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REGISTERED NUMBER: 05406347 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

J & P PLANT LIMITED

J & P PLANT LIMITED (REGISTERED NUMBER: 05406347)






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


J & P PLANT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: P A Gore





REGISTERED OFFICE: Brookfield Farm
Potton Road
Gamlingay
Sandy
Bedfordshire
SG19 3LJ





REGISTERED NUMBER: 05406347 (England and Wales)






J & P PLANT LIMITED (REGISTERED NUMBER: 05406347)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 111,067 119,607

CURRENT ASSETS
Stocks 2,295 3,673
Debtors 6 283,571 172,353
Cash at bank 699,599 634,007
985,465 810,033
CREDITORS
Amounts falling due within one year 7 (189,324 ) (274,001 )
NET CURRENT ASSETS 796,141 536,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

907,208

655,639

CREDITORS
Amounts falling due after more than
one year

8

(1,772

)

(6,023

)

PROVISIONS FOR LIABILITIES (3,921 ) (4,026 )
NET ASSETS 901,515 645,590

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 901,415 645,490
SHAREHOLDERS' FUNDS 901,515 645,590

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.

J & P PLANT LIMITED (REGISTERED NUMBER: 05406347)

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 Profit and Loss Account has not been delivered.

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





P A Gore - Director


J & P PLANT LIMITED (REGISTERED NUMBER: 05406347)

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

1. STATUTORY INFORMATION

J & P Plant 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from services is recognised when those services are performed.
Revenue from sale of goods is recognised when goods are delivered and legal title has passed.

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.

Farm single payment entitlement have been fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery - at varying rates on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

J & P PLANT LIMITED (REGISTERED NUMBER: 05406347)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 19 ) .

5. TANGIBLE FIXED ASSETS
Land and Plant and
buildings machinery Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 122,176 32,136 154,312
DEPRECIATION
At 1 April 2022 25,636 9,069 34,705
Charge for year 6,108 2,432 8,540
At 31 March 2023 31,744 11,501 43,245
NET BOOK VALUE
At 31 March 2023 90,432 20,635 111,067
At 31 March 2022 96,540 23,067 119,607

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,030 60,985
Other debtors 252,921 111,368
Social security
and other taxes 22,620 -
283,571 172,353

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,252 4,252
Trade creditors 26,360 55,421
Corporation tax 64,521 106,438
Social security and other taxes 12,451 37,403
Other creditors 81,740 70,487
189,324 274,001

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 1,772 6,023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100