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REGISTERED NUMBER: 04919109 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

JOHNSONS RECYCLING LIMITED

JOHNSONS RECYCLING LIMITED (REGISTERED NUMBER: 04919109)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JOHNSONS RECYCLING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: A R Johnson
C Johnson





SECRETARY: Mrs L Johnson





REGISTERED OFFICE: Unit 1
Park Farm Close
Park Farm Industrial Estate
Folkestone
Kent
CT19 5DU





REGISTERED NUMBER: 04919109 (England and Wales)





ACCOUNTANTS: Ackland Webb Ltd
Chartered Certified Accountants
Suite 1, First Floor
3 Jubilee Way
Faversham
Kent
ME13 8GD

JOHNSONS RECYCLING LIMITED (REGISTERED NUMBER: 04919109)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 497,822 537,980

CURRENT ASSETS
Stocks 32,000 23,000
Debtors 5 16,859 19,311
Prepayments and accrued income 9,531 8,308
Cash at bank 1,523,948 1,389,275
1,582,338 1,439,894
CREDITORS
Amounts falling due within one year 6 295,059 247,117
NET CURRENT ASSETS 1,287,279 1,192,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,785,101

1,730,757

CREDITORS
Amounts falling due after more than one year 7 - (22,150 )

PROVISIONS FOR LIABILITIES (47,586 ) (43,626 )
NET ASSETS 1,737,515 1,664,981

CAPITAL AND RESERVES
Called up share capital 200 1,100
Retained earnings 1,737,315 1,663,881
SHAREHOLDERS' FUNDS 1,737,515 1,664,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 4 April 2024 and were signed on its behalf by:





A R Johnson - Director


JOHNSONS RECYCLING LIMITED (REGISTERED NUMBER: 04919109)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Johnsons Recycling 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 etc - 25% on reducing balance and 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

JOHNSONS RECYCLING LIMITED (REGISTERED NUMBER: 04919109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2022 294,166 1,013,832 1,307,998
Additions - 26,050 26,050
Disposals - (9,600 ) (9,600 )
At 30 September 2023 294,166 1,030,282 1,324,448
DEPRECIATION
At 1 October 2022 - 770,018 770,018
Charge for year - 64,919 64,919
Eliminated on disposal - (8,311 ) (8,311 )
At 30 September 2023 - 826,626 826,626
NET BOOK VALUE
At 30 September 2023 294,166 203,656 497,822
At 30 September 2022 294,166 243,814 537,980

Cost or valuation at 30 September 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2020 60,884 - 60,884
Valuation in 2021 19,862 - 19,862
Valuation in 2022 (8,696 ) - (8,696 )
Cost 222,116 1,030,282 1,252,398
294,166 1,030,282 1,324,448

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 15,359 17,811
Other debtors 1,500 1,500
16,859 19,311

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 26,544 37,395
Trade creditors 100,195 16,601
Taxation and social security 164,880 168,893
Other creditors 3,440 24,228
295,059 247,117

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans - 22,150

JOHNSONS RECYCLING LIMITED (REGISTERED NUMBER: 04919109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


8. ULTIMATE CONTROLLING PARTY

The controlling party is A R Johnson.