17 17 CJB Retail Limited 11955428 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Retail Sale of automotive fuel in specialised stores Digita Accounts Production Advanced 6.30.9574.0 true 11955428 2023-10-01 2024-09-30 11955428 2024-09-30 11955428 core:CurrentFinancialInstruments 2024-09-30 11955428 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 11955428 core:FurnitureFittingsToolsEquipment 2024-09-30 11955428 bus:SmallEntities 2023-10-01 2024-09-30 11955428 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11955428 bus:FilletedAccounts 2023-10-01 2024-09-30 11955428 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11955428 bus:RegisteredOffice 2023-10-01 2024-09-30 11955428 bus:Director1 2023-10-01 2024-09-30 11955428 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11955428 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 11955428 countries:England 2023-10-01 2024-09-30 11955428 2023-09-30 11955428 core:FurnitureFittingsToolsEquipment 2023-09-30 11955428 2022-10-01 2023-09-30 11955428 2023-09-30 11955428 core:CurrentFinancialInstruments 2023-09-30 11955428 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 11955428 core:FurnitureFittingsToolsEquipment 2023-09-30 xbrli:pure iso4217:GBP

Registration number: 11955428

CJB Retail Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

CJB Retail Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

CJB Retail Limited

(Registration number: 11955428)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,208

416

Current assets

 

Stocks

5

47,255

58,738

Debtors

6

23,934

15,859

Cash at bank and in hand

 

63,125

42,384

 

134,314

116,981

Creditors: Amounts falling due within one year

7

(63,258)

(67,076)

Net current assets

 

71,056

49,905

Total assets less current liabilities

 

72,264

50,321

Provisions for liabilities

(302)

-

Net assets

 

71,962

50,321

Capital and reserves

 

Called up share capital

1

1

Retained earnings

71,961

50,320

Shareholders' funds

 

71,962

50,321

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

CJB Retail Limited

(Registration number: 11955428)
Balance Sheet as at 30 September 2024

Approved and authorised by the director on 25 March 2025
 

.........................................
Miss SM Atkinson
Director

 

CJB Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
14 Pine Tree Crescent
Shildon
County Durham
DL4 2AT

These financial statements were authorised for issue by the director on 25 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

CJB Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 17 (2023 - 17).

 

CJB Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 October 2023

624

624

Additions

1,500

1,500

At 30 September 2024

2,124

2,124

Depreciation

At 1 October 2023

208

208

Charge for the year

708

708

At 30 September 2024

916

916

Carrying amount

At 30 September 2024

1,208

1,208

At 30 September 2023

416

416

5

Stocks

2024
£

2023
£

Finished goods and goods for resale

47,255

58,738

6

Debtors

Current

2024
£

2023
£

Prepayments

5,159

5,737

Other debtors

18,775

10,122

 

23,934

15,859

 

CJB Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

27,196

27,847

Taxation and social security

34,904

31,932

Accruals and deferred income

2,217

2,562

Other creditors

(1,059)

4,735

63,258

67,076