NC @ JF LIMITED

NC @ JF LIMITED

NC @ JF LIMITED - Company Information

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NC @ JF LIMITED

Company Registration Number:
11469774 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

NC @ JF LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Balance sheet
Notes

NC @ JF LIMITED

Balance sheet

As at 30 September 2022


Notes
2022
2021


£
£
Current assets
Stocks: 22,249 14,984
Debtors:   59,641 54,764
Cash at bank and in hand: 250,615 210,797
Total current assets: 332,505 280,545
Creditors: amounts falling due within one year:   (305,460) (307,678)
Net current assets (liabilities): 27,045 (27,133)
Total assets less current liabilities: 27,045 (27,133)
Creditors: amounts falling due after more than one year:   (35,000) (46,240)
Total net assets (liabilities): (7,955) (73,373)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (7,957) (73,375)
Shareholders funds: (7,955) (73,373)

The notes form part of these financial statements

NC @ JF LIMITED

Balance sheet statements

For the year ending 30 September 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 June 2023
and signed on behalf of the board by:

Name: C Loizou
Status: Director

The notes form part of these financial statements

NC @ JF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the fair value of the considerationreceived or receivable from the provision of services and sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebases and discounts. Turnover is recognised when the services have been carried out, and when products are received by the customer.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

NC @ JF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

2. Employees

2022 2021
Average number of employees during the period 31 32

NC @ JF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Related party transactions

Name of the related party: John Freida Salons
Relationship:
An entity which has joint control over the company
Description of the Transaction: Provision of financial assistance
£
Balance at 01 October 2021 140,890
Balance at 30 September 2022 112,842