REGISTERED NUMBER: 03267306 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

JORDEN INSULATION LTD.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr A Rudd

Mr J P Rudd

Registered office:

Unit 17 Rosebridge Court

Rosebridge Way

Wigan

Lancashire

WN1 3DP

Registered number:

03267306 (England and Wales)

Accountants:

NRB

1st Floor Waterside House

Waterside Drive

Wigan

Lancashire

WN3 5AZ

FIXED ASSETS

Tangible assets

4

30,221

9,661

CURRENT ASSETS

Stocks

5,054

5,148

Debtors

5

93,028

103,966

Cash at bank

99,132

19,407

197,214

128,521

CREDITORS

Amounts falling due within one year

6

88,557

55,584

NET CURRENT ASSETS

108,657

72,937

TOTAL ASSETS LESS CURRENT LIABILITIES

138,878

82,598

PROVISIONS FOR LIABILITIES

7

7,312

1,639

NET ASSETS

131,566

80,959

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

130,566

79,959

SHAREHOLDERS' FUNDS

131,566

80,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:

Mr A Rudd - Director

1.	STATUTORY INFORMATION

Jorden Insulation 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.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

9,361

18,084

30,180

57,625

Additions

-

-

26,298

26,298

Disposals

-

-

(15,090

)

(15,090

)

At 31 December 2024

9,361

18,084

41,388

68,833

DEPRECIATION

At 1 January 2024

9,327

17,411

21,226

47,964

Charge for year

7

135

1,119

1,261

Eliminated on disposal

-

-

(10,613

)

(10,613

)

At 31 December 2024

9,334

17,546

11,732

38,612

NET BOOK VALUE

At 31 December 2024

27

538

29,656

30,221

At 31 December 2023

34

673

8,954

9,661

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

85,969

93,092

Other debtors

7,059

10,874

93,028

103,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

127

-

Trade creditors

35,011

11,222

Taxation and social security

29,161

19,316

Other creditors

24,258

25,046

88,557

55,584

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

7,312

1,639

Deferred

tax

£

Balance at 1 January 2024

1,639

Utilised during year

5,673

Balance at 31 December 2024

7,312

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000

Ordinary

£1

1,000

1,000