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REGISTERED NUMBER: 01597319 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

J.C. DESIGNS LIMITED

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.C. DESIGNS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: J C Burchell
Mrs C Burchell





SECRETARY: Mrs C Burchell





REGISTERED OFFICE: Beckwith Barn
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT





REGISTERED NUMBER: 01597319 (England and Wales)





ACCOUNTANTS: Lucentum Business Services Ltd
Beckwith Barn
Warren Estate
Lordship Road
Chelmsford
Essex
CM1 3WT

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,332 16,838

CURRENT ASSETS
Stocks 6 7,818 5,304
Debtors 7 207,934 270,810
Cash at bank and in hand 8 106 24,347
215,858 300,461
CREDITORS
Amounts falling due within one year 9 194,220 306,632
NET CURRENT ASSETS/(LIABILITIES) 21,638 (6,171 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,970

10,667

PROVISIONS FOR LIABILITIES 12 3,673 3,199
NET ASSETS 37,297 7,468

CAPITAL AND RESERVES
Called up share capital 13 50 50
Retained earnings 37,247 7,418
SHAREHOLDERS' FUNDS 37,297 7,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Mrs C Burchell - Director


J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

J.C. Designs 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements have been rounded to the nearest Pound sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Summary of significant accounting policies
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.

Turnover
Goods and services
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable, services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities.

The company's primary activity is the provision of computer consultancy services. Turnover is recognised over the period the service is provided. Adjustments between accounting periods are shown under work in progress.

The company also sells computer goods. Goods supplied to customers are recognised at the point of delivery when the risks and rewards of ownership are transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance and 10% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation of a tangible fixed assets begins when it is in the location and condition necessary available for the use intended.

Tangible fixed asset depreciation is included in administrative expenses in the Income Statement.

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

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

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.

Research and development
Expenditure on research and development is written off in the year to the Income Statement when it is incurred.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 12 ) .

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 October 2022 42,949 31,818 74,767
Additions 7,137 480 7,617
At 30 September 2023 50,086 32,298 82,384
DEPRECIATION
At 1 October 2022 27,149 30,780 57,929
Charge for year 4,556 567 5,123
At 30 September 2023 31,705 31,347 63,052
NET BOOK VALUE
At 30 September 2023 18,381 951 19,332
At 30 September 2022 15,800 1,038 16,838

6. STOCKS
2023 2022
£    £   
Work-in-progress 7,818 5,304

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 107,171 102,403
Other debtors 100,763 168,407
207,934 270,810

8. CASH AT BANK AND IN HAND
2023 2022
£    £   
Bank deposit account 11 11
Bank current account - 24,226
Cash in hand 95 110
106 24,347

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10) 23,104 -
Trade creditors 91,335 126,590
Taxation and social security 39,650 150,172
Other creditors 40,131 29,870
194,220 306,632

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 23,104 -

11. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdraft 23,104 -

The bank overdraft is secured by a fixed and floating charge over all property and assets present and future with Svenska Handelsbanken AB dated 11 June 2009.

12. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 3,673 3,199

Deferred
tax
£   
Balance at 1 October 2022 3,199
Provided during year 474
Accelerated capital allowances
Balance at 30 September 2023 3,673

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary £1 50 50

J.C. DESIGNS LIMITED (REGISTERED NUMBER: 01597319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

14. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund.

20232022
££

Contributions payable by the company for the year8,3347,106
Contributions payable to the fund at the year end included in other
creditors

(1,798

)


(1,870

)

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the balance sheet date is an amount of £70,724 (2022: £70,350) due from the directors of the company.

Interest of £1,766 (2022: £2,827) has been charged on this loan at the beneficial rate set by HMRC during the year.

16. RELATED PARTY DISCLOSURES

Other related parties

2023 2022
£ £
Purchases from a related party 33,000 33,000
Amounts payable to related party include in trade creditors - 23,144

The amounts shown above concern transactions with J Burchell and C Burchell.

17. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr J Burchell and Mrs C Burchell, who are directors of the company, and between them own 100% of the company's issued share capital.