Company registration number 10166083 (England and Wales)
JUSTENDO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
JUSTENDO LTD
COMPANY INFORMATION
Director
Mr J P Dinley
Secretary
Mr J P Dinley
Company number
10166083
Registered office
248 Derby Road
Chaddesden
Derby
DE21 6RW
Accountants
Azets
Badger House
Salisbury Road
Blandford Forum
Dorset
DT11 7QD
JUSTENDO LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
JUSTENDO LTD
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
435,122
176,715
Current assets
Stocks
12,562
7,617
Debtors
4
26,805
12,945
Cash at bank and in hand
13,314
19,304
52,681
39,866
Creditors: amounts falling due within one year
5
(174,358)
(125,258)
Net current liabilities
(121,677)
(85,392)
Total assets less current liabilities
313,445
91,323
Creditors: amounts falling due after more than one year
6
(312,173)
(90,459)
Net assets
1,272
864
Capital and reserves
Called up share capital
4
4
Profit and loss reserves
1,268
860
Total equity
1,272
864

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 11 October 2025
Mr J P Dinley
Director
Company Registration No. 10166083
JUSTENDO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

Justendo Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 248 Derby Road, Chaddesden, Derby, DE21 6RW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. Turnover is reduced for customer returns and other similar allowances.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably,

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% reducing balance
Computers
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

JUSTENDO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
9
7
JUSTENDO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 June 2024
381,069
10,779
391,848
Additions
334,228
8,390
342,618
Disposals
(32,700)
-
0
(32,700)
At 31 May 2025
682,597
19,169
701,766
Depreciation and impairment
At 1 June 2024
208,100
7,033
215,133
Depreciation charged in the year
71,175
3,034
74,209
Eliminated in respect of disposals
(22,698)
-
0
(22,698)
At 31 May 2025
256,577
10,067
266,644
Carrying amount
At 31 May 2025
426,020
9,102
435,122
At 31 May 2024
172,969
3,746
176,715
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
200
Other debtors
26,805
7,745
Prepayments and accrued income
-
0
5,000
26,805
12,945
5
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans
70,696
37,537
Other borrowings
4,000
-
0
Trade creditors
17,945
14,433
Corporation tax
52,639
52,639
Other taxation and social security
8,706
5,905
Deferred income
7
125
-
0
Other creditors
900
2,027
Accruals and deferred income
19,347
12,717
174,358
125,258
JUSTENDO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
312,173
90,459
7
Deferred income
2025
2024
£
£
Other deferred income
125
-
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