REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
JSJ CONSULTANCY LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
JSJ CONSULTANCY LIMITED |
JSJ CONSULTANCY LIMITED (REGISTERED NUMBER: 06154827) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
JSJ CONSULTANCY LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Medina House |
2 Station Avenue |
Bridlington |
East Yorkshire |
YO16 4LZ |
JSJ CONSULTANCY LIMITED (REGISTERED NUMBER: 06154827) |
BALANCE SHEET |
30 NOVEMBER 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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 were approved by the Board of Directors and authorised for issue on |
JSJ CONSULTANCY LIMITED (REGISTERED NUMBER: 06154827) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
1. | STATUTORY INFORMATION |
JSJ Consultancy Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have taken the decision to cease operations of the company, after the year end and to liquidate its assets. The financial statements have been prepared on the break up basis. |
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initial at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less an impairment losses in the case of trade debtors. |
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. |
Amounts owed by group undertakings and participating interests |
These amounts are recognised at their transaction price less attributable transaction costs. Management regularly review the recoverability of the amounts. Profitability and the net assets of the borrower are considered by management during their review, as well as projected profitability. Where management consider an amount is not recoverable, provision will be made. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
JSJ CONSULTANCY LIMITED (REGISTERED NUMBER: 06154827) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Amounts owed by group undertakings |
Amounts owed by participating interests | - | 17,402 |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Other loans |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
Directors' current accounts | 817,369 | 1,587,550 |
Accrued expenses |
6. | RELATED PARTY DISCLOSURES |
JSJ Partnership Limited, the parent company is owed £207,475 (2022 - £300,039), by way of an interest free loan, repayable within one year. |
During the year, a loan existed with Eurovision Logistics Limited, an associated company. At the year end the amount due to JSJ Consultancy Limited was £Nil (2022 - £154,503). Interest of £9,092 was received in the year (2022 - £6,061). |
During the year, a loan existed with JSJ Homes Limited, a group company. At the year end the amount due to JSJ Consultancy Limited was £Nil (2022 - £515,193). Interest received in the year was £55,831 (2022 - £68,255). |
During the year, a loan existed with Ellison Wire Products Limited, a group company until 30 November 2023, which has common directors. At the year end the amount due to JSJ Consultancy Limited was £Nil (2022 - £14,825). Interest received in the year was £48,389 (2022 - £73,411). |
During the year, a loan existed with Blink Agency Limited, a company which has common directors. At the year end the amount owed to JSJ Consultancy Limited was £Nil (2022 - £Nil). Interest received in the year was £Nil (2022 - £1,975). |
During the year, a loan existed with Encompass Development Group Limited, a company which has common |
directors. At the year end the amount due to JSJ Consultancy Limited was £Nil (2022 - £2,577). Interest received in the year was £4,344 (2022 - £19,739). |
At the year end, the company owed the director J S Blakey £347,778 (2022 - £661,278), and the director S Hunter £469,591 (2022 - £796,591). Interest was paid on J S Blakey's loan at a rate of 4.00% totalling £11,517 (2022 - £34,027). S Hunter waived his right to interest for the year. |
The company also holds a loan with former director J W White of £120,681, the balance as of 30 November 2023 is held within other creditors. (2022 - Director's loan balance : £129,681). |
7. | ULTIMATE CONTROLLING PARTY |
The company is a wholly owned subsidiary of JSJ Partnership Limited, the parent company, registered in England and Wales under the company number 06677847, whose registered address is the same as the company. |