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Company Registration No. 14102125 (England and Wales)
JJ Custom Creations Ltd Unaudited accounts for the period from 11 May 2022 to 31 May 2023
JJ Custom Creations Ltd Unaudited accounts Contents
Page
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JJ Custom Creations Ltd Company Information for the period from 11 May 2022 to 31 May 2023
Directors
Darren Johnson Matthew Johnson
Company Number
14102125 (England and Wales)
Registered Office
22 Smith House Drive Brighouse West Yorkshire HD6 2JT ENGLAND
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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JJ Custom Creations Ltd Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
10,834 
Current assets
Inventories
2,617 
Debtors
400 
Cash at bank and in hand
2,064 
5,081 
Creditors: amounts falling due within one year
(12,611)
Net current liabilities
(7,530)
Total assets less current liabilities
3,304 
Creditors: amounts falling due after more than one year
(92)
Provisions for liabilities
Deferred tax
(486)
Net assets
2,726 
Capital and reserves
Called up share capital
1 
Profit and loss account
2,725 
Shareholders' funds
2,726 
For the period ending 31 May 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 5 February 2024 and were signed on its behalf by
Darren Johnson Director Company Registration No. 14102125
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JJ Custom Creations Ltd Notes to the Accounts for the period from 11 May 2022 to 31 May 2023
1
Statutory information
JJ Custom Creations Ltd is a private company, limited by shares, registered in England and Wales, registration number 14102125. The registered office is 22 Smith House Drive, Brighouse, West Yorkshire, HD6 2JT, ENGLAND. The principal place of business is Unit 3, Frost Hill Business Park, 3 Rhodes Street, Liversedge, West Yorkshire, WF15 6BG.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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JJ Custom Creations Ltd Notes to the Accounts for the period from 11 May 2022 to 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 11 May 2022
- 
- 
- 
Additions
10,740 
3,220 
13,960 
At 31 May 2023
10,740 
3,220 
13,960 
Depreciation
Charge for the period
2,273 
853 
3,126 
At 31 May 2023
2,273 
853 
3,126 
Net book value
At 31 May 2023
8,467 
2,367 
10,834 
5
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
400 
6
Creditors: amounts falling due within one year
2023 
£ 
Obligations under finance leases and hire purchase contracts
549 
Loans from directors
11,259 
Accruals
803 
12,611 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Obligations under finance leases and hire purchase contracts
92 
8
Deferred taxation
2023 
£ 
Accelerated capital allowances
486 
2023 
£ 
Charged to the profit and loss account
486 
Provision at end of period
486 
9
Share capital
2023 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
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JJ Custom Creations Ltd Notes to the Accounts for the period from 11 May 2022 to 31 May 2023
10
Transactions with related parties
The company is in receipt of loans amounting to £11,259.00 from members of key management personnel. The loans are payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loans were still outstanding and are presented within creditors: amounts falling due within one year.
11
Average number of employees
During the period the average number of employees was 0.
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