J & R 2018 LIMITED

J & R 2018 LIMITED

J & R 2018 LIMITED - Company Information

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1 September 2020 false No description of principal activity Taxfiler 2022.4.1 SC607607business:PrivateLimitedCompanyLtd2020-09-012021-08-31 SC6076072020-08-31 SC6076072020-09-012021-08-31 SC607607business:AuditExempt-NoAccountantsReport2020-09-012021-08-31 SC607607business:FullAccounts2020-09-012021-08-31 SC6076072021-08-31 SC607607business:Director12020-09-012021-08-31 SC607607business:RegisteredOffice2020-09-012021-08-31 SC6076072020-08-31 SC607607core:WithinOneYear2021-08-31 SC607607core:WithinOneYear2020-08-31 SC607607core:AfterOneYear2021-08-31 SC607607core:AfterOneYear2020-08-31 SC607607core:ShareCapital2021-08-31 SC607607core:ShareCapital2020-08-31 SC607607core:RetainedEarningsAccumulatedLosses2021-08-31 SC607607core:RetainedEarningsAccumulatedLosses2020-08-31 SC607607business:SmallEntities2020-09-012021-08-31 SC607607countries:Scotland2020-09-012021-08-31 SC607607core:PlantMachinery2020-09-012021-08-31 SC607607core:Goodwill2020-08-31 SC607607core:Goodwill2021-08-31 SC607607core:Goodwill2020-09-012021-08-31 SC607607core:PlantMachinery2020-08-31 SC607607core:PlantMachinery2021-08-31 SC6076072019-09-012020-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC607607 (Scotland)
J & R 2018 LIMITED Unaudited accounts for the year ended 31 August 2021
J & R 2018 LIMITED Unaudited accounts Contents
Page
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J & R 2018 LIMITED Company Information for the year ended 31 August 2021
Director
Jennifer Margaret Provan
Company Number
SC607607 (Scotland)
Registered Office
0/1 20 HYNDLAND ROAD GLASGOW G12 9UP SCOTLAND
Accountants
ValueAdd Business Solutions 22 Montrose Street Glasgow Lanarkshire G1 1RE
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J & R 2018 LIMITED Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
23,400 
26,000 
Tangible assets
5
9,171 
12,602 
32,571 
38,602 
Current assets
Inventories
2,500 
2,500 
Debtors
6
5,082 
121 
Cash at bank and in hand
35,937 
172 
43,519 
2,793 
Creditors: amounts falling due within one year
7
(48,097)
(52,749)
Net current liabilities
(4,578)
(49,956)
Total assets less current liabilities
27,993 
(11,354)
Creditors: amounts falling due after more than one year
8
(40,000)
- 
Net liabilities
(12,007)
(11,354)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(12,009)
(11,356)
Shareholders' funds
(12,007)
(11,354)
For the year ending 31 August 2021 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 April 2022 and were signed on its behalf by
Jennifer Margaret Provan Director Company Registration No. SC607607
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J & R 2018 LIMITED Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
J & R 2018 LIMITED is a private company, limited by shares, registered in Scotland, registration number SC607607. The registered office is 0/1 20 HYNDLAND ROAD, GLASGOW, G12 9UP, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2020
26,000 
At 31 August 2021
26,000 
Amortisation
At 1 September 2020
- 
Charge for the year
2,600 
At 31 August 2021
2,600 
Net book value
At 31 August 2021
23,400 
At 31 August 2020
26,000 
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J & R 2018 LIMITED Notes to the Accounts for the year ended 31 August 2021
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2020
13,695 
Additions
5,361 
At 31 August 2021
19,056 
Depreciation
At 1 September 2020
1,093 
Charge for the year
8,792 
At 31 August 2021
9,885 
Net book value
At 31 August 2021
9,171 
At 31 August 2020
12,602 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
1,818 
- 
Trade debtors
3,264 
121 
5,082 
121 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
5,151 
Trade creditors
7,146 
2,032 
Taxes and social security
1,506 
2,169 
Other creditors
3,586 
42,897 
Loans from directors
34,659 
- 
Accruals
1,200 
500 
48,097 
52,749 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
40,000 
- 
9
Average number of employees
During the year the average number of employees was 23 (2020: 23).
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