Registration number:
Norman Jackson (Flixborough) Limited
for the Year Ended 30 September 2024
Norman Jackson (Flixborough) Limited
Contents
Company Information |
|
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
Norman Jackson (Flixborough) Limited
Company Information
Directors |
J B Jackson J F Jackson |
Company secretary |
J B Jackson |
Registered office |
|
Bankers |
|
Norman Jackson (Flixborough) Limited
(Registration number: 00668862)
Balance Sheet as at 30 September 2024
Note |
2024 |
2023 |
|
Fixed assets |
|||
Tangible assets |
|
|
|
Other financial assets |
15 |
15 |
|
|
|
||
Current assets |
|||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current liabilities |
( |
( |
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Share premium reserve |
|
|
|
Capital redemption reserve |
|
|
|
Revaluation reserve |
|
|
|
Retained earnings |
|
( |
|
Shareholders' funds |
|
|
For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
Norman Jackson (Flixborough) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
General information |
The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 00668862.
The address of its registered office is:
These financial statements cover the individual entity Norman Jackson (Flixborough) Limited.
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements have been prepared in sterling and are rounded to the nearest pound.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Norman Jackson (Flixborough) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
Tax
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Land and buildings |
Nil |
Stocks
The basis of valuation is as follows:
Raw materials and consumables are stated at the lower of cost or net realisable value.
Tenantright is calculated by a combination of actual costs incurred and standard costs.
Produce on hand is valued at cost of production.
The basis of valuation is consistent with previous years.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the Company (including Directors) during the year, was
Norman Jackson (Flixborough) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
Tangible assets |
Land and buildings |
Total |
|
Cost or valuation |
||
At 1 October 2023 |
|
|
At 30 September 2024 |
|
|
Depreciation |
||
Carrying amount |
||
At 30 September 2024 |
|
|
At 30 September 2023 |
|
|
Revaluation
The fair value of the company's land and buildings was revalued on 30 September 2019. An independent valuer was not involved.
If land and buildings had not been revalued they would have been included at the following historical cost:
2024 |
2023 |
|||
£ |
£ |
|||
Historical cost |
1,617,999 |
1,617,999 |
||
Aggregate depreciation |
1,053,314 |
988,594 |
||
Carrying value |
564,685 |
629,405 |
Norman Jackson (Flixborough) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
Other financial assets (current and non-current) |
Other investments |
Total |
|
Non-current financial assets |
||
Cost or valuation |
||
At 1 October 2023 |
15 |
15 |
At 30 September 2024 |
15 |
15 |
Impairment |
||
Carrying amount |
||
At 30 September 2024 |
|
15 |
Stocks |
2024 |
2023 |
|
Raw materials and consumables |
|
|
Work in progress |
|
|
Finished goods and goods for resale |
|
|
|
|
Debtors |
Current |
2024 |
2023 |
Trade debtors |
|
|
Prepayments |
|
|
Other debtors |
|
|
|
|
Creditors |
Creditors: amounts falling due within one year
Note |
2024 |
2023 |
|
Due within one year |
|||
Loans and borrowings |
|
|
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
|
|
Norman Jackson (Flixborough) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
|||
No. |
£ |
No. |
£ |
|
|
|
11,805 |
|
11,805 |
Loans and borrowings |
Current loans and borrowings
2024 |
2023 |
|
Other borrowings |
|
|
Related party transactions |
Loans from related parties
2024 |
Other related parties |
Total |
At start of period |
|
|
At end of period |
|
|
|
2023 |
Other related parties |
Total |
At start of period |
|
|
At end of period |
|
|
|