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REGISTERED NUMBER: 12274061 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

J&F Bulk Solutions Ltd

J&F Bulk Solutions Ltd (Registered number: 12274061)






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


J&F Bulk Solutions Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M J F Brennand
P C Lawson





REGISTERED OFFICE: High Meadows
Low Jobs Hill
Crook
Durham
DL15 9AB





REGISTERED NUMBER: 12274061 (England and Wales)





ACCOUNTANTS: CM Sewell & Company
53 Welby Drive
Ushaw Moor
Durham
Co. Durham
DH7 7GA

J&F Bulk Solutions Ltd (Registered number: 12274061)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 832,933 758,310

CURRENT ASSETS
Debtors 5 298,974 303,086
Cash at bank 11,862 58,831
310,836 361,917
CREDITORS
Amounts falling due within one year 6 524,198 386,884
NET CURRENT LIABILITIES (213,362 ) (24,967 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

619,571

733,343

CREDITORS
Amounts falling due after more than one
year

7

(414,740

)

(509,005

)

PROVISIONS FOR LIABILITIES (19,762 ) (24,228 )
NET ASSETS 185,069 200,110

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 185,067 200,108
SHAREHOLDERS' FUNDS 185,069 200,110

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.

J&F Bulk Solutions Ltd (Registered number: 12274061)

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 February 2025 and were signed on its behalf by:





M J F Brennand - Director


J&F Bulk Solutions Ltd (Registered number: 12274061)

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

1. STATUTORY INFORMATION

J&F Bulk Solutions Ltd 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 etc - 33% on reducing balance, 20% on reducing balance and 10% on reducing balance

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.

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.

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.

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.

J&F Bulk Solutions Ltd (Registered number: 12274061)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 940,532
Additions 234,288
Disposals (22,000 )
At 31 October 2024 1,152,820
DEPRECIATION
At 1 November 2023 182,222
Charge for year 145,942
Eliminated on disposal (8,277 )
At 31 October 2024 319,887
NET BOOK VALUE
At 31 October 2024 832,933
At 31 October 2023 758,310

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023 925,725
Additions 231,088
Disposals (22,000 )
At 31 October 2024 1,134,813
DEPRECIATION
At 1 November 2023 175,702
Charge for year 143,499
Eliminated on disposal (8,277 )
At 31 October 2024 310,924
NET BOOK VALUE
At 31 October 2024 823,889
At 31 October 2023 750,023

J&F Bulk Solutions Ltd (Registered number: 12274061)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 200,315 239,476
Other debtors 98,659 63,610
298,974 303,086

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 256,907 187,062
Trade creditors 185,023 149,084
Taxation and social security 45,662 18,660
Other creditors 26,606 22,078
524,198 386,884

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 5,833 15,833
Hire purchase contracts 408,907 493,172
414,740 509,005