JUSTUK.NET LIMITED

Company Registration Number:
05150201 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

JUSTUK.NET LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Additional notes
Balance sheet notes

JUSTUK.NET LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 10,720 16,071
Debtors: 4 953 1,881
Cash at bank and in hand: 16,844 9,643
Total current assets: 28,517 27,595
Creditors: amounts falling due within one year: 5 ( 5,896 ) ( 10,168 )
Net current assets (liabilities): 22,621 17,427
Total assets less current liabilities: 22,621 17,427
Total net assets (liabilities): 22,621 17,427
Capital and reserves
Called up share capital: 2,110 2,110
Other reserves: 110 110
Profit and loss account: 20,401 15,207
Total Shareholders' funds: 22,621 17,427

The notes form part of these financial statements

JUSTUK.NET LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 21 March 2025
and signed on behalf of the board by:

Name: J Temple
Status: Director

The notes form part of these financial statements

JUSTUK.NET LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, and represents amounts receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised on despatch of the goods.

    Other accounting policies

    Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods, and is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. However 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Foreign currencies Foreign currency transactions are initially recorded in the functional currency by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

JUSTUK.NET LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

JUSTUK.NET LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Stocks

2024 2023
£ £
Stocks 10,720 16,071
Total 10,720 16,071

JUSTUK.NET LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 232 0
Other debtors 721 1,881
Total 953 1,881

JUSTUK.NET LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 664 5,589
Taxation and social security 653 0
Other creditors 4,579 4,579
Total 5,896 10,168

Creditors includes £3745 (2023 £8646) in respect of amounts due to a company controlled by a director.