Company Registration No. 13784726 (England and Wales)
JJ ANTIQUES LTD
Unaudited accounts
for the year ended 31 December 2023
JJ ANTIQUES LTD
Unaudited accounts
Contents
JJ ANTIQUES LTD
Company Information
for the year ended 31 December 2023
Director
Jamie Robert Sullivan
Company Number
13784726 (England and Wales)
Registered Office
2 LISSOMS ROAD
CHIPSTEAD
COULSDON
SURREY
CR5 3LE
ENGLAND
JJ ANTIQUES LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
12,423
13,265
Creditors: amounts falling due within one year
(23,901)
(1,121)
Net current (liabilities)/assets
(8,755)
12,144
Total assets less current liabilities
20,940
12,144
Creditors: amounts falling due after more than one year
(4,763)
(10,407)
Called up share capital
1
1
Profit and loss account
16,176
1,736
Shareholders' funds
16,177
1,737
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 September 2024 and were signed on its behalf by
Jamie Robert Sullivan
Director
Company Registration No. 13784726
JJ ANTIQUES LTD
Notes to the Accounts
for the year ended 31 December 2023
JJ ANTIQUES LTD is a private company, limited by shares, registered in England and Wales, registration number 13784726. The registered office is 2 LISSOMS ROAD, CHIPSTEAD, COULSDON, SURREY, CR5 3LE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis. The companies ongoing activities are dependent upon the continued support of the directors who has undertaken to provide such support for the foreseeable future.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25 % on straight line basis
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
JJ ANTIQUES LTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
39,594
At 31 December 2023
29,695
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
23,073
293
Taxes and social security
828
828
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
4,763
10,407
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
Jamie Robert Sullivan is the sole director and shareholder who held 100% shareholding in the company.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).