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REGISTERED NUMBER: 05421641 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2023

for

J. And N. Feather Limited

J. And N. Feather Limited (Registered number: 05421641)






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


J. And N. Feather Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr J Feather





SECRETARY: Mrs N Feather





REGISTERED OFFICE: Pear Tree Barn
Hainworth Shaw
Keighley
West Yorkshire
BD21 5QS





REGISTERED NUMBER: 05421641 (England and Wales)





ACCOUNTANTS: Mitchell Wellock Limited
Unit 24, Skipton Auction Mart
Gargrave Road
Skipton
North Yorkshire
BD23 1UD

J. And N. Feather Limited (Registered number: 05421641)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 272,652 253,871
Investments 5 364,381 290,908
637,033 544,779

CURRENT ASSETS
Stocks 21,794 20,000
Debtors 6 70,448 89,304
Cash at bank 22,585 -
114,827 109,304
CREDITORS
Amounts falling due within one year 7 232,767 245,205
NET CURRENT LIABILITIES (117,940 ) (135,901 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,093

408,878

CREDITORS
Amounts falling due after more than one
year

8

29,159

61,732
NET ASSETS 489,934 347,146

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 489,930 347,142
489,934 347,146

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 her 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. And N. Feather Limited (Registered number: 05421641)

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 23 September 2024 and were signed by:





Mr J Feather - Director


J. And N. Feather Limited (Registered number: 05421641)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

J. And N. Feather 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 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

J. And N. Feather Limited (Registered number: 05421641)

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 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2023 8,400 842,213 11,234
Additions - 64,700 -
Disposals - (12,060 ) -
At 31 December 2023 8,400 894,853 11,234
DEPRECIATION
At 1 January 2023 - 650,431 9,264
Charge for year - 58,501 295
Eliminated on disposal - (9,119 ) -
At 31 December 2023 - 699,813 9,559
NET BOOK VALUE
At 31 December 2023 8,400 195,040 1,675
At 31 December 2022 8,400 191,782 1,970

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 297,542 1,326 1,160,715
Additions 33,400 - 98,100
Disposals (56,965 ) - (69,025 )
At 31 December 2023 273,977 1,326 1,189,790
DEPRECIATION
At 1 January 2023 245,823 1,326 906,844
Charge for year 14,626 - 73,422
Eliminated on disposal (54,009 ) - (63,128 )
At 31 December 2023 206,440 1,326 917,138
NET BOOK VALUE
At 31 December 2023 67,537 - 272,652
At 31 December 2022 51,719 - 253,871

J. And N. Feather Limited (Registered number: 05421641)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023 262,010 68,950 330,960
Disposals (12,060 ) - (12,060 )
At 31 December 2023 249,950 68,950 318,900
DEPRECIATION
At 1 January 2023 119,923 25,925 145,848
Charge for year 34,787 10,756 45,543
Eliminated on disposal (9,119 ) - (9,119 )
At 31 December 2023 145,591 36,681 182,272
NET BOOK VALUE
At 31 December 2023 104,359 32,269 136,628
At 31 December 2022 142,087 43,025 185,112

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 290,908
Additions 98,814
Share of profit/(loss) (25,341 )
At 31 December 2023 364,381
NET BOOK VALUE
At 31 December 2023 364,381
At 31 December 2022 290,908

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 58,100 77,219
Other debtors 4,800 4,800
Prepayments 7,548 7,285
70,448 89,304

J. And N. Feather Limited (Registered number: 05421641)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 20,158
Hire purchase contracts 21,563 31,638
Trade creditors 14,135 25,848
Tax 23,104 -
Social security and other taxes (37,654 ) (36,616 )
VAT 25,278 19,452
Directors' current accounts 182,675 181,421
Accrued expenses 3,666 3,304
232,767 245,205

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 26,612 36,461
Hire purchase contracts 2,547 25,271
29,159 61,732