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Company Registration No. 05286083 (England and Wales)
J & R Corporation Limited Unaudited accounts for the year ended 30 November 2023
J & R Corporation Limited Unaudited accounts Contents
Page
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J & R Corporation Limited Company Information for the year ended 30 November 2023
Directors
Mr Manga Singh Dhillon Mr Gurjeet Singh Dhillon Mr Amarjeet Rai
Company Number
05286083 (England and Wales)
Registered Office
Eagle House Stonebridge Road, Eagle Way Northfleet Kent DA11 9BJ
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J & R Corporation Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
206,377 
242,796 
Current assets
Inventories
41,098 
41,098 
Debtors
424,460 
704,713 
Cash at bank and in hand
1,845,002 
1,273,608 
2,310,560 
2,019,419 
Creditors: amounts falling due within one year
(863,000)
(859,562)
Net current assets
1,447,560 
1,159,857 
Total assets less current liabilities
1,653,937 
1,402,653 
Provisions for liabilities
Deferred tax
(13,934)
(13,934)
Net assets
1,640,003 
1,388,719 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,639,903 
1,388,619 
Shareholders' funds
1,640,003 
1,388,719 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 March 2024 and were signed on its behalf by
Mr Manga Singh Dhillon Director Company Registration No. 05286083
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J & R Corporation Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
J & R Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 05286083. The registered office is Eagle House Stonebridge Road, Eagle Way, Northfleet, Kent, DA11 9BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance method
Motor vehicles
15% Reducing balance method
Fixtures & fittings
15% Reducing balance method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
1,191,070 
21,090 
1,212,160 
At 30 November 2023
1,191,070 
21,090 
1,212,160 
Depreciation
At 1 December 2022
954,856 
14,508 
969,364 
Charge for the year
35,432 
987 
36,419 
At 30 November 2023
990,288 
15,495 
1,005,783 
Net book value
At 30 November 2023
200,782 
5,595 
206,377 
At 30 November 2022
236,214 
6,582 
242,796 
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J & R Corporation Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,578 
12,115 
Amounts due from group undertakings etc.
365,872 
690,871 
Accrued income and prepayments
48,010 
1,727 
424,460 
704,713 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
12,961 
Trade creditors
138,389 
267,955 
Taxes and social security
342,134 
198,857 
Other creditors
382,477 
379,789 
863,000 
859,562 
7
Controlling party
The company has no controlling party.
8
Average number of employees
During the year the average number of employees was 125 (2022: 143).
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