1 December 2022 false No description of principal activity Taxfiler 2024.6 07853911business:PrivateLimitedCompanyLtd2022-12-012023-11-30 078539112022-11-30 078539112022-12-012023-11-30 07853911business:AuditExemptWithAccountantsReport2022-12-012023-11-30 07853911business:FilletedAccounts2022-12-012023-11-30 078539112023-11-30 07853911business:Director12022-12-012023-11-30 07853911business:RegisteredOffice2022-12-012023-11-30 078539112022-11-30 07853911core:WithinOneYear2023-11-30 07853911core:WithinOneYear2022-11-30 07853911core:AfterOneYear2023-11-30 07853911core:AfterOneYear2022-11-30 07853911core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07853911core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07853911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07853911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07853911core:PreviouslyStatedAmount2023-11-30 07853911core:PreviouslyStatedAmount2022-11-30 07853911business:SmallEntities2022-12-012023-11-30 07853911countries:EnglandWales2022-12-012023-11-30 07853911core:MotorVehicles2022-12-012023-11-30 07853911core:FurnitureFittings2022-12-012023-11-30 07853911core:ComputerEquipment2022-12-012023-11-30 07853911core:MotorVehicles2022-11-30 07853911core:FurnitureFittings2022-11-30 07853911core:ComputerEquipment2022-11-30 07853911core:MotorVehicles2023-11-30 07853911core:FurnitureFittings2023-11-30 07853911core:ComputerEquipment2023-11-30 078539112021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07853911 (England and Wales)
JC UNIQUE LTD Unaudited accounts for the year ended 30 November 2023
JC UNIQUE LTD Unaudited accounts Contents
Page
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JC UNIQUE LTD Company Information for the year ended 30 November 2023
Director
Peng CAO
Company Number
07853911 (England and Wales)
Registered Office
JC UNIQUE UNIT 14 PICCADILLY TRADING EST GIDDINGS ROAD MANCHESTER - M1 2NP UNITED KINGDOM
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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JC UNIQUE LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,246 
19,886 
Current assets
Inventories
796,312 
756,212 
Debtors
122,840 
401,803 
Cash at bank and in hand
11,389 
11,247 
930,541 
1,169,262 
Creditors: amounts falling due within one year
(639,751)
(844,879)
Net current assets
290,790 
324,383 
Total assets less current liabilities
311,036 
344,269 
Creditors: amounts falling due after more than one year
(32,499)
(42,500)
Net assets
278,537 
301,769 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
278,535 
301,767 
Shareholders' funds
278,537 
301,769 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 August 2024 and were signed on its behalf by
Peng CAO Director Company Registration No. 07853911
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JC UNIQUE LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
JC UNIQUE LTD is a private company, limited by shares, registered in England and Wales, registration number 07853911. The registered office is JC UNIQUE UNIT 14 PICCADILLY TRADING EST, GIDDINGS ROAD, MANCHESTER, -, M1 2NP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% diminishing balance method.
Fixtures & fittings
20% diminishing balance method.
Computer equipment
25% diminishing balance method.
Government grants
Government grants in relation to job retention scheme and local council authority are credited to profit and loss account, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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JC UNIQUE LTD Notes to the Accounts for the year ended 30 November 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
20,600 
34,499 
2,295 
57,394 
Additions
- 
7,532 
- 
7,532 
At 30 November 2023
20,600 
42,031 
2,295 
64,926 
Depreciation
At 1 December 2022
6,136 
30,546 
826 
37,508 
Charge for the year
2,899 
3,979 
294 
7,172 
At 30 November 2023
9,035 
34,525 
1,120 
44,680 
Net book value
At 30 November 2023
11,565 
7,506 
1,175 
20,246 
At 30 November 2022
14,464 
3,953 
1,469 
19,886 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
112,128 
323,991 
Accrued income and prepayments
10,712 
13,212 
Other debtors
- 
64,600 
122,840 
401,803 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
51,486 
6,314 
VAT
28,012 
76,928 
Trade creditors
447,832 
724,715 
Taxes and social security
5,934 
36,922 
Other creditors
82,474 
- 
Loans from directors
22,463 
- 
Accruals
1,550 
- 
639,751 
844,879 
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JC UNIQUE LTD Notes to the Accounts for the year ended 30 November 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,499 
42,500 
8
Average number of employees
During the year the average number of employees was 10 (2022: 10).
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