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REGISTERED NUMBER: 04343924 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Jayfor Limited
T/A
Green Thumb (Shropshire)

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Jayfor Limited
T/A Green Thumb (Shropshire)

Company Information
for the year ended 31 December 2024







DIRECTORS: R M Ordidge
Mrs L V Ordidge



REGISTERED OFFICE: C/O Caerwyn Jones Emstrey House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG



REGISTERED NUMBER: 04343924 (England and Wales)



ACCOUNTANTS: WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG



BANKERS: Lloyds Bank Plc
PO Box 1000
Andover
BX1 1LT

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 10,343 50,341
10,343 50,341

CURRENT ASSETS
Inventories 15,334 16,288
Debtors 6 64,088 76,158
Cash at bank and in hand 30,321 101,673
109,743 194,119
CREDITORS
Amounts falling due within one year 7 80,842 117,804
NET CURRENT ASSETS 28,901 76,315
TOTAL ASSETS LESS CURRENT LIABILITIES 39,244 126,656

CREDITORS
Amounts falling due after more than one
year

8

-

(15,000

)

PROVISIONS FOR LIABILITIES (2,586 ) (11,059 )
NET ASSETS 36,658 100,597

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 36,656 100,595
SHAREHOLDERS' FUNDS 36,658 100,597

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Statement of Financial Position - continued
31 December 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





I G Balmforth - Director


Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Jayfor 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
Revenue 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 2002, is being amortised evenly over its estimated useful life of twenty 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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.

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 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.

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 77,077 7,581 84,658
AMORTISATION
At 1 January 2024
and 31 December 2024 77,077 7,581 84,658
NET BOOK VALUE
At 31 December 2024 - - -
At 31 December 2023 - - -

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024 13,236 4,620 54,902 72,758
Additions 2,683 200 - 2,883
Disposals - - (54,902 ) (54,902 )
At 31 December 2024 15,919 4,820 - 20,739
DEPRECIATION
At 1 January 2024 7,627 881 13,909 22,417
Charge for year 1,510 378 - 1,888
Eliminated on disposal - - (13,909 ) (13,909 )
At 31 December 2024 9,137 1,259 - 10,396
NET BOOK VALUE
At 31 December 2024 6,782 3,561 - 10,343
At 31 December 2023 5,609 3,739 40,993 50,341

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 63,548 70,485
Other debtors 540 5,673
64,088 76,158

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 1,576 6,055
Taxation and social security 66,239 55,074
Other creditors 13,027 46,675
80,842 117,804

Jayfor Limited (Registered number: 04343924)
T/A Green Thumb (Shropshire)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 15,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 25,000

The Bounce Bank Loan is 100% Government backed.
The Bank Loan is secured over the Company's Assets.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £130,209 (2023 - £78,000) were paid to the Directors.

Included within creditors due within one year are amounts totalling £Nil (2023 - £34,283) due to the directors of the company.These amounts are repayable on demand. During the year no interest was paid on the balance.