686,347566,290
Capital and reserves
Called up share capital1,0001,000
Profit and loss account685,347565,290
Shareholders' funds686,347566,290
The financial statements were approved and authorised for issue by the Board of Directors on 20 November 2023, and are signed on its behalf by:
Mr K King
Director
Registered Company No. 04976432
J K Services (Essex) Limited
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company continued to be that of general building and maintenance.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Vehicles25
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Government grants and other government assistance policy
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 the recognition criteria are satisfied is recognised as a liability.
6.Employee information

20232022
Average number of employees during the year55
7.Property, plant and equipment

Plant & machinery

Vehicles

Total

£££
Cost or valuation
At 01 March 227,24737,82945,076
Additions2,696-2,696
Disposals(5,229)(15,435)(20,664)
At 28 February 234,71422,39427,108
Depreciation and impairment
At 01 March 222,79818,97521,773
Charge for year6474,1994,846
On disposals(2,400)(13,376)(15,776)
At 28 February 231,0459,79810,843
Net book value
At 28 February 233,66912,59616,265
At 28 February 224,44918,85423,303
8.Description of nature of transactions and balances with related parties
At the year end the company owed the directors £75,354 (2022 - £65,061) by way of their directors current accounts.
9.Dividends proposed and payable

2023

2022

££
Dividends Paid74,00066,000
Total74,00066,000
These were paid in the year in respect of the shares held by the company's directors.
10.Stocks

2023

2022

££
Finished goods2,3181,803
Total2,3181,803
11.Debtors

2023

2022

££
Trade debtors / trade receivables100,499163,474
Prepayments and accrued income33,75124,304
Total134,250187,778
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
12.Creditors within one year

2023

2022

££
Trade creditors / trade payables14,59343,322
Taxation and social security141,193111,910
Other creditors76,17865,045
Accrued liabilities and deferred income3,7383,713
Total235,702223,990
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
13.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)3,0904,428
Total3,0904,428