Company registration number: 10236020
Unaudited financial statements
for the year ended 30 June 2024
for
Judge Limited
Pages for filing with the Registrar
Company registration number: 10236020
Judge Limited
Balance sheet
as at 30 June 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 13,920 16,370
13,920 16,370
Current assets
Stocks 2,000 2,000
Debtors 6,884 5,772
Cash at bank and in hand 49,013 53,843
57,897 61,615
Creditors: amounts falling due within one
year
(13,733) (12,762)
Net current assets 44,164 48,853
Total assets less current liabilities 58,084 65,223
NET ASSETS 58,084 65,223
Capital and reserves
Called up share capital 2 2
Profit and loss account 58,082 65,221
TOTAL EQUITY 58,084 65,223
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10236020
Judge Limited
Balance sheet - continued
as at 30 June 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 September 2024 and signed on its behalf by:
Mr D Judge, Director
27 September 2024
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Judge Limited
Notes to the financial statements
for the year ended 30 June 2024
1 Company information
Judge Limited is a private company registered in England and Wales. Its registered number is 10236020. The company is limited by shares. Its registered office is 64 Church Lane, Dore, Sheffield, South Yorkshire, S17 3GS.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and Equipment - 15% reducing balance
Fixtures and Fittings - 15% 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.
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Judge Limited
Notes to the financial statements - continued
for the year ended 30 June 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or lossover the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 11 (2023 - 11).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 July 2023 46,302
At 30 June 2024 46,302
Depreciation
At 1 July 2023 29,932
Charge for year 2,450
At 30 June 2024 32,382
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Judge Limited
Notes to the financial statements - continued
for the year ended 30 June 2024
4 Tangible fixed assets - continued
Net book value
At 30 June 2024 13,920
At 30 June 2023 16,370
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