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REGISTERED NUMBER: 08934077 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

Jonathan Cook Forestry Services Limited

Jonathan Cook Forestry Services Limited (Registered number: 08934077)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Jonathan Cook Forestry Services Limited

Company Information
for the Year Ended 29th February 2024







DIRECTOR: J C Cook





REGISTERED OFFICE: Eckington Fields Farm
Hollands Road
Eckington
Pershore
WR10 3DF





REGISTERED NUMBER: 08934077 (England and Wales)






Jonathan Cook Forestry Services Limited (Registered number: 08934077)

Abridged Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,941,948 1,376,323

CURRENT ASSETS
Stocks 368,650 245,100
Debtors 213,070 200,983
Cash at bank and in hand 195,314 225,198
777,034 671,281
CREDITORS
Amounts falling due within one year 1,853,156 1,283,567
NET CURRENT LIABILITIES (1,076,122 ) (612,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

865,826

764,037

CREDITORS
Amounts falling due after more than one year (43,474 ) (74,154 )

PROVISIONS FOR LIABILITIES (211,789 ) (134,377 )
NET ASSETS 610,563 555,506

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 610,562 555,505
SHAREHOLDERS' FUNDS 610,563 555,506

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29th February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9th September 2024 and were signed by:




J C Cook - Director


Jonathan Cook Forestry Services Limited (Registered number: 08934077)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

Jonathan Cook Forestry Services 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 14 (2023 - 12 ) .

Jonathan Cook Forestry Services Limited (Registered number: 08934077)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st March 2023 1,812,032
Additions 775,486
Disposals (34,868 )
At 29th February 2024 2,552,650
DEPRECIATION
At 1st March 2023 435,709
Charge for year 179,037
Eliminated on disposal (4,044 )
At 29th February 2024 610,702
NET BOOK VALUE
At 29th February 2024 1,941,948
At 28th February 2023 1,376,323

Improvements to property comprise costs relating to workshop and machinery infrastructure constructed on land not owned by the company.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1st March 2023
and 29th February 2024 173,511
DEPRECIATION
At 1st March 2023 27,761
Charge for year 14,575
At 29th February 2024 42,336
NET BOOK VALUE
At 29th February 2024 131,175
At 28th February 2023 145,750

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 24,167 34,167
Hire purchase contracts 49,987 70,667
74,154 104,834

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2023 - £2,000) were paid to the director .