IRIS Accounts Production v25.1.4.42 10994246 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109942462023-10-31109942462024-10-31109942462023-11-012024-10-31109942462022-10-31109942462022-11-012023-10-31109942462023-10-3110994246ns15:EnglandWales2023-11-012024-10-3110994246ns14:PoundSterling2023-11-012024-10-3110994246ns10:Director12023-11-012024-10-3110994246ns10:Director22023-11-012024-10-3110994246ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3110994246ns10:SmallEntities2023-11-012024-10-3110994246ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3110994246ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3110994246ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3110994246ns10:FullAccounts2023-11-012024-10-311099424612023-11-012024-10-3110994246ns10:RegisteredOffice2023-11-012024-10-3110994246ns5:CurrentFinancialInstruments2024-10-3110994246ns5:CurrentFinancialInstruments2023-10-3110994246ns5:Non-currentFinancialInstruments2024-10-3110994246ns5:Non-currentFinancialInstruments2023-10-3110994246ns5:ShareCapital2024-10-3110994246ns5:ShareCapital2023-10-3110994246ns5:SharePremium2024-10-3110994246ns5:SharePremium2023-10-3110994246ns5:RetainedEarningsAccumulatedLosses2024-10-3110994246ns5:RetainedEarningsAccumulatedLosses2023-10-3110994246ns5:PlantMachinery2023-11-012024-10-3110994246ns5:IntangibleAssetsOtherThanGoodwill2023-10-3110994246ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3110994246ns5:IntangibleAssetsOtherThanGoodwill2024-10-3110994246ns5:IntangibleAssetsOtherThanGoodwill2023-10-3110994246ns5:PlantMachinery2023-10-3110994246ns5:PlantMachinery2024-10-3110994246ns5:PlantMachinery2023-10-3110994246ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3110994246ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 10994246 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Junkshon Limited

Junkshon Limited (Registered number: 10994246)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 5


Junkshon Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J M Campbell
M J Southgate





REGISTERED OFFICE: Pippins
Cherry Drive
Forty Green
Beaconsfield
HP9 1XP





REGISTERED NUMBER: 10994246 (England and Wales)





ACCOUNTANTS: Friends.Tax LLP
Pippins
Cherry Drive
Forty Green
Beaconsfield
Buckinghamshire
HP9 1XP

Junkshon Limited (Registered number: 10994246)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 474,501 660,928
Tangible assets 5 - 443
474,501 661,371

CURRENT ASSETS
Debtors 6 30,229 39,455
Cash at bank 2,139 21,948
32,368 61,403
CREDITORS
Amounts falling due within one
year

7

37,287

20,849
NET CURRENT (LIABILITIES)/ASSETS (4,919 ) 40,554
TOTAL ASSETS LESS CURRENT
LIABILITIES

469,582

701,925

CREDITORS
Amounts falling due after more
than one year

8

-

(28,787

)

PROVISIONS FOR LIABILITIES - (24,328 )
NET ASSETS 469,582 648,810

Junkshon Limited (Registered number: 10994246)

Balance Sheet - continued
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 46,368 46,368
Share premium 1,243,999 1,243,999
Retained earnings (820,785 ) (641,557 )
469,582 648,810

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 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.

Junkshon Limited (Registered number: 10994246)

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 Income Statement has not been delivered.

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




M J Southgate - Director



J M Campbell - Director


Junkshon Limited (Registered number: 10994246)

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

1. STATUTORY INFORMATION

Junkshon 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
The accounts are prepared on a going concern basis. Having regard to the Company's performance to date, the stage of growth of the company and the future plans of the directors, at the time of signing the accounts, the directors consider the company to be a going concern. Despite having made a loss in the accounting period the company finished the year in a net current asset position. The directors are in discussions about raising further investment to support the ongoing growth of the company in the coming year.

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 etc - straight line over 3 years and 25% - 33.3% on 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 balance sheet date.


Junkshon Limited (Registered number: 10994246)

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

2. ACCOUNTING POLICIES - continued
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.

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.

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.

Development costs are being amortised evenly over their estimated useful life
of five to ten years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

Junkshon Limited (Registered number: 10994246)

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

4. INTANGIBLE FIXED ASSETS
Other
intangibl
assets
£   
COST
At 1 November 2023 1,116,807
Additions 12,492
At 31 October 2024 1,129,299
AMORTISATION
At 1 November 2023 455,879
Charge for year 198,919
At 31 October 2024 654,798
NET BOOK VALUE
At 31 October 2024 474,501
At 31 October 2023 660,928

Junkshon Limited (Registered number: 10994246)

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

5. TANGIBLE FIXED ASSETS
Plant an
machine
etc
£   
COST
At 1 November 2023
and 31 October 2024 14,950
DEPRECIATION
At 1 November 2023 14,507
Charge for year 443
At 31 October 2024 14,950
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 443

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.10.24 31.10.23
£    £   
Trade debtors 19,800 4,800
Other debtors 10,429 34,655
30,229 39,455

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other creditors 37,287 20,849

Junkshon Limited (Registered number: 10994246)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.10.24 31.10.23
£    £   
Other creditors - 28,787