IRIS Accounts Production v24.1.0.578 06714395 director 1.1.23 31.12.23 31.12.23 false true false false true false A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure067143952022-12-31067143952023-12-31067143952023-01-012023-12-31067143952021-12-31067143952022-01-012022-12-31067143952022-12-3106714395ns16:EnglandWales2023-01-012023-12-3106714395ns15:PoundSterling2023-01-012023-12-3106714395ns11:Director12023-01-012023-12-3106714395ns11:PrivateLimitedCompanyLtd2023-01-012023-12-3106714395ns11:SmallEntities2023-01-012023-12-3106714395ns11:AuditExempt-NoAccountantsReport2023-01-012023-12-3106714395ns11:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106714395ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106714395ns11:FullAccounts2023-01-012023-12-3106714395ns11:OrdinaryShareClass12023-01-012023-12-3106714395ns11:RegisteredOffice2023-01-012023-12-3106714395ns6:CurrentFinancialInstruments2023-12-3106714395ns6:CurrentFinancialInstruments2022-12-3106714395ns6:ShareCapital2023-12-3106714395ns6:ShareCapital2022-12-3106714395ns6:CapitalRedemptionReserve2023-12-3106714395ns6:CapitalRedemptionReserve2022-12-3106714395ns6:RetainedEarningsAccumulatedLosses2023-12-3106714395ns6:RetainedEarningsAccumulatedLosses2022-12-3106714395ns6:PlantMachinery2023-01-012023-12-3106714395ns6:PlantMachinery2022-12-3106714395ns6:PlantMachinery2023-12-3106714395ns6:PlantMachinery2022-12-3106714395ns6:WithinOneYearns6:CurrentFinancialInstruments2023-12-3106714395ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3106714395ns6:WithinOneYear2023-12-3106714395ns6:WithinOneYear2022-12-3106714395ns6:BetweenOneFiveYears2023-12-3106714395ns6:BetweenOneFiveYears2022-12-3106714395ns6:AllPeriods2023-12-3106714395ns6:AllPeriods2022-12-3106714395ns11:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 06714395 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

JDF Network Ltd

JDF Network Ltd (Registered number: 06714395)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JDF Network Ltd

Company Information
for the Year Ended 31 December 2023







Director: J Fulton





Registered office: 87a High Street
Hemel Hempstead
HP1 3AH





Registered number: 06714395 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

JDF Network Ltd (Registered number: 06714395)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 6,177 1,762

Current assets
Debtors 5 63,657 162,211
Cash at bank 237,018 152,895
300,675 315,106
Creditors
Amounts falling due within one year 6 82,008 126,655
Net current assets 218,667 188,451
Total assets less current liabilities 224,844 190,213

Capital and reserves
Called up share capital 8 1 1
Capital redemption reserve 1 1
Retained earnings 224,842 190,211
Shareholders' funds 224,844 190,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

JDF Network Ltd (Registered number: 06714395)

Balance Sheet - continued
31 December 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 17 April 2024 and were signed by:





J Fulton - Director


JDF Network Ltd (Registered number: 06714395)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

JDF Network 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.

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 etc - 33% on cost, 25% on cost and 25% on reducing balance

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.

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.

3. Employees and directors

The average number of employees during the year was 3 (2022 - 3 ) .

JDF Network Ltd (Registered number: 06714395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2023 7,820
Additions 6,213
At 31 December 2023 14,033
Depreciation
At 1 January 2023 6,058
Charge for year 1,798
At 31 December 2023 7,856
Net book value
At 31 December 2023 6,177
At 31 December 2022 1,762

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 60,344 160,848
Other debtors 3,313 1,363
63,657 162,211

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 296 28,661
Taxation and social security 80,020 97,087
Other creditors 1,692 907
82,008 126,655

7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 9,855 10,751
Between one and five years - 9,855
9,855 20,606

JDF Network Ltd (Registered number: 06714395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. Called up share capital

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