IRIS Accounts Production v24.2.0.383 04218517 Board of Directors 1.11.22 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042185172022-10-31042185172023-12-31042185172022-11-012023-12-31042185172021-10-31042185172021-11-012022-10-31042185172022-10-3104218517ns15:EnglandWales2022-11-012023-12-3104218517ns14:PoundSterling2022-11-012023-12-3104218517ns10:Director12022-11-012023-12-3104218517ns10:PrivateLimitedCompanyLtd2022-11-012023-12-3104218517ns10:SmallEntities2022-11-012023-12-3104218517ns10:AuditExempt-NoAccountantsReport2022-11-012023-12-3104218517ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-12-3104218517ns10:SmallCompaniesRegimeForAccounts2022-11-012023-12-3104218517ns10:FullAccounts2022-11-012023-12-3104218517ns10:Director22022-11-012023-12-3104218517ns10:RegisteredOffice2022-11-012023-12-3104218517ns5:CurrentFinancialInstruments2023-12-3104218517ns5:CurrentFinancialInstruments2022-10-3104218517ns5:Non-currentFinancialInstruments2023-12-3104218517ns5:Non-currentFinancialInstruments2022-10-3104218517ns5:ShareCapital2023-12-3104218517ns5:ShareCapital2022-10-3104218517ns5:RetainedEarningsAccumulatedLosses2023-12-3104218517ns5:RetainedEarningsAccumulatedLosses2022-10-3104218517ns5:ShortLeaseholdAssetsns5:LandBuildings2022-11-012023-12-3104218517ns5:PlantMachinery2022-11-012023-12-3104218517ns5:FurnitureFittings2022-11-012023-12-3104218517ns5:MotorVehicles2022-11-012023-12-3104218517ns5:ShortLeaseholdAssetsns5:LandBuildings2022-10-3104218517ns5:PlantMachinery2022-10-3104218517ns5:FurnitureFittings2022-10-3104218517ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3104218517ns5:PlantMachinery2023-12-3104218517ns5:FurnitureFittings2023-12-3104218517ns5:ShortLeaseholdAssetsns5:LandBuildings2022-10-3104218517ns5:PlantMachinery2022-10-3104218517ns5:FurnitureFittings2022-10-3104218517ns5:MotorVehicles2022-10-3104218517ns5:ComputerEquipment2022-10-3104218517ns5:ComputerEquipment2022-11-012023-12-3104218517ns5:MotorVehicles2023-12-3104218517ns5:ComputerEquipment2023-12-3104218517ns5:MotorVehicles2022-10-3104218517ns5:ComputerEquipment2022-10-3104218517ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104218517ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3104218517ns5:CurrentFinancialInstruments2022-11-012023-12-3104218517ns5:AcceleratedTaxDepreciationDeferredTax2023-12-3104218517ns5:AcceleratedTaxDepreciationDeferredTax2022-10-3104218517ns5:TaxLossesCarry-forwardsDeferredTax2023-12-3104218517ns5:TaxLossesCarry-forwardsDeferredTax2022-10-3104218517ns5:DeferredTaxation2022-10-3104218517ns5:DeferredTaxation2022-11-012023-12-3104218517ns5:DeferredTaxation2023-12-31
REGISTERED NUMBER: 04218517 (England and Wales)
















Unaudited Financial Statements

FOR THE PERIOD

1 November 2022 to 31 December 2023

for

JORDAN ANDREWS LIMITED

JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)






Contents of the Financial Statements
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JORDAN ANDREWS LIMITED

Company Information
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 DECEMBER 2023







DIRECTORS: I Stavrinou
S Stavrinou





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 04218517 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)

Statement of Financial Position
31 DECEMBER 2023

31/12/23 31/10/22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 603,733 597,830

CURRENT ASSETS
Stocks and WIP 1,331,164 1,156,184
Debtors 5 81,412 145,775
Cash at bank and in hand 29,064 85,284
1,441,640 1,387,243
CREDITORS
Amounts falling due within one year 6 1,365,119 1,170,346
NET CURRENT ASSETS 76,521 216,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

680,254

814,727

CREDITORS
Amounts falling due after more than one
year

7

(308,211

)

(557,427

)

PROVISIONS FOR LIABILITIES 8 (148,894 ) (67,006 )
NET ASSETS 223,149 190,294

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings 193,149 160,294
SHAREHOLDERS' FUNDS 223,149 190,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)

Statement of Financial Position - 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 Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





S Stavrinou - Director


JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)

Notes to the Financial Statements
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Jordan Andrews 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 (£).


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 sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 10 years
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

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.

JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 19 (2022 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£ £ £
COST
At 1 November 2022 22,344 847,713 238,496
Additions - 80,862 -
At 31 December 2023 22,344 928,575 238,496
DEPRECIATION
At 1 November 2022 12,148 319,867 191,821
Charge for period 2,039 60,962 9,335
At 31 December 2023 14,187 380,829 201,156
NET BOOK VALUE
At 31 December 2023 8,157 547,746 37,340
At 31 October 2022 10,196 527,846 46,675

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 November 2022 165,370 10,940 1,284,863
Additions - - 80,862
At 31 December 2023 165,370 10,940 1,365,725
DEPRECIATION
At 1 November 2022 157,082 6,115 687,033
Charge for period 1,658 965 74,959
At 31 December 2023 158,740 7,080 761,992
NET BOOK VALUE
At 31 December 2023 6,630 3,860 603,733
At 31 October 2022 8,288 4,825 597,830

Short Leasehold is amortised over the term of the lease, being 10 years.

5. DEBTORS
31/12/23 31/10/22
£ £
Amounts falling due within one year:
Trade debtors 53,839 121,659
Other debtors 10,573 7,116
64,412 128,775

JORDAN ANDREWS LIMITED (REGISTERED NUMBER: 04218517)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 DECEMBER 2023

5. DEBTORS - continued
31/12/23 31/10/22
£ £
Amounts falling due after more than one year:
Rent deposit 17,000 17,000

Aggregate amounts 81,412 145,775

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/10/22
£ £
Bank loans and overdrafts 378,369 139,115
Hire purchase contracts 81,287 63,321
Trade creditors 514,825 583,450
Taxation and social security 307,672 154,989
Other creditors 82,966 229,471
1,365,119 1,170,346

The bank facilities are secured by a debenture over the company's assets and personal guarantees by the directors of the company.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/10/22
£ £
Bank loans 173,274 353,150
Hire purchase contracts 80,056 149,396
Other creditors 54,881 54,881
308,211 557,427

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instalments 47,757 83,992

8. PROVISIONS FOR LIABILITIES
31/12/23 31/10/22
£ £
Deferred tax
Accelerated capital allowances 120,924 120,924
Tax losses carried forward 27,970 (53,918 )
148,894 67,006

Deferred tax
£
Balance at 1 November 2022 67,006
Provided during period 81,888
Balance at 31 December 2023 148,894