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REGISTERED NUMBER: 04627803 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

JUSKO LTD

JUSKO LTD (REGISTERED NUMBER: 04627803)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance sheet 1

Notes to the financial statements 3


JUSKO LTD (REGISTERED NUMBER: 04627803)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 4,941 4,315

Current assets
Stocks 350 150
Debtors 5 825 1,382
Cash at bank 46,438 58,633
47,613 60,165
Creditors
Amounts falling due within one year 6 25,192 25,727
Net current assets 22,421 34,438
Total assets less current liabilities 27,362 38,753

Creditors
Amounts falling due after more than one year 7 (15,834 ) (25,833 )

Provisions for liabilities 8 (939 ) (820 )
Net assets 10,589 12,100

Capital and reserves
Called up share capital 9 2 2
Retained earnings 10,587 12,098
Shareholders' funds 10,589 12,100

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 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.

JUSKO LTD (REGISTERED NUMBER: 04627803)

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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2024 and were signed by:





Mr K McKernon - Director


JUSKO LTD (REGISTERED NUMBER: 04627803)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. Statutory information

Jusko Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04627803. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 4 Heath Road, Hordle, Lymington, Hants, SO41 0GG.

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 amounts receivable, excluding value added tax, in respect of carpentry and building services provided in the ordinary course of business. Turnover is recognised when the service has been 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

JUSKO LTD (REGISTERED NUMBER: 04627803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 2,917 645 20,568 3,098 27,228
Additions - - - 2,404 2,404
Disposals (1,053 ) - - - (1,053 )
At 31 March 2024 1,864 645 20,568 5,502 28,579
Depreciation
At 1 April 2023 1,983 578 18,509 1,843 22,913
Charge for year 200 16 515 915 1,646
Eliminated on disposal (921 ) - - - (921 )
At 31 March 2024 1,262 594 19,024 2,758 23,638
Net book value
At 31 March 2024 602 51 1,544 2,744 4,941
At 31 March 2023 934 67 2,059 1,255 4,315

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors - 529
VAT 297 397
Prepayments and accrued income 528 456
825 1,382

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 347 446
Tax 9,640 10,350
Social security and other taxes 1,500 676
Directors' current accounts 1,752 2,262
Accruals and deferred income 1,953 1,993
25,192 25,727

JUSKO LTD (REGISTERED NUMBER: 04627803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 5,834 15,833
15,834 25,833

8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 939 820

Deferred
tax
£   
Balance at 1 April 2023 820
Provided during year 119
Balance at 31 March 2024 939

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary 1p 2 2
1 'A' Ordinary 1p - -
2 2

10. Ultimate controlling party

The director Mr K McKernon holds 51% of the share capital and is therefore deemed to have ultimate control of the company.