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REGISTERED NUMBER: 07719033 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st July 2023

for

Jason Goodwill Limited

Jason Goodwill Limited (Registered number: 07719033)






Contents of the Financial Statements
for the year ended 31st July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jason Goodwill Limited

Company Information
for the year ended 31st July 2023







DIRECTOR: Mr J Goodwill





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 07719033 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Jason Goodwill Limited (Registered number: 07719033)

Balance Sheet
31st July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,299 12,157

CURRENT ASSETS
Debtors 5 9,702 7,879
Cash at bank 3,831 4,915
13,533 12,794
CREDITORS
Amounts falling due within one year 6 11,596 10,867
NET CURRENT ASSETS 1,937 1,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,236

14,084

CREDITORS
Amounts falling due after more than one
year

7

(8,936

)

(11,430

)

PROVISIONS FOR LIABILITIES (1,767 ) (2,310 )
NET ASSETS 533 344

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 433 244
SHAREHOLDERS' FUNDS 533 344

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

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

The director acknowledges his 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.

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.

Jason Goodwill Limited (Registered number: 07719033)

Balance Sheet - continued
31st July 2023



The financial statements were approved by the director and authorised for issue on 15th April 2024 and were signed by:





Mr J Goodwill - Director


Jason Goodwill Limited (Registered number: 07719033)

Notes to the Financial Statements
for the year ended 31st July 2023

1. STATUTORY INFORMATION

Jason Goodwill 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Jason Goodwill Limited (Registered number: 07719033)

Notes to the Financial Statements - continued
for the year ended 31st July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2022
and 31st July 2023 26,029
DEPRECIATION
At 1st August 2022 13,872
Charge for year 2,858
At 31st July 2023 16,730
NET BOOK VALUE
At 31st July 2023 9,299
At 31st July 2022 12,157

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st August 2022
and 31st July 2023 20,647
DEPRECIATION
At 1st August 2022 10,304
Charge for year 2,586
At 31st July 2023 12,890
NET BOOK VALUE
At 31st July 2023 7,757
At 31st July 2022 10,343

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 9,702 7,879

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 2,494 2,494
Taxation and social security 4,829 6,274
Other creditors 4,273 2,099
11,596 10,867

Jason Goodwill Limited (Registered number: 07719033)

Notes to the Financial Statements - continued
for the year ended 31st July 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 8,936 11,430

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 11,430 13,924

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2023 and 31st July 2022:

2023 2022
£    £   
Mr J Goodwill
Balance outstanding at start of year 7,879 6,500
Amounts advanced 9,702 7,879
Amounts repaid (7,879 ) (6,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,702 7,879

The director's loan account is repayable within nine months of the accounting period end.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Goodwill.