Company Registration No. 12845577 (England and Wales)
J J Spencer Limited
Unaudited accounts
for the year ended 31 August 2023
J J Spencer Limited
Unaudited accounts
Contents
J J Spencer Limited
Company Information
for the year ended 31 August 2023
Directors
James Spencer
Jane Spencer
Company Number
12845577 (England and Wales)
Registered Office
19 KNARESBOROUGH ROAD
HARROGATE
NORTH YORKSHIRE
HG2 7SR
ENGLAND
J J Spencer Limited
Statement of financial position
as at 31 August 2023
Intangible assets
6,672
10,007
Tangible assets
38,888
20,733
Cash at bank and in hand
32,269
35,997
Creditors: amounts falling due within one year
(130,638)
(65,674)
Net current liabilities
(76,824)
(18,058)
Net (liabilities)/assets
(31,264)
12,682
Called up share capital
100
100
Profit and loss account
(31,364)
12,582
Shareholders' funds
(31,264)
12,682
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2024 and were signed on its behalf by
James Spencer
Director
Company Registration No. 12845577
J J Spencer Limited
Notes to the Accounts
for the year ended 31 August 2023
J J Spencer Limited is a private company, limited by shares, registered in England and Wales, registration number 12845577. The registered office is 19 KNARESBOROUGH ROAD, HARROGATE, NORTH YORKSHIRE, HG2 7SR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2022
16,677
J J Spencer Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
33,901
1,881
35,782
Additions
8,904
20,887
29,791
At 31 August 2023
42,305
22,768
65,073
At 1 September 2022
14,673
376
15,049
Charge for the year
6,658
4,478
11,136
At 31 August 2023
21,331
4,854
26,185
At 31 August 2023
20,974
17,914
38,888
At 31 August 2022
19,228
1,505
20,733
Amounts falling due within one year
Trade debtors
12,820
2,866
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
57,501
20,956
Obligations under finance leases and hire purchase contracts
557
3,915
Taxes and social security
20,590
9,196
Loans from directors
45,900
22,753
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Average number of employees
During the year the average number of employees was 11 (2022: 11).