Company No: 15332971 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024
		£
Current assets
Stocks	3	220,000
Debtors	4	23,147
Cash at bank and in hand		36
		243,183
Creditors: amounts falling due within one year	5	( 215,353)
Net current assets		27,830
Total assets less current liabilities		27,830
Creditors: amounts falling due after more than one year	6	( 126,470)
Net liabilities		( 98,640)
Capital and reserves
Called-up share capital	7	100
Profit and loss account		( 98,740 )
Total shareholders' deficit		( 98,640)

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of J J Hunt Limited (registered number: 15332971) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Nicholas Hunt Director

Junchao Jiang Director

13 March 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

J J Hunt Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Arena Tower, Apartment 1701 25, Crossharbour Plaza, London, E14 9ZJ, United Kingdom.

The company was incorporated 6th December 2023 and began trading imminently.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2024
	Number
Monthly average number of persons employed by the Company during the period, including directors	2

3. Stocks

	2024
	£
Finished goods	220,000

4. Debtors

	2024
	£
Prepayments	23,062
VAT recoverable	85
	23,147

5. Creditors: amounts falling due within one year

	2024
	£
Trade creditors	325
Amounts owed to Group undertakings	39,955
Amounts owed to directors	168,175
Accruals	2,500
Obligations under finance leases and hire purchase contracts	4,398
	215,353

6. Creditors: amounts falling due after more than one year

	2024
	£
Obligations under finance leases and hire purchase contracts	126,470

There are no amounts included above in respect of which any security has been given by the company.

7. Called-up share capital

	2024
	£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100