Just4Access Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08094955 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2021

for

Just4Access Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Cragg

REGISTERED OFFICE:

Parkview

23 Wadham Street

Weston-super-Mare

Somerset

BS23 1JZ

REGISTERED NUMBER:

08094955 (England and Wales)

ACCOUNTANTS:

P W John & Co

Parkview

23 Wadham Street

Weston-super-Mare

Somerset

BS23 1JZ

FIXED ASSETS

Tangible assets

4

660,045

489,121

CURRENT ASSETS

Stocks

10,154

10,154

Debtors

5

288,597

271,039

Cash at bank and in hand

31,278

100

330,029

281,293

CREDITORS

Amounts falling due within one year

6

(389,595

)

(437,545

)

NET CURRENT LIABILITIES

(59,566

)

(156,252

)

TOTAL ASSETS LESS CURRENT LIABILITIES

600,479

332,869

CREDITORS

Amounts falling due after more than one year

7

(369,840

)

(199,688

)

NET ASSETS

230,639

133,181

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

230,539

133,081

230,639

133,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 June 2022 and were signed by:

N Cragg - Director

1.	STATUTORY INFORMATION

Just4Access Ltd 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

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2020

663,162

1,500

28,567

693,229

Additions

406,330

399

46,000

452,729

Disposals

(198,583

)

-

-

(198,583

)

At 30 September 2021

870,909

1,899

74,567

947,375

DEPRECIATION

At 1 October 2020

186,937

656

16,515

204,108

Charge for year

68,398

311

14,513

83,222

At 30 September 2021

255,335

967

31,028

287,330

NET BOOK VALUE

At 30 September 2021

615,574

932

43,539

660,045

At 30 September 2020

476,225

844

12,052

489,121

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

248,799

246,605

Other debtors

39,798

24,434

288,597

271,039

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans and overdrafts

-

6,946

Hire purchase contracts

163,478

242,000

Trade creditors

137,141

158,169

Taxation and social security

83,506

25,036

Other creditors

5,470

5,394

389,595

437,545

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans

46,809

50,000

Hire purchase contracts

323,031

149,688

369,840

199,688

8.

RESERVES

Retained

earnings

£

At 1 October 2020

133,081

Profit for the year

142,958

Dividends

(45,500

)

At 30 September 2021

230,539

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2021 and 30 September 2020:

30.9.21

30.9.20

£

£

N Cragg

Balance outstanding at start of year

24,434

17,785

Amounts advanced

-

6,649

Amounts repaid

(24,434

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

24,434