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
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
J & R Corporation Limited
Statement of financial position
as at 30 November 2023
Tangible assets
206,377
242,796
Cash at bank and in hand
1,845,002
1,273,608
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
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
J & R Corporation Limited
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 30 November 2023
200,782
5,595
206,377
At 30 November 2022
236,214
6,582
242,796
J & R Corporation Limited
Notes to the Accounts
for the year ended 30 November 2023
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
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
The company has no controlling party.
8
Average number of employees
During the year the average number of employees was 125 (2022: 143).