3 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07014870 2023-10-01 2024-09-30 07014870 2024-09-30 07014870 2023-09-30 07014870 2022-10-01 2023-09-30 07014870 2023-09-30 07014870 2022-09-30 07014870 core:PlantMachinery 2023-10-01 2024-09-30 07014870 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 07014870 core:MotorVehicles 2023-10-01 2024-09-30 07014870 bus:Director1 2023-10-01 2024-09-30 07014870 core:PlantMachinery 2023-09-30 07014870 core:FurnitureFittingsToolsEquipment 2023-09-30 07014870 core:MotorVehicles 2023-09-30 07014870 core:PlantMachinery 2024-09-30 07014870 core:FurnitureFittingsToolsEquipment 2024-09-30 07014870 core:MotorVehicles 2024-09-30 07014870 core:WithinOneYear 2024-09-30 07014870 core:WithinOneYear 2023-09-30 07014870 core:AfterOneYear 2024-09-30 07014870 core:AfterOneYear 2023-09-30 07014870 core:ShareCapital 2024-09-30 07014870 core:ShareCapital 2023-09-30 07014870 core:RetainedEarningsAccumulatedLosses 2024-09-30 07014870 core:RetainedEarningsAccumulatedLosses 2023-09-30 07014870 core:PlantMachinery 2023-09-30 07014870 core:FurnitureFittingsToolsEquipment 2023-09-30 07014870 core:MotorVehicles 2023-09-30 07014870 bus:Director1 2023-09-30 07014870 bus:Director1 2024-09-30 07014870 bus:Director1 2022-09-30 07014870 bus:Director1 2023-09-30 07014870 bus:Director1 2022-10-01 2023-09-30 07014870 bus:SmallEntities 2023-10-01 2024-09-30 07014870 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07014870 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07014870 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07014870 bus:FullAccounts 2023-10-01 2024-09-30 07014870 core:OtherRelatedParties 2023-10-01 2024-09-30 07014870 core:OtherRelatedParties 2024-09-30
Company registration number: 07014870
Johnstruct Ltd
Unaudited filleted financial statements
30 September 2024
Johnstruct Ltd
Contents
Statement of financial position
Notes to the financial statements
Johnstruct Ltd
Statement of financial position
30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 28,436 28,057
_______ _______
28,436 28,057
Current assets
Stocks 21,367 23,243
Debtors 6 584,959 235,847
Cash at bank and in hand 327,731 598,635
_______ _______
934,057 857,725
Creditors: amounts falling due
within one year 7 ( 314,371) ( 321,840)
_______ _______
Net current assets 619,686 535,885
_______ _______
Total assets less current liabilities 648,122 563,942
Creditors: amounts falling due
after more than one year 8 ( 7,500) ( 17,500)
_______ _______
Net assets 640,622 546,442
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 640,621 546,441
_______ _______
Shareholders funds 640,622 546,442
_______ _______
For the 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 financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 13 June 2025 , and are signed on behalf of the board by:
M. R. Allen
Director
Company registration number: 07014870
Johnstruct Ltd
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 169 New London Road, Chelmsford, Essex, CM2 0AE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 33.30 % straight line
Fittings fixtures and equipment - 33.30 % straight line
Motor vehicles - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).
5. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 October 2023 664 6,657 52,696 60,017
Additions 8,500 - 1,421 9,921
_______ _______ _______ _______
At 30 September 2024 9,164 6,657 54,117 69,938
_______ _______ _______ _______
Depreciation
At 1 October 2023 593 5,652 25,715 31,960
Charge for the year 2,866 996 5,680 9,542
_______ _______ _______ _______
At 30 September 2024 3,459 6,648 31,395 41,502
_______ _______ _______ _______
Carrying amount
At 30 September 2024 5,705 9 22,722 28,436
_______ _______ _______ _______
At 30 September 2023 71 1,005 26,981 28,057
_______ _______ _______ _______
6. Debtors
2024 2023
£ £
Trade debtors 89,062 67,455
Other debtors 495,897 168,392
_______ _______
584,959 235,847
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 31,599 28,017
Corporation tax 179,095 55,835
Social security and other taxes 49,056 88,174
Other creditors 44,621 139,814
_______ _______
314,371 321,840
_______ _______
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 7,500 17,500
_______ _______
9. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
M. R. Allen 405 171,010 ( 1,266) 170,149
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
M. R. Allen ( 789) 7,291 ( 6,097) 405
_______ _______ _______ _______
10. Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value Balance owed by/(owed to)
2024 2023 2024 2023
£ £ £ £
Other related parties 170,962 - 170,962 -
_______ _______ _______ _______
During the year, one of the company's shareholders withdrew an interest free loan from the company. The balance above represents the maximum amount outstanding throughout the year and is also the balance due at the end of the accounting period. The loan is included within other debtors in note 6 of the accounts and is expected to be repaid in full.