REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 21 February 2023 to 29 February 2024 |
for |
JJS Resources Co Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 21 February 2023 to 29 February 2024 |
for |
JJS Resources Co Ltd |
JJS Resources Co Ltd (Registered number: 14679508) |
Contents of the Financial Statements |
for the Period 21 February 2023 to 29 February 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
JJS Resources Co Ltd |
Company Information |
for the Period 21 February 2023 to 29 February 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6a St Andrews Court |
Wellington Street |
Thame |
Oxfordshire |
OX9 3WT |
JJS Resources Co Ltd (Registered number: 14679508) |
Abridged Balance Sheet |
29 February 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
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. |
JJS Resources Co Ltd (Registered number: 14679508) |
Abridged Balance Sheet - continued |
29 February 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
JJS Resources Co Ltd (Registered number: 14679508) |
Notes to the Financial Statements |
for the Period 21 February 2023 to 29 February 2024 |
1. | STATUTORY INFORMATION |
JJS Resources Co Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
At the balance sheet date, the company had net liabilities. However, the directors have loaned funds to the company and are committed to providing continued financial support. The directors therefore considers it appropriate to prepare the accounts on a going concern basis. |
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 |
Plant and machinery etc | - |
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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
JJS Resources Co Ltd (Registered number: 14679508) |
Notes to the Financial Statements - continued |
for the Period 21 February 2023 to 29 February 2024 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 29 February 2024 |
DEPRECIATION |
Charge for period |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |