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Company Registration No. 09042796 (England and Wales)
JKN Surveys Limited Unaudited accounts for the year ended 31 May 2024
JKN Surveys Limited Unaudited accounts Contents
Page
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JKN Surveys Limited Company Information for the year ended 31 May 2024
Director
Mr N Jenkinson
Company Number
09042796 (England and Wales)
Registered Office
6 VINE STREET LINCOLN LINCOLNSHIRE LN2 5HZ
Accountants
Kate Dodd Accounting Services 4 Warren Lane Witham St Hughs Lincoln LN6 9US
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JKN Surveys Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,424 
4,679 
Current assets
Debtors
25,334 
26,116 
Cash at bank and in hand
129,553 
96,125 
154,887 
122,241 
Creditors: amounts falling due within one year
(48,391)
(62,867)
Net current assets
106,496 
59,374 
Total assets less current liabilities
115,920 
64,053 
Provisions for liabilities
Deferred tax
(2,356)
- 
Net assets
113,564 
64,053 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
113,464 
63,953 
Shareholders' funds
113,564 
64,053 
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2025 and were signed on its behalf by
Mr N Jenkinson Director Company Registration No. 09042796
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JKN Surveys Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
JKN Surveys Limited is a private company, limited by shares, registered in England and Wales, registration number 09042796. The registered office is 6 VINE STREET, LINCOLN, LINCOLNSHIRE, LN2 5HZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25
Motor vehicles
25
Computer equipment
33
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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JKN Surveys Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
10,000 
19,930 
1,484 
31,414 
Additions
10,784 
- 
1,966 
12,750 
Disposals
(10,000)
- 
(2,370)
(12,370)
At 31 May 2024
10,784 
19,930 
1,080 
31,794 
Depreciation
At 1 June 2023
6,836 
18,415 
1,484 
26,735 
Charge for the year
2,696 
379 
100 
3,175 
On disposals
(6,836)
- 
(704)
(7,540)
At 31 May 2024
2,696 
18,794 
880 
22,370 
Net book value
At 31 May 2024
8,088 
1,136 
200 
9,424 
At 31 May 2023
3,164 
1,515 
- 
4,679 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,430 
Accrued income and prepayments
1,217 
1,051 
Other debtors
24,117 
23,635 
25,334 
26,116 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
12,519 
11,475 
Loans from directors
34,421 
50,692 
Accruals
1,451 
700 
48,391 
62,867 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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