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COMPANY REGISTRATION NUMBER: 06408935

G P Jackson Ltd

Filleted Unaudited Financial Statements

Year ended

30 December 2024

G P Jackson Ltd

Financial Statements

Year ended 30 December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

G P Jackson Ltd

Statement of Financial Position

30 December 2024

| 2024 | 2023
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 2,250 |  | 3,000
Tangible assets | 6 |  | 657 |  | 724
|  | ------- |  | -------
|  | 2,907 |  | 3,724

Current assets

Debtors | 7 | 19,500 |  | 22,000 |
Cash at bank and in hand | 11,246 |  | 4,275 |
| -------- |  | -------- |
| 30,746 |  | 26,275 |

Creditors: amounts falling due within one year | 8 | 20,725 |  | 18,181 |
| -------- |  | -------- |
Net current assets |  | 10,021 |  | 8,094
|  | -------- |  | --------
Total assets less current liabilities |  | 12,928 |  | 11,818

Creditors: amounts falling due after more than one year | 9 |  | 5,914 |  | 9,967
|  | -------- |  | --------
Net assets |  | 7,014 |  | 1,851
|  | -------- |  | --------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 6,914 |  | 1,751
|  | ------- |  | -------
Shareholders funds |  | 7,014 |  | 1,851
|  | ------- |  | -------

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 30 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 .

G P Jackson Ltd

Statement of Financial Position (continued)

30 December 2024
These financial statements were approved by the board of directors and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

Mr G P Jackson |
Director |

Company registration number: 06408935

G P Jackson Ltd

Notes to the Financial Statements

Year ended 30 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 30 Coupland Road, Selby, North Yorkshire, YO8 3AY, England.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis. (c) Revenue recognition The turnover shown in the profit and loss account represents the amount invoiced during the year. (d) Current & deferred 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 be paid or recovered 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. (e) 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 | - | 5% 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. (f) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. (g) 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:

| Equipment | - | 10% straight line

(h) 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.
(i) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities .
(j) Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 31 December 2023 and 30 December 2024 | 15,000
| --------
Amortisation |
At 31 December 2023 | 12,000
Charge for the year | 750
| --------
At 30 December 2024 | 12,750
| --------
Carrying amount |
At 30 December 2024 | 2,250
| --------
At 30 December 2023 | 3,000
| --------

6. Tangible assets

| Equipment | Total
| £ | £
Cost |  |
At 31 December 2023 and 30 December 2024 | 1,921 | 1,921
| ------- | -------
Depreciation |  |
At 31 December 2023 | 1,197 | 1,197
Charge for the year | 67 | 67
| ------- | -------
At 30 December 2024 | 1,264 | 1,264
| ------- | -------
Carrying amount |  |
At 30 December 2024 | 657 | 657
| ------- | -------
At 30 December 2023 | 724 | 724
| ------- | -------

7. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 19,500 | 22,000
| -------- | --------

8. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 964 | 143
Corporation tax | 1,402 | 747
Other creditors | 18,359 | 17,291
| -------- | --------
| 20,725 | 18,181
| -------- | --------

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

| 2024 | 2023
| £ | £
Bank loans and overdrafts | 5,914 | 9,967
| ------- | -------

10. Related party transactions
The director maintained his director's current account in credit during the year, and the balance owed to him by the company at the year end was £ 18,359 ,(2023 £17,291).