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REGISTERED NUMBER: 05391953 (England and Wales)











Financial Statements

for the Year Ended 31 March 2024

for

JD Collectables Limited

JD Collectables Limited (Registered number: 05391953)






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


JD Collectables Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D W Watters
Ms J H Lester





SECRETARY: Ms J H Lester





REGISTERED OFFICE: Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY





REGISTERED NUMBER: 05391953 (England and Wales)





ACCOUNTANTS: J & C Accountants Ltd
Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY

JD Collectables Limited (Registered number: 05391953)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,836 1,359

CURRENT ASSETS
Stocks 25,153 27,473
Debtors 5 - 955
Cash at bank 1,231 1,100
26,384 29,528
CREDITORS
Amounts falling due within one year 6 29,582 29,725
NET CURRENT LIABILITIES (3,198 ) (197 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,362 ) 1,162

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,363 ) 1,161
SHAREHOLDERS' FUNDS (1,362 ) 1,162

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.

JD Collectables Limited (Registered number: 05391953)

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 16 December 2024 and were signed on its behalf by:





D W Watters - Director


JD Collectables Limited (Registered number: 05391953)

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

1. STATUTORY INFORMATION

JD Collectables Limited is a private company, limited by shares, registered in England and Wales. The registered number is 05391953. The registered office address is Wyvols Court, Basingstoke Road, Swallowfield, Reading, Berkshire, RG7 1WY. The business address is 31 Bridle Path, Woodcote, Reading, Berkshire, RG8 0SE.

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 and value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% 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.


JD Collectables Limited (Registered number: 05391953)

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

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 1,993 749 2,742
Additions - 800 800
At 31 March 2024 1,993 1,549 3,542
DEPRECIATION
At 1 April 2023 1,383 - 1,383
Charge for year 91 232 323
At 31 March 2024 1,474 232 1,706
NET BOOK VALUE
At 31 March 2024 519 1,317 1,836
At 31 March 2023 610 749 1,359

JD Collectables Limited (Registered number: 05391953)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax - 955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,255 174
Other creditors 28,327 29,551
29,582 29,725