REGISTERED NUMBER: |
BY JHP LTD |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 |
REGISTERED NUMBER: |
BY JHP LTD |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 28 February 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BY JHP LTD |
COMPANY INFORMATION |
For The Year Ended 28 February 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Royal Crescent |
Glasgow |
G3 7SL |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
BALANCE SHEET |
28 February 2023 |
28.2.23 | 28.2.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
BALANCE SHEET - continued |
28 February 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 28 February 2023 |
1. | STATUTORY INFORMATION |
By JHP Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Taxation |
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Government grants |
Government grants in respect of revenue expenditure are credited to the profit and loss account in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 28 February 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 March 2022 |
Additions |
Disposals | ( |
) | ( |
) |
At 28 February 2023 |
DEPRECIATION |
At 1 March 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 28 February 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Trade debtors |
Other debtors |
Directors' loan account | - | 12,913 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Bank loans and overdrafts |
Directors' loan account |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28.2.23 | 28.2.22 |
£ | £ |
Bank loans |
Bank loans repayable by instalments due after more than five years amounts to £0 (2022, £2,047). |
BY JHP LTD (REGISTERED NUMBER: SC527190) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 28 February 2023 |
8. | OTHER FINANCIAL COMMITMENTS |
At 28 February 2023 the company was committed to making total payments under non-cancellable operating leases of £1,400 (2022, £2,000). |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At 28 February 2023 the company had provided the directors with loans totalling £0 (2022, £12,913). Interest was charged at 2% on these loans. |
10. | RELATED PARTY DISCLOSURES |
At 28 February 2023 the company's directors had provided the company with an interest free loan of £377 (2022, £0). There are no fixed repayment terms for this loan. |