| Registered Number:07831960 |
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2024
J P Sports Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
J P Sports Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
15,949
137,811
36,050
36,050
2
51,999
173,861
1,088,837
1,021,087
3
| Trade and other receivables |
437,031
522,834
4
15,188
| Cash and cash equivalents |
15,188
1,559,109
1,541,056
| Trade and other payables: amounts falling due within one year |
(661,992)
(689,735)
5
879,064
869,374
Net current assets
| Total assets less current liabilities |
921,373
1,052,925
| Trade and other payables: amounts falling due after more than one year |
(492,401)
(228,446)
6
692,927
Net assets
560,524
11
11
692,916
560,513
692,927
560,524
Shareholders' funds
| For the year ended 30 November 2024 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 25 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 November 2024
J P Sports Limited
Notes to the Financial Statements
Statutory Information
| J P Sports Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 07831960. |
| Principal place of business: |
Churchgate House
Rectory Lane
Battlesbridge
Essex
SS11 7QR
26A
Mill Road
Burnham-On-Crouch
Essex
CM0 8PZ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 30 November 2024
J P Sports Limited
Notes to the Financial Statements Continued
| 2. Investments held as fixed assets |
Other investments
36,050
36,050
36,050
36,050
36,050
36,050
36,050
36,050
2023
2024
1,021,087
1,088,837
| 4. Trade and other receivables |
2023
2024
175,626
129,584
| Amounts owed by group undertakings and participating interests |
344,058
304,297
3,150
3,150
437,031
522,834
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
141,059
121,374
308,266
87,143
| Taxation and social security |
38,136
76,652
202,274
376,823
689,735
661,992
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For the year ended 30 November 2024
J P Sports Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
5,565
15,635
| Amounts owed to group undertaking and undertaking in which the company has a |
| participating interest |
206,881
284,678
16,000
192,088
228,446
492,401
| 7. Average number of persons employed |
During the year the average number of employees was 0
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