J & F PRECISION (SUNDERLAND) LIMITED

J & F PRECISION (SUNDERLAND) LIMITED

J & F PRECISION (SUNDERLAND) LIMITED - Company Information

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1 December 2021 false No description of principal activity Taxfiler 2022.11.1 07841411business:PrivateLimitedCompanyLtd2021-12-012022-11-30 078414112021-11-30 078414112021-12-012022-11-30 07841411business:AuditExempt-NoAccountantsReport2021-12-012022-11-30 07841411business:FullAccounts2021-12-012022-11-30 078414112022-11-30 07841411business:Director12021-12-012022-11-30 07841411business:RegisteredOffice2021-12-012022-11-30 078414112021-11-30 07841411core:WithinOneYear2022-11-30 07841411core:WithinOneYear2021-11-30 07841411core:ShareCapital2022-11-30 07841411core:ShareCapital2021-11-30 07841411core:RetainedEarningsAccumulatedLosses2022-11-30 07841411core:RetainedEarningsAccumulatedLosses2021-11-30 07841411business:SmallEntities2021-12-012022-11-30 07841411countries:EnglandWales2021-12-012022-11-30 07841411core:PlantMachinery2021-11-30 07841411core:MotorVehicles2021-11-30 07841411core:PlantMachinery2022-11-30 07841411core:MotorVehicles2022-11-30 07841411core:PlantMachinery2021-12-012022-11-30 07841411core:MotorVehicles2021-12-012022-11-30 07841411business:OrdinaryShareClass12021-12-012022-11-30 07841411business:OrdinaryShareClass12020-12-012021-11-30 078414112020-12-012021-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07841411 (England and Wales)
J & F PRECISION (SUNDERLAND) LIMITED Unaudited accounts for the year ended 30 November 2022
J & F PRECISION (SUNDERLAND) LIMITED Unaudited accounts Contents
Page
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J & F PRECISION (SUNDERLAND) LIMITED Company Information for the year ended 30 November 2022
Director
Mr Peter James
Company Number
07841411 (England and Wales)
Registered Office
unit 4a rivergreen ind estate pallion Sunderland Tyne and Wear sr4 6ad
Accountants
Thompson Accountancy Services (Sunderland) Limited 33 Mere Knolls Road Roker Sunderland Tyne&Wear SR6 9LG
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J & F PRECISION (SUNDERLAND) LIMITED Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
54,985 
67,056 
Current assets
Inventories
4,200 
4,200 
Debtors
5
7,508 
32,189 
Cash at bank and in hand
107,255 
135,141 
118,963 
171,530 
Creditors: amounts falling due within one year
6
(20,822)
(84,591)
Net current assets
98,141 
86,939 
Net assets
153,126 
153,995 
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
153,026 
153,895 
Shareholders' funds
153,126 
153,995 
For the year ending 30 November 2022 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 his 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 20 January 2023 and were signed on its behalf by
Mr Peter James Director Company Registration No. 07841411
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J & F PRECISION (SUNDERLAND) LIMITED Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
J & F PRECISION (SUNDERLAND) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07841411. The registered office is unit 4a rivergreen ind estate , pallion, Sunderland, Tyne and Wear, sr4 6ad.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2021
349,372 
43,629 
393,001 
At 30 November 2022
349,372 
43,629 
393,001 
Depreciation
At 1 December 2021
292,391 
33,554 
325,945 
Charge for the year
10,257 
1,814 
12,071 
At 30 November 2022
302,648 
35,368 
338,016 
Net book value
At 30 November 2022
46,724 
8,261 
54,985 
At 30 November 2021
56,981 
10,075 
67,056 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,508 
32,189 
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J & F PRECISION (SUNDERLAND) LIMITED Notes to the Accounts for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
3,321 
Taxes and social security
8,339 
18,795 
Loans from directors
12,483 
62,475 
20,822 
84,591 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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