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REGISTERED NUMBER: 07161395 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

JPD UK Services Limited

JPD UK Services Limited (Registered number: 07161395)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JPD UK Services Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: P A Deans
J D Deans





REGISTERED OFFICE: The Old Brewery
50 Stratford Road
Shipston On Stour
Warwickshire
CV36 4BA





REGISTERED NUMBER: 07161395 (England and Wales)





ACCOUNTANTS: Gopsall Services Limited
4 HRFC Business Centre
Leicester Road
Hinckley
Leicestershire
LE10 3DR

JPD UK Services Limited (Registered number: 07161395)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,452 35,336

CURRENT ASSETS
Stocks 5 320,298 189,159
Debtors 6 166,356 188,179
Cash at bank and in hand 82,189 183,501
568,843 560,839
CREDITORS
Amounts falling due within one year 7 357,628 296,018
NET CURRENT ASSETS 211,215 264,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

287,667

300,157

CREDITORS
Amounts falling due after more than one
year

8

(104,785

)

(121,608

)

PROVISIONS FOR LIABILITIES 12 (17,630 ) (7,026 )
NET ASSETS 165,252 171,523

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 165,152 171,423
165,252 171,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 27 August 2024 and were signed on its behalf by:





P A Deans - Director


JPD UK Services Limited (Registered number: 07161395)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

JPD UK Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

JPD UK Services Limited (Registered number: 07161395)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 March 2023 103,492 9,186 50,695 163,373
Additions - - 66,448 66,448
At 29 February 2024 103,492 9,186 117,143 229,821
DEPRECIATION
At 1 March 2023 94,475 6,906 26,656 128,037
Charge for year 2,254 456 22,622 25,332
At 29 February 2024 96,729 7,362 49,278 153,369
NET BOOK VALUE
At 29 February 2024 6,763 1,824 67,865 76,452
At 28 February 2023 9,017 2,280 24,039 35,336


5. STOCKS
29.2.24 28.2.23
£    £   
Work-in-progress 320,298 189,159

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 104,314 154,220
Other debtors 2,400 1,650
VAT 54,468 13,703
Prepayments 5,174 18,606
166,356 188,179

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other loans (see note 9) 47,185 62,759
Hire purchase contracts (see note 10) 17,094 5,057
Trade creditors 243,252 143,702
Tax 38,452 64,543
Social security and other taxes 7,819 14,762
Other creditors - 1,743
Directors' current accounts 626 402
Accrued expenses 3,200 3,050
357,628 296,018

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Other loans (see note 9) 56,709 103,908
Hire purchase contracts (see note 10) 48,076 17,700
104,785 121,608

JPD UK Services Limited (Registered number: 07161395)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. LOANS

An analysis of the maturity of loans is given below:

29.2.24 28.2.23
£    £   
Amounts falling due within one year or on demand:
Other loans 47,185 62,759

Amounts falling due between two and five years:
Other loans - 2-5 years 56,709 103,908

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
29.2.24 28.2.23
£    £   
Net obligations repayable:
Within one year 17,094 5,057
Between one and five years 48,076 17,700
65,170 22,757

Non-cancellable operating leases
29.2.24 28.2.23
£    £   
Within one year 55,473 48,116
Between one and five years 111,979 108,128
167,452 156,244

11. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Hire purchase contracts 65,170 22,757
Other loan 47,272 69,091
112,442 91,848

Lloyds Bank PLC holds charges over all the property or undertaking of the company.
Hire purchase liabilities are secured against the assets to which they relate.

12. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 17,630 7,026

Deferred
tax
£   
Balance at 1 March 2023 7,026
Provided during year 10,604
Balance at 29 February 2024 17,630

JPD UK Services Limited (Registered number: 07161395)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

13. PENSION COMMITMENTS

Pension commitments at the year end totalled £nil (2023 - £1,743).