J & J EXPRESS LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11079456

J & J EXPRESS LIMITED

Filleted Unaudited Financial Statements

31 December 2024

J & J EXPRESS LIMITED

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	5	4,817	5,590

Current assets

Stocks		18,000	15,000
Debtors	6	12,589	21,661
Cash at bank and in hand		672	993
		--------	--------
		31,261	37,654

Creditors: amounts falling due within one year	7	12,541	15,488
		--------	--------
Net current assets		18,720	22,166
		--------	--------
Total assets less current liabilities		23,537	27,756

Creditors: amounts falling due after more than one year	8	2,188	7,880
		--------	--------
Net assets		21,349	19,876
		--------	--------

J & J EXPRESS LIMITED

Statement of Financial Position (continued)

31 December 2024

	2024	2023
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	21,249	19,776
	--------	--------
Shareholders funds	21,349	19,876
	--------	--------

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 31 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 .

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr P Selvarajah
Director

Company registration number: 11079456

J & J EXPRESS LIMITED

Notes to the Financial Statements

Year ended 31 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 46 The Ridgeway, North Harrow, Middlesex, HA2 7QN.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Fixtures and fittings	-	20% reducing balance
Motor vehicles	-	20% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2023: 4 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2024	8,177	3,000	11,177
Additions	431	–	431
	-------	-------	--------
At 31 December 2024	8,608	3,000	11,608
	-------	-------	--------
Depreciation
At 1 January 2024	4,987	600	5,587
Charge for the year	724	480	1,204
	-------	-------	--------
At 31 December 2024	5,711	1,080	6,791
	-------	-------	--------
Carrying amount
At 31 December 2024	2,897	1,920	4,817
	-------	-------	--------
At 31 December 2023	3,190	2,400	5,590
	-------	-------	--------

6. Debtors

	2024	2023
	£	£
Other debtors	12,589	21,661
	--------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	6,000	5,000
Trade creditors	4,466	1,151
Corporation tax	1,052	4,107
Social security and other taxes	415	1,770
Other creditors	608	3,460
	--------	--------
	12,541	15,488
	--------	--------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	2,188	7,880
	-------	-------