13 May 2022 false No description of principal activity Taxfiler 2023.12 14105252business:PrivateLimitedCompanyLtd2022-05-132023-05-31 141052522022-05-12 141052522022-05-132023-05-31 14105252business:AuditExempt-NoAccountantsReport2022-05-132023-05-31 14105252business:FilletedAccounts2022-05-132023-05-31 141052522023-05-31 14105252business:Director12022-05-132023-05-31 14105252business:RegisteredOffice2022-05-132023-05-31 14105252core:WithinOneYear2023-05-31 14105252core:AfterOneYear2023-05-31 14105252core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14105252core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14105252core:PreviouslyStatedAmount2023-05-31 14105252business:SmallEntities2022-05-132023-05-31 14105252countries:EnglandWales2022-05-132023-05-31 14105252core:LandBuildings2022-05-12 14105252core:LandBuildings2022-05-132023-05-31 14105252core:LandBuildings2023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14105252 (England and Wales)
J & J CONCEPT LIMITED Unaudited accounts for the period from 13 May 2022 to 31 May 2023
J & J CONCEPT LIMITED Unaudited accounts Contents
Page
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J & J CONCEPT LIMITED Company Information for the period from 13 May 2022 to 31 May 2023
Director
Yun Sheung Janet TONG
Company Number
14105252 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
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J & J CONCEPT LIMITED Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
272,240 
Current assets
Cash at bank and in hand
2,445 
Creditors: amounts falling due within one year
(4,618)
Net current liabilities
(2,173)
Total assets less current liabilities
270,067 
Creditors: amounts falling due after more than one year
(266,350)
Net assets
3,717 
Capital and reserves
Called up share capital
1 
Profit and loss account
3,716 
Shareholders' funds
3,717 
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 director acknowledges his 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 and authorised for issue on 13 February 2024 and were signed on its behalf by
Yun Sheung Janet TONG Director Company Registration No. 14105252
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J & J CONCEPT LIMITED Notes to the Accounts for the period from 13 May 2022 to 31 May 2023
1
Statutory information
J & J CONCEPT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14105252. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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
These financial statements for the period from 13 May 2022 to 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 13 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 13 May 2022
- 
Additions
272,240 
At 31 May 2023
272,240 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
272,240 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
872 
Other creditors
2,274 
Loans from directors
1,472 
4,618 
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J & J CONCEPT LIMITED Notes to the Accounts for the period from 13 May 2022 to 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
£ 
Loans from directors
266,350 
7
Average number of employees
During the period the average number of employees was 0.
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