2023-10-01 04687736 2024-09-30 04687736 2023-10-01 2024-09-30 04687736 2023-09-30 04687736 2022-10-01 2023-09-30 04687736 uk-core:WithinOneYear 2023-09-30 04687736 uk-core:WithinOneYear 2024-09-30 04687736 uk-core:ShareCapital 2024-09-30 04687736 uk-core:ShareCapital 2023-09-30 04687736 uk-core:SharePremium 2024-09-30 04687736 uk-core:SharePremium 2023-09-30 04687736 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 04687736 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 04687736 uk-bus:Director1 2023-10-01 2024-09-30 04687736 uk-bus:Director2 2023-10-01 2024-09-30 04687736 uk-core:PlantMachinery 2023-10-01 2024-09-30 04687736 uk-core:ToolsEquipment 2023-10-01 2024-09-30 04687736 uk-core:FurnitureFittings 2023-10-01 2024-09-30 04687736 uk-core:ComputerSoftware 2023-09-30 04687736 uk-core:ComputerSoftware 2024-09-30 04687736 uk-core:ComputerSoftware 2023-10-01 2024-09-30 04687736 uk-core:ToolsEquipment 2023-09-30 04687736 uk-core:FurnitureFittings 2023-09-30 04687736 uk-core:FurnitureFittings 2024-09-30 04687736 uk-core:ToolsEquipment 2024-09-30 04687736 uk-core:WithinOneYear 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure 04687736 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04687736 uk-bus:FRS102 2023-10-01 2024-09-30 04687736 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 04687736 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
P & J International Limited
Registered Number:04687736
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
P & J International Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3
Registered Number :
04687736
As at 30 September 2024
P & J International Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
-
427
2
Property, plant and equipment
3,154
3,702
3
3,154
4,129
Current assets
Inventories
439,490
435,900
4
Trade and other receivables
525,677
517,453
5
1,277,018
Cash and cash equivalents
971,550
1,924,903
2,242,185
Trade and other payables: amounts falling due within one
year
(508,684)
(184,247)
6
1,733,501
1,740,656
Net current assets
Total assets less current liabilities
1,743,810
1,737,630
(599)
(704)
Provisions for liabilities
1,743,211
Net assets
1,736,926
Capital and reserves
Called up share capital
2,000
2,000
Share premium account
11,996
11,996
Retained earnings
1,729,215
1,722,930
1,743,211
1,736,926
Shareholders' funds
For the year ended 30 September 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
04687736
For the year ended 30 September 2024
P & J International Limited
Statement of Financial Position Continued
Ms X P Zhang Director
Mr J I Shin Director
These financial statements were approved and authorised for issue by the Board on 08 May 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 September 2024
P & J International Limited
Notes to the Financial Statements
Statutory Information
P & J International Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04687736.
Registered address:
Lime Tree House
15 Lime Tree Walk
Sevenoaks
Kent
TN13 1YH
The presentation currency is £ sterling.
The financial statements relate to trading activities of P & J International Limited only.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Straight line
Computer equipment
25% Straight line
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes direct costs and an appropriate proportion of fixed and variable overheads where applicable. Stock held on consignment is included within inventories in the financial statements when the terms under which they are held and commercial practice indicate that the main risks and rewards of ownership rest with the company.
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.
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6
For the year ended 30 September 2024
P & J International Limited
Notes to the Financial Statements Continued
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the Income Statement.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Financial Instruments
The company adopted the accounting policy in 2018 in respect of non basic financial instruments, whereby
unrealised gains/losses in respect of bank foreign exchange contracts are now only shown in the books at the point
where the contracts are exercised so that the financial statements give a true and fair value of the business.
The Company also enters into basic financial instrument transactions that result in the recognition of financial assets
and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related
parties and investments in non-puttable ordinary shares.
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 October 2023
6,162
At 30 September 2024
6,162
Amortisation
At 01 October 2023
5,735
427
Charge for year
At 30 September 2024
6,162
Net book value
At 30 September 2024
-
At 30 September 2023
427
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7
For the year ended 30 September 2024
P & J International Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2023
11,487
8,898
2,589
805
616
189
Additions
(751)
-
Disposals
(751)
At 30 September 2024
2,778
8,763
11,541
Provision for depreciation and impairment
At 01 October 2023
7,785
5,386
2,399
Charge for year
1,352
1,250
102
(750)
(750)
-
On disposal
At 30 September 2024
8,387
5,886
2,501
At 30 September 2024
Net book value
277
2,877
3,154
At 30 September 2023
190
3,512
3,702
4. Inventories
2023
2024
£
£
Stocks
435,900
439,490
5. Trade and other receivables
2023
2024
£
£
Trade debtors
507,554
516,668
Other debtors
9,899
9,009
525,677
517,453
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8
For the year ended 30 September 2024
P & J International Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
108,584
482,926
Taxation and social security
56,900
2,110
Other creditors
18,763
23,648
184,247
508,684
The company has the following securities a debenture for fixed and floating charges held over all assets of the company and a general pledge, these are all held by the company's bank. The company also has a rent deposit deed.
7. Guarantees and other financial commitments
Lease commitments
At 30 September 2024 the company had annual commitments under non-cancellable operating leases as set out
below:
2023
£
2024
£
Operating leases which expire:
3,900
3,900
Within 1 year
3,900
3,900
8. Average number of persons employed
During the year the average number of employees was 4 (2023 : 4) including Director's.
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