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REGISTERED NUMBER: 07064267 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JUST DOES IT LIMITED

JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)






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


JUST DOES IT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J Bartolo





REGISTERED OFFICE: Unit 3, Anvil Court
48 Denmark Street
Wokingham
RG40 2BB





REGISTERED NUMBER: 07064267 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 61,359 2,036

CURRENT ASSETS
Stocks 5 38,550 38,550
Debtors 6 366,196 540,749
Cash at bank 119,468 140,681
524,214 719,980
CREDITORS
Amounts falling due within one year 7 (371,949 ) (339,841 )
NET CURRENT ASSETS 152,265 380,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,624

382,175

CREDITORS
Amounts falling due after more than one
year

8

(83,097

)

(109,715

)
NET ASSETS 130,527 272,460

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 130,427 272,360
130,527 272,460

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.

JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)

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 20 September 2024 and were signed by:





J Bartolo - Director


JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Just Does It 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to premises - 20% on cost
Fixtures & Fittings - 33% on cost
Computer equipment - 33% on cost

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

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. 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.

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.

JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures Computer
premises & Fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 - 9,690 17,417 27,107
Additions 65,426 - 5,351 70,777
At 31 December 2023 65,426 9,690 22,768 97,884
DEPRECIATION
At 1 January 2023 - 8,421 16,650 25,071
Charge for year 8,723 564 2,167 11,454
At 31 December 2023 8,723 8,985 18,817 36,525
NET BOOK VALUE
At 31 December 2023 56,703 705 3,951 61,359
At 31 December 2022 - 1,269 767 2,036

5. STOCKS
2023 2022
£    £   
Inventories 38,550 38,550

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 55,464 115,000
Other debtors 1,974 1,974
Directors' current accounts - 93,991
Prepayments and accrued income 308,758 329,784
366,196 540,749

JUST DOES IT LIMITED (REGISTERED NUMBER: 07064267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 26,617 25,132
Trade creditors 63,630 41,555
Corporation tax 46,554 49,182
Taxes and social security 180,265 154,119
Other creditors 52,018 61,868
Directors' current accounts 465 -
Accrued expenses 2,400 7,985
371,949 339,841

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due between
1 & 2 years 26,617 26,617
Bank loans due between
2 & 5 years 56,480 83,098
83,097 109,715