IRIS Accounts Production v24.3.2.46 09483279 director 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094832792023-06-30094832792024-06-30094832792023-07-012024-06-30094832792022-06-30094832792022-07-012023-06-30094832792023-06-3009483279ns15:EnglandWales2023-07-012024-06-3009483279ns14:PoundSterling2023-07-012024-06-3009483279ns10:Director12023-07-012024-06-3009483279ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009483279ns10:SmallEntities2023-07-012024-06-3009483279ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009483279ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009483279ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009483279ns10:FullAccounts2023-07-012024-06-300948327912023-07-012024-06-3009483279ns10:CompanySecretary12023-07-012024-06-3009483279ns10:RegisteredOffice2023-07-012024-06-3009483279ns5:CurrentFinancialInstruments2024-06-3009483279ns5:CurrentFinancialInstruments2023-06-3009483279ns5:Non-currentFinancialInstruments2024-06-3009483279ns5:Non-currentFinancialInstruments2023-06-3009483279ns5:ShareCapital2024-06-3009483279ns5:ShareCapital2023-06-3009483279ns5:RetainedEarningsAccumulatedLosses2024-06-3009483279ns5:RetainedEarningsAccumulatedLosses2023-06-3009483279ns5:NetGoodwill2023-07-012024-06-3009483279ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009483279ns5:PlantMachinery2023-07-012024-06-3009483279ns5:MotorVehicles2023-07-012024-06-3009483279ns5:NetGoodwill2023-06-3009483279ns5:NetGoodwill2024-06-3009483279ns5:NetGoodwill2023-06-3009483279ns5:PlantMachinery2023-06-3009483279ns5:MotorVehicles2023-06-3009483279ns5:PlantMachinery2024-06-3009483279ns5:MotorVehicles2024-06-3009483279ns5:PlantMachinery2023-06-3009483279ns5:MotorVehicles2023-06-3009483279ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3009483279ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3009483279ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-06-3009483279ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3009483279ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009483279ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3009483279ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-06-3009483279ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-06-3009483279ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-06-3009483279ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-06-3009483279ns5:HirePurchaseContracts2024-06-3009483279ns5:HirePurchaseContracts2023-06-30
REGISTERED NUMBER: 09483279 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

J G CATTLE SERVICES LIMITED

J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J G CATTLE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: J W Griffin





SECRETARY: Miss A G Nield





REGISTERED OFFICE: Spring Cottage Blundestone Lane
Longway Bank
Matlock
Derbyshire
DE4 5HU





REGISTERED NUMBER: 09483279 (England and Wales)





ACCOUNTANTS: Bradley Accounting Plus Ltd
41 St John Street
Ashbourne
Derbyshire
DE6 1GP

J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 31,124 37,255
31,125 37,256

CURRENT ASSETS
Stocks 1,415 908
Debtors 6 9,922 12,988
Cash at bank 24,787 16,707
36,124 30,603
CREDITORS
Amounts falling due within one year 7 44,396 47,831
NET CURRENT LIABILITIES (8,272 ) (17,228 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,853

20,028

CREDITORS
Amounts falling due after more than one year 8 8,225 18,562
NET ASSETS 14,628 1,466

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 14,618 1,456
14,628 1,466

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.

J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

BALANCE SHEET - continued
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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





J W Griffin - Director


J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

J G Cattle Services Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Motor vehicles - 25% on 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
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.

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 loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 20,836
AMORTISATION
At 1 July 2023
and 30 June 2024 20,835
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 51,341 5,000 56,341
DEPRECIATION
At 1 July 2023 15,136 3,950 19,086
Charge for year 5,431 700 6,131
At 30 June 2024 20,567 4,650 25,217
NET BOOK VALUE
At 30 June 2024 30,774 350 31,124
At 30 June 2023 36,205 1,050 37,255

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 July 2023
and 30 June 2024 45,900
DEPRECIATION
At 1 July 2023 12,738
Charge for year 4,974
At 30 June 2024 17,712
NET BOOK VALUE
At 30 June 2024 28,188
At 30 June 2023 33,162

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,377 9,177
Tax - 3,681
Prepayments 2,545 130
9,922 12,988

J G CATTLE SERVICES LIMITED (REGISTERED NUMBER: 09483279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 5,157 5,180
Trade creditors 1,723 1,146
Pensions Payable 79 79
Tax 7,541 7,465
Deferred tax 5,913 7,078
Wages 1,098 -
VAT 3,159 4,763
Directors' loan accounts 19,726 20,859
Accruals and deferred income - 1,261
44,396 47,831

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 8,225 18,562

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 5,157 5,180
Between one and five years 8,225 18,562
13,382 23,742