IRIS Accounts Productionv24.1.0.57803866636director1.11.2231.10.2331.10.23falsetruefalsefalsetruefalseFair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038666362022-10-31038666362023-10-31038666362022-11-012023-10-31038666362021-10-31038666362021-11-012022-10-31038666362022-10-3103866636ns15:EnglandWales2022-11-012023-10-3103866636ns14:PoundSterling2022-11-012023-10-3103866636ns10:Director12022-11-012023-10-3103866636ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3103866636ns10:SmallEntities2022-11-012023-10-3103866636ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3103866636ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3103866636ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3103866636ns10:FullAccounts2022-11-012023-10-3103866636ns10:RegisteredOffice2022-11-012023-10-3103866636ns5:CurrentFinancialInstruments2023-10-3103866636ns5:CurrentFinancialInstruments2022-10-3103866636ns5:Non-currentFinancialInstruments2023-10-3103866636ns5:Non-currentFinancialInstruments2022-10-3103866636ns5:ShareCapital2023-10-3103866636ns5:ShareCapital2022-10-3103866636ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-3103866636ns5:FurtherSpecificReserve3ComponentTotalEquity2022-10-3103866636ns5:RetainedEarningsAccumulatedLosses2023-10-3103866636ns5:RetainedEarningsAccumulatedLosses2022-10-3103866636ns5:FurnitureFittings2022-11-012023-10-3103866636ns5:MotorVehicles2022-11-012023-10-3103866636ns5:FurnitureFittings2022-10-3103866636ns5:MotorVehicles2022-10-3103866636ns5:FurnitureFittings2023-10-3103866636ns5:MotorVehicles2023-10-3103866636ns5:FurnitureFittings2022-10-3103866636ns5:MotorVehicles2022-10-3103866636ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3103866636ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3103866636ns5:RetainedEarningsAccumulatedLosses2022-10-3103866636ns5:FurtherSpecificReserve3ComponentTotalEquity2022-10-3103866636ns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-31

REGISTERED NUMBER: 03866636 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 October 2023

for


J.D. Personnel Limited


J.D. Personnel Limited (Registered number: 03866636)







Contents of the Financial Statements

for the Year Ended 31 October 2023





Page



Company Information  

1



Statement of Financial Position  

2



Notes to the Financial Statements  

4




J.D. Personnel Limited


Company Information

for the Year Ended 31 October 2023









DIRECTOR:

S D Jacobs







REGISTERED OFFICE:

Spectrum House


2B Suttons Lane


Hornchurch


Essex


RM12 6RJ







REGISTERED NUMBER:

03866636 (England and Wales)







ACCOUNTANTS:

Johal & Company


Chartered Certified Accountants


& Registered Auditors


Spectrum House


2B Suttons Lane


Hornchurch


Essex


RM12 6RJ


J.D. Personnel Limited (Registered number: 03866636)


Statement of Financial Position

31 October 2023



31.10.23

31.10.22



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

1,899


2,540



Investment property

5

355,000


355,000



356,899


357,540




CURRENT ASSETS

Stocks

241,500


-



Debtors

6

188,109


176,160



Cash at bank

53,071


10,217



482,680


186,377



CREDITORS

Amounts falling due within one year

7

533,307


235,218



NET CURRENT LIABILITIES

(50,627

)

(48,841

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

306,272


308,699




CREDITORS

Amounts falling due after more than one

year

8

(127,699

)

(133,977

)



PROVISIONS FOR LIABILITIES

(44,371

)

(44,371

)


NET ASSETS

134,202


130,351




CAPITAL AND RESERVES

Called up share capital

100


100



Fair value reserve

9

189,161


189,161



Retained earnings

9

(55,059

)

(58,910

)


SHAREHOLDERS' FUNDS

134,202


130,351




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


The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.


J.D. Personnel Limited (Registered number: 03866636)


Statement of Financial Position - continued

31 October 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 30 July 2024 and were signed by:






S D Jacobs - Director



J.D. Personnel Limited (Registered number: 03866636)


Notes to the Financial Statements

for the Year Ended 31 October 2023


1.

STATUTORY INFORMATION



J.D. Personnel 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.  


Fixtures and fittings

-

25% on reducing balance


Motor vehicles

-

25% on reducing balance



Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


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 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.


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.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 3 (2022 - 3 ) .


J.D. Personnel Limited (Registered number: 03866636)


Notes to the Financial Statements - continued

for the Year Ended 31 October 2023


4.

TANGIBLE FIXED ASSETS


Fixtures



and


Motor



fittings


vehicles


Totals

£   

£   

£   



COST


At 1 November 2022


and 31 October 2023

29,393


15,270


44,663




DEPRECIATION


At 1 November 2022

26,921


15,202


42,123




Charge for year

618


23


641




At 31 October 2023

27,539


15,225


42,764




NET BOOK VALUE


At 31 October 2023

1,854


45


1,899




At 31 October 2022

2,472


68


2,540




5.

INVESTMENT PROPERTY


Total

£   



FAIR VALUE


At 1 November 2022


and 31 October 2023

355,000




NET BOOK VALUE


At 31 October 2023

355,000




At 31 October 2022

355,000





Fair value at 31 October 2023 is represented by:

£   



Valuation in 2017

355,000





In the opinion of the directors, the fair value of the investment properties at the balance sheet date was


£355,000.00


6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.10.23


31.10.22

£   

£   



Trade debtors

376


-




Other debtors

187,733


176,160



188,109


176,160




J.D. Personnel Limited (Registered number: 03866636)


Notes to the Financial Statements - continued

for the Year Ended 31 October 2023


7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.10.23


31.10.22

£   

£   



Bank loans and overdrafts

6,762


5,914




Trade creditors

24,556


21,816




Taxation and social security

(544

)

(585

)



Other creditors

502,533


208,073



533,307


235,218




8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR



31.10.23


31.10.22

£   

£   



Bank loans

78,224


84,502




Other creditors

49,475


49,475



127,699


133,977




9.

RESERVES


Fair



Retained


value



earnings


reserve


Totals

£   

£   

£   




At 1 November 2022

(58,910

)

189,161


130,251




Profit for the year

3,851


3,851




At 31 October 2023

(55,059

)

189,161


134,102