J & F PRECISION (SUNDERLAND) LIMITED

J & F PRECISION (SUNDERLAND) LIMITED

J & F PRECISION (SUNDERLAND) LIMITED - Company Information

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1 December 2020 false No description of principal activity Taxfiler 2021.20 07841411business:PrivateLimitedCompanyLtd2020-12-012021-11-30 078414112020-11-30 078414112020-12-012021-11-30 07841411business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 07841411business:FullAccounts2020-12-012021-11-30 078414112021-11-30 07841411business:Director12020-12-012021-11-30 07841411business:RegisteredOffice2020-12-012021-11-30 078414112020-11-30 07841411core:WithinOneYear2021-11-30 07841411core:WithinOneYear2020-11-30 07841411core:ShareCapital2021-11-30 07841411core:ShareCapital2020-11-30 07841411core:RetainedEarningsAccumulatedLosses2021-11-30 07841411core:RetainedEarningsAccumulatedLosses2020-11-30 07841411business:SmallEntities2020-12-012021-11-30 07841411countries:EnglandWales2020-12-012021-11-30 07841411core:PlantMachinery2020-11-30 07841411core:MotorVehicles2020-11-30 07841411core:PlantMachinery2020-12-012021-11-30 07841411core:MotorVehicles2020-12-012021-11-30 07841411core:PlantMachinery2021-11-30 07841411core:MotorVehicles2021-11-30 07841411business:OrdinaryShareClass12020-12-012021-11-30 07841411business:OrdinaryShareClass12019-12-012020-11-30 078414112019-12-012020-11-30 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 2021
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 2021
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 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
67,056 
69,489 
Current assets
Inventories
4,200 
4,200 
Debtors
5
32,189 
11,089 
Cash at bank and in hand
135,141 
92,539 
171,530 
107,828 
Creditors: amounts falling due within one year
6
(84,591)
(80,267)
Net current assets
86,939 
27,561 
Net assets
153,995 
97,050 
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
153,895 
96,950 
Shareholders' funds
153,995 
97,050 
For the year ending 30 November 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 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 2 February 2021 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 2021
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 2020
349,372 
26,837 
376,209 
Additions
- 
16,792 
16,792 
At 30 November 2021
349,372 
43,629 
393,001 
Depreciation
At 1 December 2020
279,883 
26,837 
306,720 
Charge for the year
12,508 
6,717 
19,225 
At 30 November 2021
292,391 
33,554 
325,945 
Net book value
At 30 November 2021
56,981 
10,075 
67,056 
At 30 November 2020
69,489 
- 
69,489 
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J & F PRECISION (SUNDERLAND) LIMITED Notes to the Accounts for the year ended 30 November 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
32,189 
10,926 
Other debtors
- 
163 
32,189 
11,089 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
3,321 
2,883 
Taxes and social security
18,795 
7,635 
Accrued preference dividends
- 
1,830 
Loans from directors
62,475 
67,919 
84,591 
80,267 
7
Share capital
2021 
2020 
£ 
£ 
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 (2020: 0).
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