1 February 2022 false No description of principal activity Taxfiler 2023.10.1 09390619business:PrivateLimitedCompanyLtd2022-02-012023-01-31 093906192022-01-31 093906192022-02-012023-01-31 09390619business:AuditExemptWithAccountantsReport2022-02-012023-01-31 09390619business:FilletedAccounts2022-02-012023-01-31 093906192023-01-31 09390619business:Director12022-02-012023-01-31 09390619business:RegisteredOffice2022-02-012023-01-31 093906192022-01-31 09390619core:WithinOneYear2023-01-31 09390619core:WithinOneYear2022-01-31 09390619core:AfterOneYear2023-01-31 09390619core:AfterOneYear2022-01-31 09390619core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09390619core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 09390619core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09390619core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 09390619core:PreviouslyStatedAmount2023-01-31 09390619core:PreviouslyStatedAmount2022-01-31 09390619business:SmallEntities2022-02-012023-01-31 09390619countries:EnglandWales2022-02-012023-01-31 09390619core:PlantMachinery2022-02-012023-01-31 09390619core:PlantMachinery2022-01-31 09390619core:PlantMachinery2023-01-31 09390619business:OrdinaryShareClass12022-02-012023-01-31 09390619business:OrdinaryShareClass12021-02-012022-01-31 09390619business:Director112022-02-012023-01-31 09390619business:Director112022-01-31 09390619business:Director112023-01-31 093906192021-02-012022-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09390619 (England and Wales)
JH2 DESIGNS LTD Unaudited accounts for the year ended 31 January 2023
JH2 DESIGNS LTD Unaudited accounts Contents
Page
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JH2 DESIGNS LTD Company Information for the year ended 31 January 2023
Director
James Hill
Company Number
09390619 (England and Wales)
Registered Office
13 SAXONDALE ROAD WIGSTON LEICESTERSHIRE LE18 3SY UNITED KINGDOM
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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JH2 DESIGNS LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,141 
3,978 
Current assets
Debtors
14,771 
9,501 
Creditors: amounts falling due within one year
(57,607)
(38,972)
Net current liabilities
(42,836)
(29,471)
Total assets less current liabilities
(38,695)
(25,493)
Creditors: amounts falling due after more than one year
(19,676)
(25,000)
Net liabilities
(58,371)
(50,493)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(58,372)
(50,494)
Shareholders' funds
(58,371)
(50,493)
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 November 2023 and were signed on its behalf by
James Hill Director Company Registration No. 09390619
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JH2 DESIGNS LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
JH2 DESIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 09390619. The registered office is 13 SAXONDALE ROAD, WIGSTON, LEICESTERSHIRE, LE18 3SY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance 25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2022
5,517 
Additions
1,543 
At 31 January 2023
7,060 
Depreciation
At 1 February 2022
1,539 
Charge for the year
1,380 
At 31 January 2023
2,919 
Net book value
At 31 January 2023
4,141 
At 31 January 2022
3,978 
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JH2 DESIGNS LTD Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
300 
- 
Other debtors
14,471 
9,501 
14,771 
9,501 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
22,269 
22,526 
Trade creditors
1,626 
562 
Taxes and social security
33,712 
15,884 
57,607 
38,972 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
19,676 
25,000 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
James Hill
Loan 2.5% interest, on demand
9,501 
26,176 
21,206 
14,471 
9,501 
26,176 
21,206 
14,471 
During the year, the director was granted a short term loan. The maximum liability during the year was £14,471 and the amount was still outstanding as at the balance sheet date. The loan is to be repaid on demand and incurs interest at 2.5%.
10
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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