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REGISTERED NUMBER: 06396462 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

G&P JOHNSON LIMITED

G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G&P JOHNSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: G Johnson
Mrs P Johnson





SECRETARY: Mrs P Johnson





REGISTERED OFFICE: Classic House
Morrison Road Industrial Estate
Stanley
Co. Durham
DH9 7RX





REGISTERED NUMBER: 06396462 (England and Wales)






G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 310 310
Tangible assets 5 200,762 200,762
201,072 201,072

CURRENT ASSETS
Debtors 6 153,786 153,786
Cash at bank 6,201 6,201
159,987 159,987
CREDITORS
Amounts falling due within one year 7 226,616 226,616
NET CURRENT LIABILITIES (66,629 ) (66,629 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,443

134,443

CREDITORS
Amounts falling due after more than
one year

8

(99,530

)

(99,530

)

PROVISIONS FOR LIABILITIES (32,244 ) (32,244 )
NET ASSETS 2,669 2,669

G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

BALANCE SHEET - continued
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,669 1,669
SHAREHOLDERS' FUNDS 2,669 2,669

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

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

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 21 October 2024 and were signed on its behalf by:




G Johnson - Director



Mrs P Johnson - Director


G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

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


1. STATUTORY INFORMATION

G&P Johnson 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

The above goodwill purchased in 2008 and originally being written off over 20 years will now be written off over the next 5 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

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.


G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

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


2. ACCOUNTING POLICIES - continued
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.

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 31 (2022 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 19,200
AMORTISATION
At 1 September 2022
and 31 August 2023 18,890
NET BOOK VALUE
At 31 August 2023 310
At 31 August 2022 310

G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

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


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 537,441
DEPRECIATION
At 1 September 2022
and 31 August 2023 336,679
NET BOOK VALUE
At 31 August 2023 200,762
At 31 August 2022 200,762

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,491 28,491
Other debtors 125,295 125,295
153,786 153,786

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 20,435 20,435
Hire purchase contracts 34,048 34,048
Trade creditors 31,393 31,393
Taxation and social security 106,120 106,120
Other creditors 34,620 34,620
226,616 226,616

G&P JOHNSON LIMITED (REGISTERED NUMBER: 06396462)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 31,915 31,915
Hire purchase contracts 67,615 67,615
99,530 99,530

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
G Johnson and Mrs P Johnson
Balance outstanding at start of year 93,574 69,180
Amounts advanced - 174,177
Amounts repaid - (149,783 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 93,574 93,574

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G. Johnson & Mrs P. Johnson.