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REGISTERED NUMBER: 08626738 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2023

for

JD Hire Limited

JD Hire Limited (Registered number: 08626738)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JD Hire Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: S D Jacobs





REGISTERED OFFICE: 2B Suttons Lane
Hornchurch
Essex
RM12 6RJ





REGISTERED NUMBER: 08626738 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

JD Hire Limited (Registered number: 08626738)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 127,337 55,789

CURRENT ASSETS
Debtors 5 96,683 51,667
Cash at bank 11,488 12,862
108,171 64,529
CREDITORS
Amounts falling due within one year 6 81,621 37,941
NET CURRENT ASSETS 26,550 26,588
TOTAL ASSETS LESS CURRENT
LIABILITIES

153,887

82,377

CREDITORS
Amounts falling due after more than one
year

7

57,109

13,843
NET ASSETS 96,778 68,534

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 96,678 68,434
SHAREHOLDERS' FUNDS 96,778 68,534

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 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.

JD Hire Limited (Registered number: 08626738)

Statement of Financial Position - 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 director and authorised for issue on 19 April 2024 and were signed by:





S D Jacobs - Director


JD Hire Limited (Registered number: 08626738)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

JD Hire 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

JD Hire Limited (Registered number: 08626738)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2022 84,491 15,790 100,281
Additions 113,994 - 113,994
At 31 July 2023 198,485 15,790 214,275
DEPRECIATION
At 1 August 2022 29,627 14,865 44,492
Charge for year 42,214 232 42,446
At 31 July 2023 71,841 15,097 86,938
NET BOOK VALUE
At 31 July 2023 126,644 693 127,337
At 31 July 2022 54,864 925 55,789

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 31,716 40,200
Other debtors 64,967 11,467
96,683 51,667

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 40,839 5,034
Taxation and social security 11,627 7,235
Other creditors 29,155 25,672
81,621 37,941

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 57,109 13,843