Registered Number:08042123 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Junction 9 Network Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Junction 9 Network Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
4,124
3,376
3
4,124
3,376
Trade and other receivables |
23,936
22,369
4
74,753
Cash and cash equivalents |
136,879
159,248
98,689
Trade and other payables: amounts falling due within one |
year |
(44,812)
(81,016)
5
53,877
78,232
Net current assets
Total assets less current liabilities |
82,356
57,253
(1,031)
(844)
Provisions for liabilities |
81,325
Net assets
56,409
102
102
81,223
56,307
81,325
56,409
Shareholders' funds
For the year ended 30 April 2024 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 30 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Junction 9 Network Ltd
Notes to the Financial Statements
Statutory Information
Junction 9 Network Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08042123. |
Parkgate House Ickleton Road
Elmdon
Saffron Walden
Essex
CB11 4LT
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. |
The financial statements have been prepared under the historical costs convention. The principal accounting policies |
adopted are set out below. |
Revenue recognition
Turnover is measured at the fair value of the consideration received, excluding value added tax.
Intangible assets
Acquired goodwill is written off in equal annual instalments over its useful economic life.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures, Fittings and Equip
Computer Equipment
Photographic equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 April 2024
Junction 9 Network Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
10,000
10,000
10,000
10,000
-
-
3. Property, plant and equipment |
Fixtures, |
Fittings and |
Equip |
30,355
13,302
17,053
-
2,899
275
-
2,624
2,624
17,053
13,577
33,254
Provision for depreciation and impairment |
26,979
11,742
15,237
-
Charge for year
2,151
890
605
656
29,130
12,632
15,842
656
1,968
1,211
945
4,124
-
1,816
1,560
3,376
4. Trade and other receivables |
2023
2024
22,369
21,344
-
2,592
23,936
22,369
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For the year ended 30 April 2024
Junction 9 Network Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
8,082
8,303
Taxation and social security |
31,040
20,163
41,894
16,346
81,016
44,812
6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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