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REGISTERED NUMBER: 11211968 (England and Wales)












Unaudited Financial Statements

for the Year Ended 28 February 2024

for

Just The Job Supplies Ltd

Just The Job Supplies Ltd (Registered number: 11211968)






Contents of the Financial Statements
for the year ended 28 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Just The Job Supplies Ltd

Company Information
for the year ended 28 February 2024







DIRECTOR: R E Beech





REGISTERED OFFICE: Unit 3 Cotton Farm
Middlewich Road
Holmes Chapel
Cheshire
CW4 7ET





REGISTERED NUMBER: 11211968 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Just The Job Supplies Ltd (Registered number: 11211968)

Statement of Financial Position
28 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,582 4,932

CURRENT ASSETS
Stocks 70,000 60,250
Debtors 6 18,113 9,038
Cash at bank and in hand 80,504 26,966
168,617 96,254
CREDITORS
Amounts falling due within one year 7 101,353 59,627
NET CURRENT ASSETS 67,264 36,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,846

41,559

CREDITORS
Amounts falling due after more than one year 8 (30,740 ) (36,167 )

PROVISIONS FOR LIABILITIES 10 (1,377 ) -
NET ASSETS 40,729 5,392

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,629 5,292
40,729 5,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

Just The Job Supplies Ltd (Registered number: 11211968)

Statement of Financial Position - continued
28 February 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





R E Beech - Director


Just The Job Supplies Ltd (Registered number: 11211968)

Notes to the Financial Statements
for the year ended 28 February 2024

1. STATUTORY INFORMATION

Just The Job Supplies Ltd ('The Company') is primarily engaged in the sale of building supplies.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and registered office is Unit 3 Cotton Court, Middlewich Road, Holmes Chapel, Cheshire, CW4 7ET. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No other material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director.

On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Just The Job Supplies Ltd (Registered number: 11211968)

Notes to the Financial Statements - continued
for the year ended 28 February 2024

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives. Assets are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount.

Computer equipment- 33% on cost
Fixtures and fittings- 25% reducing balance
Plant and machinery- 25% reducing balance

The residual values and useful lives of assets are reviewed and adjusted if appropriate at each statement of financial position date.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Cost includes all costs of purchase and also other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out basis.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income, 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 year end.


Just The Job Supplies Ltd (Registered number: 11211968)

Notes to the Financial Statements - continued
for the year ended 28 February 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year end.

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.

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.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset maybe impaired at each year end. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 1,083 6,645 2,883 10,611
Additions 208 1,621 840 2,669
At 28 February 2024 1,291 8,266 3,723 13,280
DEPRECIATION
At 1 March 2023 271 2,590 2,818 5,679
Charge for year 255 1,419 345 2,019
At 28 February 2024 526 4,009 3,163 7,698
NET BOOK VALUE
At 28 February 2024 765 4,257 560 5,582
At 28 February 2023 812 4,055 65 4,932

Just The Job Supplies Ltd (Registered number: 11211968)

Notes to the Financial Statements - continued
for the year ended 28 February 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,570 606
Other debtors 16,543 8,432
18,113 9,038

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,430 6,430
Trade creditors 45,061 37,913
Taxation and social security 31,509 10,940
Other creditors 18,353 4,344
101,353 59,627

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 30,740 36,167

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,020 10,447

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 31,100 31,100
Between one and five years 31,100 62,200
62,200 93,300

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,377 -

Just The Job Supplies Ltd (Registered number: 11211968)

Notes to the Financial Statements - continued
for the year ended 28 February 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Charge to Income Statement during year 1,377
Balance at 28 February 2024 1,377