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REGISTERED NUMBER: 08266769 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Jim Catering Limited

Jim Catering Limited (Registered number: 08266769)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jim Catering Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: D K T Jim





REGISTERED OFFICE: 198 Western Avenue
Speke
Liverpool
Merseyside
L24 3UT





REGISTERED NUMBER: 08266769 (England and Wales)





ACCOUNTANTS: Lucas Reis Ltd
Chartered Accountants
Lansdowne House
85 Buxton Road
Stockport
Cheshire
SK2 6LR

Jim Catering Limited (Registered number: 08266769)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,935 51,689

CURRENT ASSETS
Stocks 1,643 1,408
Debtors 5 9,595 11,912
Cash at bank and in hand 15,148 11,767
26,386 25,087
CREDITORS
Amounts falling due within one year 6 49,686 34,579
NET CURRENT LIABILITIES (23,300 ) (9,492 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,635

42,197

CREDITORS
Amounts falling due after more than one
year

7

(11,921

)

(32,357

)

PROVISIONS FOR LIABILITIES (8,348 ) (9,631 )
NET ASSETS 366 209

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 365 208
SHAREHOLDERS' FUNDS 366 209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Jim Catering Limited (Registered number: 08266769)

Balance Sheet - continued
31 October 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





D K T Jim - Director


Jim Catering Limited (Registered number: 08266769)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Jim Catering 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Jim Catering Limited (Registered number: 08266769)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 2,793 60,090 62,883
DEPRECIATION
At 1 November 2023 2,181 9,013 11,194
Charge for year 92 7,662 7,754
At 31 October 2024 2,273 16,675 18,948
NET BOOK VALUE
At 31 October 2024 520 43,415 43,935
At 31 October 2023 612 51,077 51,689

Jim Catering Limited (Registered number: 08266769)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023
and 31 October 2024 60,090
DEPRECIATION
At 1 November 2023 9,013
Charge for year 7,662
At 31 October 2024 16,675
NET BOOK VALUE
At 31 October 2024 43,415
At 31 October 2023 51,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 3,893 3,893
Directors' current accounts 5,702 8,019
9,595 11,912

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts - 6
Hire purchase contracts 20,436 10,218
Tax 1 -
Social security and other taxes 142 319
VAT 11,419 10,386
Accruals and deferred income 17,688 13,650
49,686 34,579

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 11,921 32,357

Jim Catering Limited (Registered number: 08266769)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1 Ordinary £1 1 1

9. ULTIMATE CONTROLLING PARTY

The controlling party is D K T Jim.