REGISTERED NUMBER: 04218517 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

JORDAN ANDREWS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I Stavrinou

S Stavrinou

REGISTERED OFFICE:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

04218517 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Tangible assets

4

597,020

603,733

CURRENT ASSETS

Stocks and WIP

1,370,402

1,331,164

Debtors

5

135,547

81,412

Cash at bank and in hand

14,819

29,064

1,520,768

1,441,640

CREDITORS

Amounts falling due within one year

6

1,243,772

1,365,119

NET CURRENT ASSETS

276,996

76,521

TOTAL ASSETS LESS CURRENT LIABILITIES

874,016

680,254

CREDITORS

Amounts falling due after more than one year

7

(446,338

)

(308,211

)

PROVISIONS FOR LIABILITIES

8

(144,594

)

(148,894

)

NET ASSETS

283,084

223,149

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

253,084

193,149

SHAREHOLDERS' FUNDS

283,084

223,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 12 September 2025 and were signed on its behalf by:

S Stavrinou - Director

1.	STATUTORY INFORMATION

Jordan Andrews 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 10 years

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

22,344

928,575

238,496

Additions

-

70,769

-

Disposals

-

-

-

At 31 December 2024

22,344

999,344

238,496

DEPRECIATION

At 1 January 2024

14,187

380,829

201,156

Charge for year

2,234

61,852

7,468

Eliminated on disposal

-

-

-

At 31 December 2024

16,421

442,681

208,624

NET BOOK VALUE

At 31 December 2024

5,923

556,663

29,872

At 31 December 2023

8,157

547,746

37,340

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

165,370

10,940

1,365,725

Additions

-

1,843

72,612

Disposals

(12,950

)

-

(12,950

)

At 31 December 2024

152,420

12,783

1,425,387

DEPRECIATION

At 1 January 2024

158,740

7,080

761,992

Charge for year

-

1,141

72,695

Eliminated on disposal

(6,320

)

-

(6,320

)

At 31 December 2024

152,420

8,221

828,367

NET BOOK VALUE

At 31 December 2024

-

4,562

597,020

At 31 December 2023

6,630

3,860

603,733

Short Leasehold is amortised over the term of the lease, being 10 years.

5.

DEBTORS

31/12/24

31/12/23

£

£

Amounts falling due within one year:

Trade debtors

107,297

53,839

Other debtors

11,250

10,573

118,547

64,412

Amounts falling due after more than one year:

Rent deposit

17,000

17,000

Aggregate amounts

135,547

81,412

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

89,155

378,369

Hire purchase contracts

60,153

81,287

Trade creditors

645,578

514,825

Taxation and social security

333,392

307,672

Other creditors

115,494

82,966

1,243,772

1,365,119

The bank facilities are secured by a debenture over the company's assets and personal guarantees by the directors of the company.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans

300,038

173,274

Hire purchase contracts

91,419

80,056

Other creditors

54,881

54,881

446,338

308,211

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instalments

199,695

47,757

8.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

Accelerated capital allowances

144,594

120,924

Tax losses carried forward

-

27,970

144,594

148,894

Deferred tax

£

Balance at 1 January 2024

148,894

Provided during year

(4,300

)

Balance at 31 December 2024

144,594