Company registration number 13224538 (England and Wales)
Just Delivery Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 28 February 2024
PAGES FOR FILING WITH REGISTRAR
Just Delivery Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
Just Delivery Ltd
Statement of Financial Position
as at 28 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
28,822
38,430
Current assets
Debtors
4
39,401
25,278
Cash at bank and in hand
37,511
38,305
76,912
63,583
Creditors: amounts falling due within one year
5
(53,663)
(48,374)
Net current assets
23,249
15,209
Total assets less current liabilities
52,071
53,639
Creditors: amounts falling due after more than one year
6
(25,929)
(39,591)
Provisions for liabilities
(7,206)
(7,302)
Net assets
18,936
6,746
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
18,836
6,646
Total equity
18,936
6,746
Just Delivery Ltd
Statement of Financial Position (continued)
as at 28 February 2024
- 2 -
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her 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.
The financial statements were approved and signed by the director and authorised for issue on 13 November 2024
N Akroyd
Director
Company Registration No. 13224538
Just Delivery Ltd
Notes to the Financial Statements
for the year ended 28 February 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover is recognised on a receipts basis.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Motor vehicles
25% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax is recognised on all timing differences between the carrying amount of of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is then settled or the asset realised, based on the tax rates that have been enacted or substantively enacted by the end of the reporting period.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Just Delivery Ltd
Notes to the Financial Statements (continued)
for the year ended 28 February 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 March 2023 and 28 February 2024
68,320
Depreciation and impairment
At 1 March 2023
29,890
Depreciation charged in the year
9,608
At 28 February 2024
39,498
Carrying amount
At 28 February 2024
28,822
At 28 February 2023
38,430
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
39,401
25,278
5
Creditors: amounts falling due within one year
2024
2023
£
£
Obligations under finance leases
13,662
13,662
Corporation tax
35,904
24,592
Other taxation and social security
2,597
8,601
Other creditors
19
Accruals
1,500
1,500
53,663
48,374
Obligations under finanace leases are secured against the assets to which they relate.
Just Delivery Ltd
Notes to the Financial Statements (continued)
for the year ended 28 February 2024
- 5 -
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Obligations under finance leases
25,929
39,591
Obligations under finanace leases are secured against the assets to which they relate.
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Company information
Just Delivery Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 10 South Royd Avenue, Halifax, West Yorkshire, HX3 0BL.