4 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 11079456 2023-01-01 2023-12-31 11079456 2023-12-31 11079456 2022-12-31 11079456 2022-01-01 2022-12-31 11079456 2022-12-31 11079456 2021-12-31 11079456 core:FurnitureFittings 2023-01-01 2023-12-31 11079456 core:MotorVehicles 2023-01-01 2023-12-31 11079456 bus:Director2 2023-01-01 2023-12-31 11079456 core:FurnitureFittings 2022-12-31 11079456 core:FurnitureFittings 2023-12-31 11079456 core:MotorVehicles 2023-12-31 11079456 core:WithinOneYear 2023-12-31 11079456 core:WithinOneYear 2022-12-31 11079456 core:AfterOneYear 2023-12-31 11079456 core:AfterOneYear 2022-12-31 11079456 core:ShareCapital 2023-12-31 11079456 core:ShareCapital 2022-12-31 11079456 core:RetainedEarningsAccumulatedLosses 2023-12-31 11079456 core:RetainedEarningsAccumulatedLosses 2022-12-31 11079456 core:FurnitureFittings 2022-12-31 11079456 bus:SmallEntities 2023-01-01 2023-12-31 11079456 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11079456 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11079456 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11079456 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 11079456
J & J EXPRESS LIMITED
Filleted Unaudited Financial Statements
31 December 2023
J & J EXPRESS LIMITED
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
5,590
3,988
Current assets
Stocks
15,000
14,500
Debtors
6
21,661
19,621
Cash at bank and in hand
993
2,330
--------
--------
37,654
36,451
Creditors: amounts falling due within one year
7
15,488
11,820
--------
--------
Net current assets
22,166
24,631
--------
--------
Total assets less current liabilities
27,756
28,619
Creditors: amounts falling due after more than one year
8
7,880
12,805
--------
--------
Net assets
19,876
15,814
--------
--------
J & J EXPRESS LIMITED
Statement of Financial Position (continued)
31 December 2023
2023
2022
Note
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
19,776
15,714
--------
--------
Shareholders funds
19,876
15,814
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 23 September 2024 , and are signed on behalf of the board by:
Mr P Selvarajah
Director
Company registration number: 11079456
J & J EXPRESS LIMITED
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 46 The Ridgeway, North Harrow, Middlesex, HA2 7QN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
20% reducing balance
Motor vehicles
-
20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 5 ).
5. Tangible assets
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 January 2023
8,177
8,177
Additions
3,000
3,000
-------
-------
--------
At 31 December 2023
8,177
3,000
11,177
-------
-------
--------
Depreciation
At 1 January 2023
4,189
4,189
Charge for the year
798
600
1,398
-------
-------
--------
At 31 December 2023
4,987
600
5,587
-------
-------
--------
Carrying amount
At 31 December 2023
3,190
2,400
5,590
-------
-------
--------
At 31 December 2022
3,988
3,988
-------
-------
--------
6. Debtors
2023
2022
£
£
Other debtors
21,661
19,621
--------
--------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
5,000
5,000
Trade creditors
1,151
428
Corporation tax
4,107
3,038
Social security and other taxes
1,770
2,560
Other creditors
3,460
794
--------
--------
15,488
11,820
--------
--------
8. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
7,880
12,805
-------
--------
9. Related party transactions
The company paid a dividend of £12,000 to Mr P Selvarajah , the director.