Company registration number 10758980 (England and Wales)
JIMMY A GOODGER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
JIMMY A GOODGER LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
JIMMY A GOODGER LTD (REGISTERED NUMBER: 10758980)
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
4,944
7,790
Cash at bank and in hand
120
244
5,064
8,034
Creditors: amounts falling due within one year
4
(2,035)
(2,117)
Net current assets
3,029
5,917
Creditors: amounts falling due after more than one year
5
(4,580)
(6,499)
Net liabilities
(1,551)
(582)
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
(1,552)
(583)
Total equity
(1,551)
(582)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 June 2023
Mr J Goodger
Director
JIMMY A GOODGER LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information
Jimmy A Goodger Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 19-21 Swan Street, West Malling, Kent, ME19 6JU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
1.4
Government grants
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.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
JIMMY A GOODGER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
4,944
7,790
4
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
1,919
2,001
Taxation and social security
(665)
(665)
Other creditors
781
781
2,035
2,117
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
4,580
6,499
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary of £1 each
1
1
1
1
7
Director's transactions
Dividends totalling £0 (2022 - £0) were paid in the year in respect of shares held by the company's directors.