Registration number:
Four J's Development Tools Ltd
Annual Report and Financial Statements
for the Year Ended 31 December 2023
Four J's Development Tools Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Four J's Development Tools Ltd
Company Information
Directors |
Mr B Jenkins Mr J Ulsted Mr B Beattie |
Registered office |
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Auditors |
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Four J's Development Tools Ltd
(Registration number: 03504676)
Balance Sheet as at 31 December 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investments |
- |
- |
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Current assets |
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Debtors |
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Cash at bank and in hand |
- |
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Creditors: Amounts falling due within one year |
- |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
- |
46,028 |
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Shareholders' funds |
100 |
46,128 |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Four J's Development Tools Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
General information |
Four J’s Development Tools Ltd is a private company, limited by shares, domiciled in England and Wales. The company’s registration number is 03504676. The registered office is Unit 12 Old Mills Industrial Estate, Paulton, Bristol, BS39 7SU. The principal place of business is the registered office.
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
Going concern
The financial statements have not been prepared on a going concern basis as the directors intend to close the company in the next 12 months.
Audit report
Emphasis of matter - basis of preparation
The name of the Senior Statutory Auditor who signed the audit report on
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Four J's Development Tools Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
During the year the company transferred its MXN1 shareholding in Four J's Development Tools Latinoamerica S.A. de C.V., a company incorporated in Mexico, to another group company at cost.
Debtors |
Note |
2023 |
2022 |
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Amounts owed by group undertakings |
- |
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Other debtors |
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- |
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Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Other creditors |
- |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Four J's Development Tools Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
Dividends |
Interim dividends paid
2023 |
2022 |
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Interim dividend of £ |
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- |
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During the year the company declared an interim dividend of £44,501 (2022 - £Nil) satisfied by the assignment of the benefit of an intercompany receivable to the immediate parent company.
Related party transactions |
The company has taken advantage of the exemption under FRS 102 section 33.1A as a qualifying entity from disclosing related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is a wholly owned member of that group.
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is