J F CONSULTANCY (YORK) LIMITED

Company Registration Number:
09382678 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

J F CONSULTANCY (YORK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes

J F CONSULTANCY (YORK) LIMITED

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 246 307
Total fixed assets: 246 307
Current assets
Cash at bank and in hand: 13 480
Total current assets: 13 480
Creditors: amounts falling due within one year: 4 ( 4,476 ) ( 5,116 )
Net current assets (liabilities): (4,463) (4,636)
Total assets less current liabilities: (4,217) ( 4,329)
Creditors: amounts falling due after more than one year: 5 ( 5,554 ) ( 6,484 )
Total net assets (liabilities): (9,771) (10,813)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (9,781 ) (10,823 )
Total Shareholders' funds: ( 9,771 ) (10,813)

The notes form part of these financial statements

J F CONSULTANCY (YORK) LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 January 2025
and signed on behalf of the board by:

Name: J FELLOWS
Status: Director

The notes form part of these financial statements

J F CONSULTANCY (YORK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually when the goods have been delivered to customers such that the risks and rewards of ownership have been 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. If at the balance sheet date completion of the contract is dependent on external factors, then the revenue is recognised only when the event occurs. In such cases direct costs incurred up to the balance sheet date plus an overhead rate are recognised as revenue to the extent that they are recoverable.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets, other than freehold land, over their expected useful lives. The annual rates and methods of depreciation are as follows: Furniture fittings & equipment - 20% reducing balance basis Fixed assets are assessed at each reporting date to determine whether there is any indication that the assets are impaired. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared to its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised in the profit and loss account. The reversal of an impairment loss is recognised immediately in the profit and loss account.

    Other accounting policies

    Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Creditors Short term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

J F CONSULTANCY (YORK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

J F CONSULTANCY (YORK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 1,839 1,839
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 1,839 1,839
Depreciation
At 1 February 2023 1,532 1,532
Charge for year 61 61
On disposals
Other adjustments
At 31 January 2024 1,593 1,593
Net book value
At 31 January 2024 246 246
At 31 January 2023 307 307

J F CONSULTANCY (YORK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 906 906
Trade creditors 690 864
Accruals and deferred income 500 500
Other creditors 2,380 2,846
Total 4,476 5,116

J F CONSULTANCY (YORK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 5,554 6,484
Total 5,554 6,484