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REGISTERED NUMBER: 09392697 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

J & J Turner Ltd

J & J Turner Ltd (Registered number: 09392697)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J & J Turner Ltd

Company Information
for the year ended 30 June 2024







DIRECTOR: P Turner





REGISTERED OFFICE: 13a Duke Street
Southport
Merseyside
PR8 1LS





REGISTERED NUMBER: 09392697 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

J & J Turner Ltd (Registered number: 09392697)

Balance Sheet
30 June 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 439,697 436,723
Investments 5 100 100
439,797 436,823

CURRENT ASSETS
Stocks 15,599 13,132
Debtors 6 407,128 397,155
Cash at bank and in hand 176,418 155,835
599,145 566,122
CREDITORS
Amounts falling due within one year 7 (162,033 ) (178,884 )
NET CURRENT ASSETS 437,112 387,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

876,909

824,061

CREDITORS
Amounts falling due after more than one year 8 (224,781 ) (240,137 )

PROVISIONS FOR LIABILITIES 10 (23,902 ) (17,601 )
NET ASSETS 628,226 566,323

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 628,126 566,223
SHAREHOLDERS' FUNDS 628,226 566,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:




P Turner - Director


J & J Turner Ltd (Registered number: 09392697)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

J & J Turner Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 14 ) .

J & J Turner Ltd (Registered number: 09392697)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
COST
At 1 July 2023 344,087 311,788 7,288
Additions - 19,027 -
At 30 June 2024 344,087 330,815 7,288
DEPRECIATION
At 1 July 2023 - 250,559 6,877
Charge for year - 9,793 61
At 30 June 2024 - 260,352 6,938
NET BOOK VALUE
At 30 June 2024 344,087 70,463 350
At 30 June 2023 344,087 61,229 411

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 July 2023 95,717 6,449 765,329
Additions - - 19,027
At 30 June 2024 95,717 6,449 784,356
DEPRECIATION
At 1 July 2023 65,293 5,877 328,606
Charge for year 6,085 114 16,053
At 30 June 2024 71,378 5,991 344,659
NET BOOK VALUE
At 30 June 2024 24,339 458 439,697
At 30 June 2023 30,424 572 436,723

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 July 2023
and 30 June 2024 100
NET BOOK VALUE
At 30 June 2024 100
At 30 June 2023 100

J & J Turner Ltd (Registered number: 09392697)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 51,521 42,574
Amounts owed by group undertakings 331,590 333,990
Other debtors 24,017 20,591
407,128 397,155

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 17,175 17,225
Trade creditors 9,014 16,880
Taxation and social security 46,754 26,211
Other creditors 89,090 118,568
162,033 178,884

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 224,781 240,137

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 210,562 215,787

The above borrowings are secured by a fixed and floating charge over the company's assets.

10. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 23,902 17,601

Deferred tax
£
Balance at 1 July 2023 17,601
Movement in the year 6,301
Balance at 30 June 2024 23,902

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary 1 100 100

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Turner.