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REGISTERED NUMBER: 06573889 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

N.j.products Ltd

N.j.products Ltd (Registered number: 06573889)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N.j.products Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M Matejczuk
A Tomlinson





SECRETARY:





REGISTERED OFFICE: Unit 5
Oakwell Court
Oakwell Way
Birstall
West Yorkshire
WF17 9LU





REGISTERED NUMBER: 06573889 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House C/O Isaacs
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

N.j.products Ltd (Registered number: 06573889)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,872 33,976

CURRENT ASSETS
Stocks 156,626 141,652
Debtors 5 119,984 104,954
Cash at bank and in hand 4,400 9,274
281,010 255,880
CREDITORS
Amounts falling due within one year 6 401,040 362,493
NET CURRENT LIABILITIES (120,030 ) (106,613 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(91,158

)

(72,637

)

CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Retained earnings (131,158 ) (112,637 )
(91,158 ) (72,637 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 27 January 2025 and were signed on its behalf by:



M Matejczuk - Director


N.j.products Ltd (Registered number: 06573889)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

N.j.products 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.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance, 20% on reducing balance and 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.

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 7 (2023 - 7 ) .

N.j.products Ltd (Registered number: 06573889)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 21,529 71,415 92,944
DEPRECIATION
At 1 May 2023 5,857 53,111 58,968
Charge for year 430 4,674 5,104
At 30 April 2024 6,287 57,785 64,072
NET BOOK VALUE
At 30 April 2024 15,242 13,630 28,872
At 30 April 2023 15,672 18,304 33,976

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 83,189 79,892
Other debtors 36,795 25,062
119,984 104,954

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 78,070 120,010
Hire purchase contracts 12,698 16,708
Trade creditors 133,549 112,849
Taxation and social security 41,449 30,944
Other creditors 135,274 81,982
401,040 362,493