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REGISTERED NUMBER: 05893139 (England and Wales)















J & R TRADING (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8


J & R TRADING (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: L M Jones
S A Jones





SECRETARY: S A Jones





REGISTERED OFFICE: 14 Elmdon Trading Estate
Bickenhall Lane
Birmingham
West Midlands
B37 7HE





REGISTERED NUMBER: 05893139 (England and Wales)





ACCOUNTANTS: Four Oaks Taxation & Accounting Services Limited
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG

J & R TRADING (UK) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
J & R TRADING (UK) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Four Oaks Taxation & Accounting Services Limited
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG


29 March 2024

J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,365,293 2,255,022
Investments 5 32,175 32,175
2,397,468 2,287,197

CURRENT ASSETS
Stocks 829,387 694,287
Debtors 6 48,363 36,945
Cash at bank 578,382 472,685
1,456,132 1,203,917
CREDITORS
Amounts falling due within one year 7 1,986,397 1,900,337
NET CURRENT LIABILITIES (530,265 ) (696,420 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,867,203

1,590,777

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,866,203 1,589,777
SHAREHOLDERS' FUNDS 1,867,203 1,590,777

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

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

The directors acknowledge their 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.

J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

BALANCE SHEET - continued
31 JULY 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 Board of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by:





L M Jones - Director


J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

J & R Trading (Uk) Limited 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 as modified by the revaluation of certain assets.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST OR VALUATION
At 1 August 2022 2,092,704 77,143 167,567
Additions - - 41,865
At 31 July 2023 2,092,704 77,143 209,432
DEPRECIATION
At 1 August 2022 - - 82,392
Charge for year - - 31,760
At 31 July 2023 - - 114,152
NET BOOK VALUE
At 31 July 2023 2,092,704 77,143 95,280
At 31 July 2022 2,092,704 77,143 85,175

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 August 2022 252,402 - 23,897 2,613,713
Additions - 124,039 1,395 167,299
At 31 July 2023 252,402 124,039 25,292 2,781,012
DEPRECIATION
At 1 August 2022 252,402 - 23,897 358,691
Charge for year - 24,808 460 57,028
At 31 July 2023 252,402 24,808 24,357 415,719
NET BOOK VALUE
At 31 July 2023 - 99,231 935 2,365,293
At 31 July 2022 - - - 2,255,022

J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 July 2023 is represented by:

Improvements
Freehold to Plant and
property property machinery
£    £    £   
Valuation in 2021 2,092,704 - 209,432
Valuation in 2023 - 77,143 -
2,092,704 77,143 209,432

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Valuation in 2021 252,402 124,039 25,292 2,703,869
Valuation in 2023 - - - 77,143
252,402 124,039 25,292 2,781,012

Freehold property was valued on an open market basis on 25 May 2021 by Connells Survey & Valuation Ltd .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2022
and 31 July 2023 32,175
NET BOOK VALUE
At 31 July 2023 32,175
At 31 July 2022 32,175

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,968 -
Rent bond 31,395 36,945
48,363 36,945

J & R TRADING (UK) LIMITED (REGISTERED NUMBER: 05893139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,745,395 1,661,883
Other creditors 110,783 106,250
Corporation tax 65,404 81,984
Wages control account - 24,000
VAT 59,815 21,220
Accruals and deferred income 5,000 5,000
1,986,397 1,900,337