1 June 2024 false Taxfiler 2024.6 14102125business:PrivateLimitedCompanyLtd2024-06-012025-05-31 141021252024-05-31 141021252024-06-012025-05-31 14102125business:AuditExemptWithAccountantsReport2024-06-012025-05-31 14102125business:FilletedAccounts2024-06-012025-05-31 141021252025-05-31 14102125business:Director12024-06-012025-05-31 14102125business:Director22024-06-012025-05-31 14102125business:RegisteredOffice2024-06-012025-05-31 141021252024-05-31 14102125core:WithinOneYear2025-05-31 14102125core:WithinOneYear2024-05-31 14102125core:AfterOneYear2025-05-31 14102125core:AfterOneYear2024-05-31 14102125core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 14102125core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14102125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 14102125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14102125core:PreviouslyStatedAmount2025-05-31 14102125core:PreviouslyStatedAmount2024-05-31 14102125business:SmallEntities2024-06-012025-05-31 14102125countries:EnglandWales2024-06-012025-05-31 14102125core:PlantMachinery2024-06-012025-05-31 14102125core:MotorVehicles2024-06-012025-05-31 14102125core:ComputerEquipment2024-06-012025-05-31 14102125core:PlantMachinery2024-05-31 14102125core:MotorVehicles2024-05-31 14102125core:ComputerEquipment2024-05-31 14102125core:PlantMachinery2025-05-31 14102125core:MotorVehicles2025-05-31 14102125core:ComputerEquipment2025-05-31 14102125core:AcceleratedTaxDepreciationDeferredTax2025-05-31 14102125core:AcceleratedTaxDepreciationDeferredTax2024-05-31 141021252023-05-31 141021252023-06-012024-05-31 14102125business:OrdinaryShareClass12024-06-012025-05-31 14102125business:OrdinaryShareClass12023-06-012024-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14102125 (England and Wales)
JJ Custom Creations Ltd Unaudited accounts for the year ended 31 May 2025
JJ Custom Creations Ltd Unaudited accounts Contents
Page
- 2 -
JJ Custom Creations Ltd Company Information for the year ended 31 May 2025
Directors
Darren Johnson Matthew Johnson
Company Number
14102125 (England and Wales)
Registered Office
3 Rhodes Street Liversedge West Yorkshire WF15 6BG England
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
- 3 -
JJ Custom Creations Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,644 
17,105 
Current assets
Inventories
2,422 
1,010 
Debtors
5,436 
4,006 
Cash at bank and in hand
11,788 
20,483 
19,646 
25,499 
Creditors: amounts falling due within one year
(21,234)
(15,410)
Net current (liabilities)/assets
(1,588)
10,089 
Total assets less current liabilities
42,056 
27,194 
Creditors: amounts falling due after more than one year
(500)
- 
Provisions for liabilities
Deferred tax
(3,961)
(2,267)
Net assets
37,595 
24,927 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,593 
24,925 
Shareholders' funds
37,595 
24,927 
For the year ending 31 May 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2025 and were signed on its behalf by
Darren Johnson Director Company Registration No. 14102125
- 4 -
JJ Custom Creations Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
JJ Custom Creations Ltd is a private company, limited by shares, registered in England and Wales, registration number 14102125. The registered office is 3 Rhodes Street, Liversedge, West Yorkshire, WF15 6BG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
JJ Custom Creations Ltd Notes to the Accounts for the year ended 31 May 2025
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
17,991 
- 
6,361 
24,352 
Additions
14,145 
22,633 
999 
37,777 
At 31 May 2025
32,136 
22,633 
7,360 
62,129 
Depreciation
At 1 June 2024
5,123 
- 
2,124 
7,247 
Charge for the year
5,403 
4,526 
1,309 
11,238 
At 31 May 2025
10,526 
4,526 
3,433 
18,485 
Net book value
At 31 May 2025
21,610 
18,107 
3,927 
43,644 
At 31 May 2024
12,868 
- 
4,237 
17,105 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,775 
- 
Accrued income and prepayments
2,661 
4,006 
5,436 
4,006 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,765 
1,754 
Obligations under finance leases and hire purchase contracts
728 
92 
Taxes and social security
8,620 
4,100 
Loans from directors
152 
5,016 
Accruals
6,969 
4,448 
21,234 
15,410 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
500 
- 
- 6 -
JJ Custom Creations Ltd Notes to the Accounts for the year ended 31 May 2025
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
3,961 
2,267 
2025 
2024 
£ 
£ 
Provision at start of year
2,267 
486 
Charged to the profit and loss account
1,694 
1,781 
Provision at end of year
3,961 
2,267 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Transactions with related parties
The company is in receipt of loans amounting to £152.00 from members of key management personnel. The loans are payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loans were still outstanding and are presented within creditors: amounts falling due within one year. During the year, total dividends of £31,000 (2024: £2,000) were paid to the directors.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -