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REGISTERED NUMBER: 05236805 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

JACKSONS LEISURE SUPPLIES LIMITED

JACKSONS LEISURE SUPPLIES LIMITED (REGISTERED NUMBER: 05236805)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

JACKSONS LEISURE SUPPLIES LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J F Jackson





SECRETARY: Mrs B Jackson





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Court House Road
Bromborough
Wirral
CH62 4UE





REGISTERED NUMBER: 05236805 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

JACKSONS LEISURE SUPPLIES LIMITED (REGISTERED NUMBER: 05236805)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 615,468 329,798
615,468 329,798

CURRENT ASSETS
Stocks 1,308,835 2,785,512
Debtors 6 795,142 411,456
Cash at bank and in hand 2,428,739 1,533,390
4,532,716 4,730,358
CREDITORS
Amounts falling due within one year 7 950,781 1,155,702
NET CURRENT ASSETS 3,581,935 3,574,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,197,403

3,904,454

CREDITORS
Amounts falling due after more than one
year

8

(88,889

)

(46,975

)

PROVISIONS FOR LIABILITIES (61,147 ) (5,616 )
NET ASSETS 4,047,367 3,851,863

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 4,047,267 3,851,763
SHAREHOLDERS' FUNDS 4,047,367 3,851,863

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:



J F Jackson - Director


JACKSONS LEISURE SUPPLIES LIMITED (REGISTERED NUMBER: 05236805)

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

1. STATUTORY INFORMATION

JACKSONS LEISURE SUPPLIES 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.

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.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 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 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 29 (2023 - 30 ) .

JACKSONS LEISURE SUPPLIES LIMITED (REGISTERED NUMBER: 05236805)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 30,000
AMORTISATION
At 1 February 2023
and 31 January 2024 30,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2023 379,914 12,898 39,780
Additions - 2,470 12,916
At 31 January 2024 379,914 15,368 52,696
DEPRECIATION
At 1 February 2023 79,671 12,893 32,269
Charge for year 6,599 618 7,059
At 31 January 2024 86,270 13,511 39,328
NET BOOK VALUE
At 31 January 2024 293,644 1,857 13,368
At 31 January 2023 300,243 5 7,511

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 29,368 11,971 473,931
Additions 360,387 - 375,773
At 31 January 2024 389,755 11,971 849,704
DEPRECIATION
At 1 February 2023 7,342 11,958 144,133
Charge for year 75,827 - 90,103
At 31 January 2024 83,169 11,958 234,236
NET BOOK VALUE
At 31 January 2024 306,586 13 615,468
At 31 January 2023 22,026 13 329,798

Included in cost of land and buildings is freehold land of £ 50,000 (2023 - £ 50,000 ) which is not depreciated.

JACKSONS LEISURE SUPPLIES LIMITED (REGISTERED NUMBER: 05236805)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 19,740 83,317
Other debtors 775,402 328,139
795,142 411,456

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 789,399 881,845
Taxation and social security 155,950 267,261
Other creditors 5,432 6,596
950,781 1,155,702

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 88,889 46,975

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 February 2023 3,851,763
Profit for the year 266,504
Dividends (71,000 )
At 31 January 2024 4,047,267

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount owing to Mr J F Jackson, the director of the company of £88,889 (2023 £46,975)

12. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr J F and Mrs B Jackson.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
JACKSONS LEISURE SUPPLIES LIMITED

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JACKSONS LEISURE SUPPLIES LIMITED for the year ended 31 January 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of JACKSONS LEISURE SUPPLIES LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JACKSONS LEISURE SUPPLIES LIMITED and state those matters that we have agreed to state to the director of JACKSONS LEISURE SUPPLIES LIMITED in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JACKSONS LEISURE SUPPLIES LIMITED and its director for our work or for this report.

It is your duty to ensure that JACKSONS LEISURE SUPPLIES LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JACKSONS LEISURE SUPPLIES LIMITED. You consider that JACKSONS LEISURE SUPPLIES LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JACKSONS LEISURE SUPPLIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


28 October 2024