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REGISTERED NUMBER: 08207401 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

E Johnson & Associates Limited

E Johnson & Associates Limited (Registered number: 08207401)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E Johnson & Associates Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr E Johnson





REGISTERED OFFICE: 637 Green Lanes
London
N8 0RE





REGISTERED NUMBER: 08207401 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

E Johnson & Associates Limited (Registered number: 08207401)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,100 4,347

CURRENT ASSETS
Stocks 5 109,523 113,828
Debtors 6 103,539 37,410
Cash at bank and in hand 36,156 9,706
249,218 160,944
CREDITORS
Amounts falling due within one year 7 124,977 118,609
NET CURRENT ASSETS 124,241 42,335
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,341

46,682

CREDITORS
Amounts falling due after more than one
year

8

121,296

39,815
NET ASSETS 7,045 6,867

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 6,945 6,767
SHAREHOLDERS' FUNDS 7,045 6,867

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

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

E Johnson & Associates Limited (Registered number: 08207401)

Balance Sheet - continued
31 December 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 11 September 2024 and were signed by:





Mr E Johnson - Director


E Johnson & Associates Limited (Registered number: 08207401)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

E Johnson & Associates 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.

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 - 33% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% 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
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 21 (2022 - 20 ) .

E Johnson & Associates Limited (Registered number: 08207401)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 - 6,710 22,695 29,405
Additions 1,545 - - 1,545
At 31 December 2023 1,545 6,710 22,695 30,950
DEPRECIATION
At 1 January 2023 - 5,535 19,523 25,058
Charge for year 510 235 1,047 1,792
At 31 December 2023 510 5,770 20,570 26,850
NET BOOK VALUE
At 31 December 2023 1,035 940 2,125 4,100
At 31 December 2022 - 1,175 3,172 4,347

5. STOCKS
31.12.23 31.12.22
£    £   
Work-in-progress 109,523 113,828

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,496 4,496
Other debtors 99,043 32,914
103,539 37,410

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 17,296 19,029
Taxation and social security 84,547 93,987
Other creditors 17,578 37
124,977 118,609

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 33,796 39,815
Other creditors 87,500 -
121,296 39,815

E Johnson & Associates Limited (Registered number: 08207401)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2023 6,767
Profit for the year 178
At 31 December 2023 6,945

11. RELATED PARTY DISCLOSURES

During the year, no dividend was paid to the director.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr E Johnson.

By virtue of being the director of the company and controls more than 50% of the ordinary share capital of the company.