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REGISTERED NUMBER: 04102313 (England and Wales)















Unaudited Financial Statements

for the Period 1 December 2023 to 29 November 2024

for

J.J. Hancock Decorators Limited

J.J. Hancock Decorators Limited (Registered number: 04102313)






Contents of the Financial Statements
for the Period 1 December 2023 to 29 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.J. Hancock Decorators Limited

Company Information
for the Period 1 December 2023 to 29 November 2024







DIRECTOR: J J Hancock





SECRETARY: Mrs S L Hancock





REGISTERED OFFICE: 1 St Marys Street
Newport
Shropshire
TF10 7AF





REGISTERED NUMBER: 04102313 (England and Wales)






J.J. Hancock Decorators Limited (Registered number: 04102313)

Balance Sheet
29 November 2024

29.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,590 80,334

CURRENT ASSETS
Stocks 12,500 10,000
Debtors 5 1,290,978 900,181
Cash at bank 215,094 352,440
1,518,572 1,262,621
CREDITORS
Amounts falling due within one year 6 448,063 341,902
NET CURRENT ASSETS 1,070,509 920,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134,099

1,001,053

CREDITORS
Amounts falling due after more than
one year

7

(11,819

)

(22,924

)

PROVISIONS FOR LIABILITIES 8 (15,897 ) (15,263 )
NET ASSETS 1,106,383 962,866

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 1,106,283 962,766
SHAREHOLDERS' FUNDS 1,106,383 962,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 November 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.

J.J. Hancock Decorators Limited (Registered number: 04102313)

Balance Sheet - continued
29 November 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 July 2025 and were signed by:





J J Hancock - Director


J.J. Hancock Decorators Limited (Registered number: 04102313)

Notes to the Financial Statements
for the Period 1 December 2023 to 29 November 2024

1. STATUTORY INFORMATION

J.J. Hancock Decorators 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% 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 period 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 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 period 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.

J.J. Hancock Decorators Limited (Registered number: 04102313)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 29 November 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 December 2023 367 4,919 133,339 138,625
Additions - - 3,995 3,995
At 29 November 2024 367 4,919 137,334 142,620
DEPRECIATION
At 1 December 2023 55 1,795 56,441 58,291
Charge for period 47 469 20,223 20,739
At 29 November 2024 102 2,264 76,664 79,030
NET BOOK VALUE
At 29 November 2024 265 2,655 60,670 63,590
At 30 November 2023 312 3,124 76,898 80,334

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.24 30.11.23
£    £   
Trade debtors 805,504 560,627
Other debtors 485,474 339,554
1,290,978 900,181

J.J. Hancock Decorators Limited (Registered number: 04102313)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 29 November 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.24 30.11.23
£    £   
Hire purchase contracts 11,106 13,094
Trade creditors 84,423 21,898
Taxation and social security 222,567 199,071
Other creditors 129,967 107,839
448,063 341,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.11.24 30.11.23
£    £   
Hire purchase contracts 11,819 22,924

8. PROVISIONS FOR LIABILITIES
29.11.24 30.11.23
£    £   
Deferred tax 15,897 15,263

Deferred
tax
£   
Balance at 1 December 2023 15,263
Provided during period 634
Balance at 29 November 2024 15,897

9. RESERVES
Retained
earnings
£   

At 1 December 2023 962,766
Profit for the period 333,517
Dividends (190,000 )
At 29 November 2024 1,106,283

J.J. Hancock Decorators Limited (Registered number: 04102313)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 29 November 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 29 November 2024 and the year ended 30 November 2023:

29.11.24 30.11.23
£    £   
J J Hancock
Balance outstanding at start of period 311,014 184,556
Amounts advanced 319,215 301,975
Amounts repaid (190,000 ) (175,517 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 440,229 311,014