CJ Commercials (Thetford) Limited 01495704 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is property renovation and rental and general dealers Digita Accounts Production Advanced 6.30.9574.0 true true 01495704 2023-06-01 2024-05-31 01495704 2024-05-31 01495704 bus:OrdinaryShareClass1 2024-05-31 01495704 core:RetainedEarningsAccumulatedLosses 2024-05-31 01495704 core:ShareCapital 2024-05-31 01495704 core:CurrentFinancialInstruments 2024-05-31 01495704 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 01495704 core:FurnitureFittingsToolsEquipment 2024-05-31 01495704 core:OtherPropertyPlantEquipment 2024-05-31 01495704 bus:SmallEntities 2023-06-01 2024-05-31 01495704 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 01495704 bus:FilletedAccounts 2023-06-01 2024-05-31 01495704 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 01495704 bus:RegisteredOffice 2023-06-01 2024-05-31 01495704 bus:CompanySecretaryDirector1 2023-06-01 2024-05-31 01495704 bus:Director2 2023-06-01 2024-05-31 01495704 bus:Director3 2023-06-01 2024-05-31 01495704 bus:Director4 2023-06-01 2024-05-31 01495704 bus:Director5 2023-06-01 2024-05-31 01495704 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 01495704 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 01495704 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 01495704 core:OfficeEquipment 2023-06-01 2024-05-31 01495704 core:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 01495704 core:PlantMachinery 2023-06-01 2024-05-31 01495704 countries:EnglandWales 2023-06-01 2024-05-31 01495704 2023-05-31 01495704 core:FurnitureFittingsToolsEquipment 2023-05-31 01495704 core:OtherPropertyPlantEquipment 2023-05-31 01495704 2022-06-01 2023-05-31 01495704 2023-05-31 01495704 bus:OrdinaryShareClass1 2023-05-31 01495704 core:RetainedEarningsAccumulatedLosses 2023-05-31 01495704 core:ShareCapital 2023-05-31 01495704 core:CurrentFinancialInstruments 2023-05-31 01495704 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 01495704 core:FurnitureFittingsToolsEquipment 2023-05-31 01495704 core:OtherPropertyPlantEquipment 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01495704

CJ Commercials (Thetford) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

CJ Commercials (Thetford) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

CJ Commercials (Thetford) Limited

Company Information

Directors

Mrs Joyce Margaret Parrott

Mr Stephen John Parrott

Mr John Colin Parrott

Mrs Michelle Linda Parrott

Mr Alex John Parrott

Company secretary

Mrs Joyce Margaret Parrott

Registered office

59 Abbeygate Street
Bury St. Edmunds
Suffolk
IP33 1LB

Accountants

Jacobs Allen Limited
Chartered Accountants and Chartered Tax Advisers
59 Abbeygate Street
Bury St. Edmunds
Suffolk
IP33 1LB

 

CJ Commercials (Thetford) Limited

(Registration number: 01495704)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

-

290

Current assets

 

Stocks

-

95,766

Debtors

6

104,797

16,565

Cash at bank and in hand

 

36,356

49,661

 

141,153

161,992

Creditors: Amounts falling due within one year

7

(224,914)

(246,577)

Net current liabilities

 

(83,761)

(84,585)

Net liabilities

 

(83,761)

(84,295)

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

(83,861)

(84,395)

Shareholders' deficit

 

(83,761)

(84,295)

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 17 September 2024 and signed on its behalf by:
 

.........................................
Mr Stephen John Parrott
Director

 

CJ Commercials (Thetford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
59 Abbeygate Street
Bury St. Edmunds
Suffolk
IP33 1LB
England

The principal place of business is:
Ellendean Hockwold Road
Weeting
Brandon
Suffolk
IP27 0QE
United Kingdom

These financial statements were authorised for issue by the Board on 17 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company ceased to trade on 30 April 2024 and the financial statements have therefore not been prepared on a going concern basis.

Revenue recognition

Turnover comprises amounts chargeable in respect of property renovation, sales of goods including mobility scooters, net of value added tax, and rental income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

CJ Commercials (Thetford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% written down value

Office equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 5).

4

Profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

90

124

Profit/loss on disposal of tangible fixed assets

80

-

 

CJ Commercials (Thetford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

5

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 June 2023

292

1,262

1,554

Disposals

(292)

(1,262)

(1,554)

At 31 May 2024

-

-

-

Depreciation

At 1 June 2023

292

972

1,264

Charge for the year

-

90

90

Eliminated on disposal

(292)

(1,062)

(1,354)

At 31 May 2024

-

-

-

Carrying amount

At 31 May 2024

-

-

-

At 31 May 2023

-

290

290

6

Debtors

Current

2024
£

2023
£

Trade debtors

104,232

5,276

Prepayments

-

1,367

Other debtors

565

9,922

 

104,797

16,565

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

17,352

1,691

Accruals and deferred income

1,817

6,372

Other creditors

205,745

238,514

224,914

246,577

 

CJ Commercials (Thetford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

9

Related party transactions

Other transactions with directors

A director has provided an interest free loan to the company in the sum of £205,545 (2023:£215,392). This loan is repayable on demand,