2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 20,500 20,500 20,500 20,500 xbrli:pure xbrli:shares iso4217:GBP 07101823 2024-01-01 2024-12-31 07101823 2024-12-31 07101823 2023-12-31 07101823 2023-01-01 2023-12-31 07101823 2023-12-31 07101823 2022-12-31 07101823 core:NetGoodwill 2024-01-01 2024-12-31 07101823 core:MotorVehicles 2024-01-01 2024-12-31 07101823 core:NetGoodwill 2023-12-31 07101823 core:MotorVehicles 2023-12-31 07101823 core:WithinOneYear 2024-12-31 07101823 core:WithinOneYear 2023-12-31 07101823 core:ShareCapital 2024-12-31 07101823 core:ShareCapital 2023-12-31 07101823 core:RetainedEarningsAccumulatedLosses 2024-12-31 07101823 core:RetainedEarningsAccumulatedLosses 2023-12-31 07101823 core:MotorVehicles 2023-12-31 07101823 bus:Director1 2024-01-01 2024-12-31 07101823 bus:SmallEntities 2024-01-01 2024-12-31 07101823 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07101823 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07101823 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07101823 bus:FullAccounts 2024-01-01 2024-12-31 07101823 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 07101823 core:FurnitureFittingsToolsEquipment 2023-12-31
COMPANY REGISTRATION NUMBER: 07101823

Jack Errock Limited

Filleted Unaudited Financial Statements

31 December 2024

Jack Errock Limited

Financial Statements

Year ended 31st December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Jack Errock Limited

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £

Fixed assets

Tangible assets | 6 |  | – | 865

Current assets

Debtors | 7 | 14,168 |  | 6,171
Cash at bank and in hand | 111 |  | 637
| -------- |  | -------
| 14,279 |  | 6,808

Creditors: amounts falling due within one year | 8 | 1,032 |  | 2,899
| -------- |  | -------
Net current assets |  | 13,247 | 3,909
|  | -------- | -------
Total assets less current liabilities |  | 13,247 | 4,774

Provisions

Taxation including deferred tax |  | – | 164
|  | -------- | -------
Net assets |  | 13,247 | 4,610
|  | -------- | -------

Capital and reserves

Called up share capital |  | 1 | 1
Profit and loss account |  | 13,246 | 4,609
|  | -------- | -------
Shareholders funds |  | 13,247 | 4,610
|  | -------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Jack Errock Limited

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:
D. S. Errock
Director
Company registration number: 07101823

Jack Errock Limited

Notes to the Financial Statements

Year ended 31st December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260/268 Chapel Street, Salford, Manchester, M3 5JZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Motor vehicles | - | 25% reducing balance
| Equipment | - | 15% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Particulars of employees
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1st January 2024 | 20,500
Additions | –
Disposals | ( 20,500)
| --------
At 31st December 2024 | –
| --------
Amortisation |
At 1st January 2024 | 20,500
Charge for the year | –
Disposals | ( 20,500)
| --------
At 31st December 2024 | –
| --------
Carrying amount |
At 31st December 2024 | –
| --------
At 31st December 2023 | –
| --------

6. Tangible assets

| Motor vehicles | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1st January 2024 | 6,954 | 1,098 | 8,052
Disposals | ( 6,954) | ( 1,098) | ( 8,052)
| ------- | ------- | -------
At 31st December 2024 | – | – | –
| ------- | ------- | -------
Depreciation |  |  |
At 1st January 2024 | 6,562 | 625 | 7,187
Disposals | ( 6,562) | ( 625) | ( 7,187)
| ------- | ------- | -------
At 31st December 2024 | – | – | –
| ------- | ------- | -------
Carrying amount |  |  |
At 31st December 2024 | – | – | –
| ------- | ------- | -------
At 31st December 2023 | 392 | 473 | 865
| ------- | ------- | -------

7. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 14,168 | 3,716
Other debtors | – | 2,455
| -------- | -------
| 14,168 | 6,171
| -------- | -------

8. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | – | 1,494
Social security and other taxes | – | 438
Other creditors | 1,032 | 967
| ------- | -------
| 1,032 | 2,899
| ------- | -------

9. Director's advances, credits and guarantees

|  | 31 Dec 24 | 31 Dec 23
|  | £ | £
| Director loan accounts | 72 | 7
|  | ---- | ----