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REGISTERED NUMBER: 00175828 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

J. SPEAK & CO. LIMITED

J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J. SPEAK & CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs V Firth
M A Firth
G Firth
Mrs D Firth
C N Firth





SECRETARY: C N Firth





REGISTERED OFFICE: Suite 1
Aireside House
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ





REGISTERED NUMBER: 00175828 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ

J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 35,346 93,638
Investments 5 - 2
35,346 93,640

CURRENT ASSETS
Stocks 186,540 480,548
Debtors 6 60,167 640,484
Cash at bank and in hand 1,151,364 -
1,398,071 1,121,032
CREDITORS
Amounts falling due within one year 7 (42,979 ) (358,148 )
NET CURRENT ASSETS 1,355,092 762,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,390,438

856,524

CAPITAL AND RESERVES
Called up share capital 8 18,120 18,120
Other reserves 219,250 219,250
Retained earnings 1,153,068 619,154
SHAREHOLDERS' FUNDS 1,390,438 856,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

BALANCE SHEET - continued
30 JUNE 2024


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 19 September 2024 and were signed on its behalf by:





C N Firth - Director


J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

J. Speak & Co. 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 (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
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.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date, unless other rates are contracted. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

FINANCIAL INSTRUMENTS
Financial instruments are classified and accounted for as financial assets, financial liabilities, or equity instruments, according to the substance of the contractual arrangement.

Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital amounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability.

An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. A financial liability is any contractual arrangement for an entity to deliver cash to the holder of the associated financial instrument.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 July 2023 112,388 198,820 311,208
Disposals (112,388 ) (109,451 ) (221,839 )
At 30 June 2024 - 89,369 89,369
DEPRECIATION
At 1 July 2023 82,773 134,797 217,570
Charge for year - 11,787 11,787
Eliminated on disposal (82,773 ) (92,561 ) (175,334 )
At 30 June 2024 - 54,023 54,023
NET BOOK VALUE
At 30 June 2024 - 35,346 35,346
At 30 June 2023 29,615 64,023 93,638

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 July 2023 2
Disposals (2 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 606,517
Other debtors 60,167 33,967
60,167 640,484

J. SPEAK & CO. LIMITED (REGISTERED NUMBER: 00175828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts - 123,498
Trade creditors 1,295 46,668
Amounts owed to group undertakings - 2
Taxation and social security 29,586 4,335
Other creditors 12,098 183,645
42,979 358,148

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully
paid:

Number: Class: Nominal Value: 30.06.15 30.06.14

13,922 Ordinary £1 13,922 13,922
2,272 A Ordinary £1 2,272 2,272
963 B Ordinary £1 963 963
963 C Ordinary £1 963 963
18,120 18,120

All classes of share capital rank pari passu in all respects.

9. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one person.