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REGISTERED NUMBER: 11432397 (England and Wales)















JK OUTDOOR SOLUTIONS LTD

Unaudited Financial Statements for the Year Ended 30 June 2023






JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

JK OUTDOOR SOLUTIONS LTD

Company Information
for the Year Ended 30 June 2023







DIRECTOR: J R Killion





REGISTERED OFFICE: Seven Oaks Ivetsey Road
Wheaton Aston
Stafford
Staffordshire
ST19 9QW





REGISTERED NUMBER: 11432397 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,498 21,982

CURRENT ASSETS
Stocks 10,503 6,000
Debtors 5 13,371 9,900
Cash at bank and in hand 4,589 4,977
28,463 20,877
CREDITORS
Amounts falling due within one year 6 45,062 24,119
NET CURRENT LIABILITIES (16,599 ) (3,242 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

899

18,740

CREDITORS
Amounts falling due after more than one
year

7

(11,772

)

(5,816

)

PROVISIONS FOR LIABILITIES (1,673 ) (3,822 )
NET (LIABILITIES)/ASSETS (12,546 ) 9,102

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (12,547 ) 9,101
(12,546 ) 9,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 February 2024 and were signed by:





J R Killion - Director


JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

JK Outdoor Solutions Ltd 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. 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.

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 - 20% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 25% Straight Line

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred 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 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.

JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 4,970 23,916 164 29,050
Additions 172 - - 172
At 30 June 2023 5,142 23,916 164 29,222
DEPRECIATION
At 1 July 2022 1,044 5,983 41 7,068
Charge for year 1,029 3,586 41 4,656
At 30 June 2023 2,073 9,569 82 11,724
NET BOOK VALUE
At 30 June 2023 3,069 14,347 82 17,498
At 30 June 2022 3,926 17,933 123 21,982

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 8,158 4,860
Prepayments 5,213 5,040
13,371 9,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 22,733 2,000
Trade creditors 8,476 2,107
Taxation and social security - 4,257
Other creditors 13,853 15,755
45,062 24,119

JK OUTDOOR SOLUTIONS LTD (REGISTERED NUMBER: 11432397)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 11,772 5,816

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J R Killion.

9. GOING CONCERN

The director has considered the period ending 12 months after approving these financial statements and is prepared to fully support the company financially, the director's loan account balance will not be withdrawn to the detriment of other creditors. For these reasons the director continues to adopt the going concern basis of accounting in preparing these financial statements.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
JK Outdoor Solutions Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JK Outdoor Solutions Ltd for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of JK Outdoor Solutions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JK Outdoor Solutions Ltd and state those matters that we have agreed to state to the director of JK Outdoor Solutions Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JK Outdoor Solutions Ltd and its director for our work or for this report.

It is your duty to ensure that JK Outdoor Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JK Outdoor Solutions Ltd. You consider that JK Outdoor Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JK Outdoor Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


8 February 2024