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Registered number: 06219254
JJR Associates Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Hayward Wright
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06219254
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,912 37,511
Tangible Assets 5 188,647 217,846
216,559 255,357
CURRENT ASSETS
Stocks 6 5,948 5,948
Debtors 7 75,796 91,233
Cash at bank and in hand 194,613 282,352
276,357 379,533
Creditors: Amounts Falling Due Within One Year 8 (380,554 ) (362,510 )
NET CURRENT ASSETS (LIABILITIES) (104,197 ) 17,023
TOTAL ASSETS LESS CURRENT LIABILITIES 112,362 272,380
Creditors: Amounts Falling Due After More Than One Year 9 (71,141 ) (115,302 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,397 ) (38,084 )
NET ASSETS 23,824 118,994
CAPITAL AND RESERVES
Called up share capital 11 4 4
Profit and Loss Account 23,820 118,990
SHAREHOLDERS' FUNDS 23,824 118,994
Page 1
Page 2
For the year ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J R Osborne
Director
28 October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JJR Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06219254 . The registered office is 1 Burns Close, Headless Cross, Redditch, Worcestershire, B97 5BS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Computer software is amortised to the profit and loss account over its estimated economic life of ten years.
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Patents and licenses assets are amortised to the profit and loss account over its estimated economic life of 10 years.
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.7. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 87 (2024: 93)
87 93
4. Intangible Assets
Goodwill Other Intellectual Property Total
£ £ £ £
Cost
As at 1 February 2024 104,484 8,856 9,636 122,976
As at 31 January 2025 104,484 8,856 9,636 122,976
Amortisation
As at 1 February 2024 73,484 6,199 5,782 85,465
Provided during the period 7,750 886 963 9,599
As at 31 January 2025 81,234 7,085 6,745 95,064
Net Book Value
As at 31 January 2025 23,250 1,771 2,891 27,912
As at 1 February 2024 31,000 2,657 3,854 37,511
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 208,028 9,000 448,500 33,655 699,183
Additions - - 5,089 - 5,089
As at 31 January 2025 208,028 9,000 453,589 33,655 704,272
Depreciation
As at 1 February 2024 167,271 7,740 289,784 16,542 481,337
Provided during the period 6,212 252 25,078 2,746 34,288
As at 31 January 2025 173,483 7,992 314,862 19,288 515,625
Net Book Value
As at 31 January 2025 34,545 1,008 138,727 14,367 188,647
As at 1 February 2024 40,757 1,260 158,716 17,113 217,846
6. Stocks
2025 2024
£ £
Stock 5,948 5,948
7. Debtors
2025 2024
£ £
Due within one year
Other debtors 75,796 91,233
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 163,420 168,511
Bank loans and overdrafts 44,649 72,510
Other creditors 17,268 15,794
Taxation and social security 155,217 105,695
380,554 362,510
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 1-2 years 37,308 44,649
Bank loans - 2-5 years 33,833 70,653
71,141 115,302
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2024 38,084 38,084
Deferred taxation (20,687 ) (20,687 )
Balance at 31 January 2025 17,397 17,397
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
Page 5