Company registration number 04761703 (England and Wales)
JUST CHECKING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
JUST CHECKING LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
JUST CHECKING LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JUST CHECKING LTD FOR THE YEAR ENDED 31 MAY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Just Checking Ltd for the year ended 31 May 2024 which comprise, the balance sheet 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 at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Just Checking Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Just Checking Ltd and state those matters that we have agreed to state to the board of directors of Just Checking Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Just Checking Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Just Checking Ltd 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 Just Checking Ltd. You consider that Just Checking Ltd 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 Just Checking Ltd. 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.
Ormerod Rutter Limited
5 September 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
JUST CHECKING LTD
BALANCE SHEET
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
55,445
45,777
Current assets
Stocks
611,566
543,689
Debtors
4
405,325
518,977
Cash at bank and in hand
279,921
131,441
1,296,812
1,194,107
Creditors: amounts falling due within one year
5
(1,213,295)
(1,108,094)
Net current assets
83,517
86,013
Total assets less current liabilities
138,962
131,790
Provisions for liabilities
6
(3,488)
Net assets
138,962
128,302
Capital and reserves
Called up share capital
7
1,146
1,146
Share premium account
25,833
25,833
Profit and loss reserves
111,983
101,323
Total equity
138,962
128,302
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
JUST CHECKING LTD
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 5 September 2024 and are signed on its behalf by:
Mr S D Price
Director
Company registration number 04761703 (England and Wales)
JUST CHECKING LTD
BALANCE SHEET (CONTINUED)
- 4 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
20
19
2
Intangible fixed assets
Development Costs
£
Cost
At 1 June 2023 and 31 May 2024
169,474
Amortisation and impairment
At 1 June 2023 and 31 May 2024
169,474
Carrying amount
At 31 May 2024
At 31 May 2023
3
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 June 2023
11,032
27,218
71,022
49,990
159,262
Additions
1,207
6,674
54,090
61,971
Disposals
(49,990)
(49,990)
At 31 May 2024
11,032
28,425
77,696
54,090
171,243
Depreciation and impairment
At 1 June 2023
9,730
25,591
58,168
19,996
113,485
Depreciation charged in the year
649
1,377
9,465
10,818
22,309
Eliminated in respect of disposals
(19,996)
(19,996)
At 31 May 2024
10,379
26,968
67,633
10,818
115,798
Carrying amount
At 31 May 2024
653
1,457
10,063
43,272
55,445
At 31 May 2023
1,302
1,627
12,854
29,994
45,777
JUST CHECKING LTD
BALANCE SHEET (CONTINUED)
- 5 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
314,108
490,686
Other debtors
24,676
28,291
338,784
518,977
Deferred tax asset
66,541
405,325
518,977
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
85,013
63,628
Amounts owed to group undertakings
227,549
245,967
Taxation and social security
96,671
131,502
Other creditors
804,062
666,997
1,213,295
1,108,094
6
Provisions for liabilities
2024
2023
£
£
Deferred tax liabilities
3,488
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1,146
1,146
1,146
1,146
8
Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions.
JUST CHECKING LTD
BALANCE SHEET (CONTINUED)
- 6 -
9
Control
Ultimate parent company
The ultimate parent company is Eureka Momentum Limited, a company registered in England and Wales.
Ultimate controlling party
The ultimate controlling party is Mr S D Price and Mrs C C Price, by virtue of their controlling interest in the ultimate parent company.