REGISTERED NUMBER: 09497961 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2026

FOR

J&K COMMERCIALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

J K Williams

K Staples

REGISTERED OFFICE:

Unit 4 Teps Yard

Freightliner Road

Hull

East Yorkshire

HU3 4XL

REGISTERED NUMBER:

09497961 (England and Wales)

FIXED ASSETS

Tangible assets

4

6,163

7,996

CURRENT ASSETS

Debtors

5

32,149

17,376

Cash at bank

11,174

12,067

43,323

29,443

CREDITORS

Amounts falling due within one year

6

48,014

36,960

NET CURRENT LIABILITIES

(4,691

)

(7,517

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,472

479

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

1,372

379

SHAREHOLDERS' FUNDS

1,472

479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2026 and were signed on its behalf by:

J K Williams - Director

1.	STATUTORY INFORMATION

J&K Commercials 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st June 2025

and 31st May 2026

16,359

47,615

63,974

DEPRECIATION

At 1st June 2025

13,037

42,941

55,978

Charge for year

1,169

664

1,833

At 31st May 2026

14,206

43,605

57,811

NET BOOK VALUE

At 31st May 2026

2,153

4,010

6,163

At 31st May 2025

3,322

4,674

7,996

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

32,149

17,376

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

11,840

7,532

Corporation tax

11,402

10,010

Social security and other taxes

7,483

5,567

Other creditors

1,000

-

Directors' current accounts

15,364

12,956

Accruals and deferred income

925

895

48,014

36,960

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1st June 2025

379

Profit for the year

44,993

Dividends

(44,000

)

At 31st May 2026

1,372

9.	ULTIMATE CONTROLLING PARTY

For both the current and the previous year, the company was under the control of its directors.