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REGISTERED NUMBER: 07168834 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

JustAccounts Limited

JustAccounts Limited (Registered number: 07168834)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


JustAccounts Limited (Registered number: 07168834)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 75,743 49,428
Cash at bank 197,149 80,030
272,892 129,458
CREDITORS
Amounts falling due within one year 6 299,846 253,660
NET CURRENT LIABILITIES (26,954 ) (124,202 )
TOTAL ASSETS LESS CURRENT LIABILITIES (26,954 ) (124,202 )

CREDITORS
Amounts falling due after more than one year 7 14,167 24,167
NET LIABILITIES (41,121 ) (148,369 )

CAPITAL AND RESERVES
Called up share capital 152,161 152,161
Share premium 3,932,804 3,932,804
Retained earnings (4,126,086 ) (4,233,334 )
SHAREHOLDERS' FUNDS (41,121 ) (148,369 )

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:





Mr K Fitzsimmons-Wilson - Director


JustAccounts Limited (Registered number: 07168834)

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

1. STATUTORY INFORMATION

JustAccounts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07168834

Registered office: Tyrone House
369 Haydock Lane
Haydock Industrial Estate
St Helens
Merseyside
WA11 9UY

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.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved; therefore the financial statements have been prepared on a going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


JustAccounts Limited (Registered number: 07168834)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 6,457
DEPRECIATION
At 1 January 2023
and 31 December 2023 6,457
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 52,074 43,043
Other debtors 23,669 6,385
75,743 49,428

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 30,337 19,763
Taxation and social security 78,919 71,987
Other creditors 180,590 151,910
299,846 253,660

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 14,167 24,167

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Shareholders' loans 30,500 46,193

Included in Creditors are amounts owing to a director totalling £30,500 secured by means of a legal charge over the company's present and future patents, trade marks, service marks, trade names, designs, inventions and computing files.