IRIS Accounts Production v24.3.0.553 07254018 director 1.6.23 31.5.24 31.5.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072540182023-05-31072540182024-05-31072540182023-06-012024-05-31072540182022-05-31072540182022-06-012023-05-31072540182023-05-3107254018ns14:PoundSterling2023-06-012024-05-3107254018ns10:Director12023-06-012024-05-3107254018ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3107254018ns10:SmallEntities2023-06-012024-05-3107254018ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3107254018ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3107254018ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3107254018ns10:FullAccounts2023-06-012024-05-310725401812023-06-012024-05-3107254018ns10:RegisteredOffice2023-06-012024-05-3107254018ns5:CurrentFinancialInstruments2024-05-3107254018ns5:CurrentFinancialInstruments2023-05-3107254018ns5:Non-currentFinancialInstruments2024-05-3107254018ns5:Non-currentFinancialInstruments2023-05-3107254018ns5:ShareCapital2024-05-3107254018ns5:ShareCapital2023-05-3107254018ns5:RetainedEarningsAccumulatedLosses2024-05-3107254018ns5:RetainedEarningsAccumulatedLosses2023-05-3107254018ns5:NetGoodwill2023-06-012024-05-3107254018ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3107254018ns5:PlantMachinery2023-06-012024-05-3107254018ns5:FurnitureFittings2023-06-012024-05-3107254018ns5:MotorVehicles2023-06-012024-05-3107254018ns5:NetGoodwill2023-05-3107254018ns5:NetGoodwill2024-05-3107254018ns5:NetGoodwill2023-05-3107254018ns5:PlantMachinery2023-05-3107254018ns5:FurnitureFittings2023-05-3107254018ns5:MotorVehicles2023-05-3107254018ns5:PlantMachinery2024-05-3107254018ns5:FurnitureFittings2024-05-3107254018ns5:MotorVehicles2024-05-3107254018ns5:PlantMachinery2023-05-3107254018ns5:FurnitureFittings2023-05-3107254018ns5:MotorVehicles2023-05-3107254018ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3107254018ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-05-3107254018ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3107254018ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3107254018ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 07254018















Unaudited Financial Statements for the Year Ended 31 May 2024

for

JJ BV's Limited

JJ BV's Limited (Registered number: 07254018)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JJ BV's Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: B Varsani





REGISTERED OFFICE: Unit 9 Fearnhead Cross
Insall Road
Padgate
Warrington
WA2 0HD





REGISTERED NUMBER: 07254018





ACCOUNTANTS: Account-Angels (North West) Limited
Uglow Farm
Broadhead Road
Edgworth
Bolton
BL7 0JN

JJ BV's Limited (Registered number: 07254018)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,804 23,187
17,804 23,187

CURRENT ASSETS
Stocks 76,538 56,538
Debtors 6 4,033 3,860
Cash at bank and in hand 8,710 32,359
89,281 92,757
CREDITORS
Amounts falling due within one year 7 37,124 22,756
NET CURRENT ASSETS 52,157 70,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,961

93,188

CREDITORS
Amounts falling due after more than
one year

8

52,033

81,377
NET ASSETS 17,928 11,811

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 17,927 11,810
SHAREHOLDERS' FUNDS 17,928 11,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

JJ BV's Limited (Registered number: 07254018)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

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





B Varsani - Director


JJ BV's Limited (Registered number: 07254018)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

JJ BV's Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Equipment - 20% on reducing balance
Fixtures and fittings - 20% 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.


JJ BV's Limited (Registered number: 07254018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

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 year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 25,850
AMORTISATION
At 1 June 2023
and 31 May 2024 25,850
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

JJ BV's Limited (Registered number: 07254018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Equipment fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 24,044 30,037 26,527 80,608
DEPRECIATION
At 1 June 2023 17,265 28,550 11,606 57,421
Charge for year 1,356 297 3,730 5,383
At 31 May 2024 18,621 28,847 15,336 62,804
NET BOOK VALUE
At 31 May 2024 5,423 1,190 11,191 17,804
At 31 May 2023 6,779 1,487 14,921 23,187

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 26,527
DEPRECIATION
At 1 June 2023
and 31 May 2024 6,632
NET BOOK VALUE
At 31 May 2024 19,895
At 31 May 2023 19,895

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 4,033 3,860

JJ BV's Limited (Registered number: 07254018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 26,500 -
Hire purchase contracts 6,724 9,159
Trade creditors - 8,927
Taxation and social security 3,150 3,920
Other creditors 750 750
37,124 22,756

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 52,033 81,377