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REGISTERED NUMBER: 06019463 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JOHN STEFANIDIS BRANDS LIMITED

JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

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


JOHN STEFANIDIS BRANDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2023







DIRECTOR: I Stefanidis





REGISTERED OFFICE: Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX





REGISTERED NUMBER: 06019463 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,165 1,845

CURRENT ASSETS
Debtors 5 191,914 338,141
Cash at bank 4,430 36,890
196,344 375,031
CREDITORS
Amounts falling due within one year 6 51,434 77,362
NET CURRENT ASSETS 144,910 297,669
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,075

299,514

CREDITORS
Amounts falling due after more than one year 7 19,594 29,219
NET ASSETS 127,481 270,295

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 127,480 270,294
SHAREHOLDERS' FUNDS 127,481 270,295

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.

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.

JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

BALANCE SHEET - continued
31 December 2023



The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





I Stefanidis - Director


JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

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


1. STATUTORY INFORMATION

John Stefanidis Brands 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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

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.

JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 1,253 7,446 8,699
Additions - 1,041 1,041
At 31 December 2023 1,253 8,487 9,740
DEPRECIATION
At 1 January 2023 1,252 5,602 6,854
Charge for year - 721 721
At 31 December 2023 1,252 6,323 7,575
NET BOOK VALUE
At 31 December 2023 1 2,164 2,165
At 31 December 2022 1 1,844 1,845

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,396 12,091
Other debtors 175,518 326,050
191,914 338,141

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,890 9,980
Trade creditors 5,971 4,488
Taxation and social security 6,077 35,815
Other creditors 29,496 27,079
51,434 77,362

JOHN STEFANIDIS BRANDS LIMITED (REGISTERED NUMBER: 06019463)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,594 29,219

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 19,594 29,219

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
I Stefanidis
Balance outstanding at start of year 260,127 260,127
Amounts advanced 43,829 -
Amounts repaid (225,069 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 78,887 260,127