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REGISTERED NUMBER: 07175896 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Jaques Int Ltd

Jaques Int Ltd (Registered number: 07175896)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jaques Int Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S A Jaques
C L Jaques
G L Jaques



REGISTERED OFFICE: The Old Hatchery
Shobdon Court
Shobdon
Leominster
Herefordshire
HR6 9LZ



REGISTERED NUMBER: 07175896 (England and Wales)



ACCOUNTANTS: Housego Accountancy & Taxation Ltd.
Office 10
Broadaxe Business Park
Presteigne
Powys
LD8 2UH



BANKERS: HSBC Bank plc
The Cross
1 Broad Street
Newtown
Powys
SY16 2LX

Jaques Int Ltd (Registered number: 07175896)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 577,003 578,728

CURRENT ASSETS
Stocks 398,266 330,050
Debtors 5 313,031 849,618
Cash at bank and in hand 155,708 278,219
867,005 1,457,887
CREDITORS
Amounts falling due within one year 6 722,377 1,173,133
NET CURRENT ASSETS 144,628 284,754
TOTAL ASSETS LESS CURRENT
LIABILITIES

721,631

863,482

CREDITORS
Amounts falling due after more than one
year

7

(126,477

)

(154,778

)

PROVISIONS FOR LIABILITIES (44,598 ) (42,272 )
NET ASSETS 550,556 666,432

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 550,456 666,332
550,556 666,432

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Jaques Int Ltd (Registered number: 07175896)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by:





S A Jaques - Director


Jaques Int Ltd (Registered number: 07175896)

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

1. STATUTORY INFORMATION

Jaques Int Ltd 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.
Short leasehold - 5% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Jaques Int Ltd (Registered number: 07175896)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 38 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 April 2023 311,743 41,091 889,248
Additions - - 69,833
Disposals - - (15,000 )
At 31 March 2024 311,743 41,091 944,081
DEPRECIATION
At 1 April 2023 - 8,951 691,118
Charge for year - 1,608 66,103
Eliminated on disposal - - (11,440 )
At 31 March 2024 - 10,559 745,781
NET BOOK VALUE
At 31 March 2024 311,743 30,532 198,300
At 31 March 2023 311,743 32,140 198,130

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 34,826 49,244 1,326,152
Additions 454 7,077 77,364
Disposals - - (15,000 )
At 31 March 2024 35,280 56,321 1,388,516
DEPRECIATION
At 1 April 2023 14,656 32,699 747,424
Charge for year 3,094 4,724 75,529
Eliminated on disposal - - (11,440 )
At 31 March 2024 17,750 37,423 811,513
NET BOOK VALUE
At 31 March 2024 17,530 18,898 577,003
At 31 March 2023 20,170 16,545 578,728

Jaques Int Ltd (Registered number: 07175896)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 291,933 837,907
Other debtors 21,098 11,711
313,031 849,618

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 73,118 66,846
Hire purchase contracts 62,164 58,674
Trade creditors 377,265 512,646
Taxation and social security 126,055 208,123
Other creditors 83,775 326,844
722,377 1,173,133

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 78,417 84,191
Hire purchase contracts 48,060 70,587
126,477 154,778

8. RELATED PARTY DISCLOSURES

A Company Director, with a controlling party shareholding, has significant influence over DS Fabrications Ltd (04692032). The Other Debtors balance for the Year Ending 31 March 2024, £21,098, includes a balance due from DS Fabrications Ltd of £3,505
For the Year Ending 31 March 2023 the Other Debtors balance, £11,711, included a balance due from DS Fabrications Ltd of £2,095.