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REGISTERED NUMBER: 04684493 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

J. K. Filters Limited

J. K. Filters Limited (Registered number: 04684493)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

J. K. Filters Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Fuller
Miss T S Dynes





SECRETARY: Miss T S Dynes





REGISTERED OFFICE: 16 Dalby Avenue
Bushby
Leicester
Leicestershire
LE7 9RD





REGISTERED NUMBER: 04684493 (England and Wales)





ACCOUNTANTS: RT Accountancy Services Limited
3 Fernleigh Business Park
Blaby Road
Enderby
Leicester
Leicestershire
LE19 4AQ

J. K. Filters Limited (Registered number: 04684493)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 47,098 54,347

CURRENT ASSETS
Stocks 5 38,000 28,700
Debtors 6 307,348 160,592
Cash at bank 4,123 2,106
349,471 191,398
CREDITORS
Amounts falling due within one year 7 (217,216 ) (129,116 )
NET CURRENT ASSETS 132,255 62,282
TOTAL ASSETS LESS CURRENT
LIABILITIES

179,353

116,629

CREDITORS
Amounts falling due after more than one
year

8

(11,667

)

(21,667

)

PROVISIONS FOR LIABILITIES (10,955 ) (10,326 )
NET ASSETS 156,731 84,636

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 156,711 84,616
SHAREHOLDERS' FUNDS 156,731 84,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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. K. Filters Limited (Registered number: 04684493)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





S Fuller - Director


J. K. Filters Limited (Registered number: 04684493)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

J. K. Filters 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.
Tools and equipment - 15% on reducing balance
Fixtures and office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

J. K. Filters Limited (Registered number: 04684493)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Improvements and
to Tools and office Motor
property equipment equipment vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 1,150 8,253 29,323 147,772 186,498
Additions - 3,035 4,136 - 7,171
At 31 March 2024 1,150 11,288 33,459 147,772 193,669
DEPRECIATION
At 1 April 2023 - 6,316 23,489 102,346 132,151
Charge for year - 746 2,318 11,356 14,420
At 31 March 2024 - 7,062 25,807 113,702 146,571
NET BOOK VALUE
At 31 March 2024 1,150 4,226 7,652 34,070 47,098
At 31 March 2023 1,150 1,937 5,834 45,426 54,347

5. STOCKS
2024 2023
£    £   
Stocks 38,000 28,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 296,249 149,709
Other debtors 11,099 10,883
307,348 160,592

J. K. Filters Limited (Registered number: 04684493)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 133,266 99,582
Taxation and social security 71,008 16,742
Other creditors 2,942 2,792
217,216 129,116

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 11,667 21,667

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
S Fuller
Balance outstanding at start of year 4,973 4,973
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,973 4,973

Miss T S Dynes
Balance outstanding at start of year 4,973 4,973
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,973 4,973

J. K. Filters Limited

Report of the Accountants to the Directors of
J. K. Filters Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






RT Accountancy Services Limited
3 Fernleigh Business Park
Blaby Road
Enderby
Leicester
Leicestershire
LE19 4AQ


23 September 2024