Juice Personnel Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04604046 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Juice Personnel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L M Mortimer

Mrs S K Smith

SECRETARY:

Mrs S K Smith

REGISTERED OFFICE:

Offices 5 and 6, The Junction

Charles Street

Horbury

Wakefield

West Yorkshire

WF4 5FH

REGISTERED NUMBER:

04604046 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

26,022

34,936

CURRENT ASSETS

Debtors

5

658,058

823,316

Cash at bank and in hand

28,754

13,701

686,812

837,017

CREDITORS

Amounts falling due within one year

6

638,626

758,079

NET CURRENT ASSETS

48,186

78,938

TOTAL ASSETS LESS CURRENT LIABILITIES

74,208

113,874

CREDITORS

Amounts falling due after more than one year

7

(42,162

)

(55,502

)

PROVISIONS FOR LIABILITIES

(4,389

)

(6,047

)

NET ASSETS

27,657

52,325

CAPITAL AND RESERVES

Called up share capital

1,024

1,024

Retained earnings

26,633

51,301

SHAREHOLDERS' FUNDS

27,657

52,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 August 2023 and were signed on its behalf by:

Mrs S K Smith - Director

1.	STATUTORY INFORMATION

Juice Personnel Limited 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.

Short leasehold

-

33% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 102 (2022 - 103 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2022

2,465

24,742

29,678

56,885

Additions

-

3,431

-

3,431

At 31 March 2023

2,465

28,173

29,678

60,316

DEPRECIATION

At 1 April 2022

1,338

18,138

2,473

21,949

Charge for year

456

1,996

9,893

12,345

At 31 March 2023

1,794

20,134

12,366

34,294

NET BOOK VALUE

At 31 March 2023

671

8,039

17,312

26,022

At 31 March 2022

1,127

6,604

27,205

34,936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

648,949

822,906

Amounts owed by associates

116

116

Directors' loan accounts

6,896

-

Prepayments

2,097

294

658,058

823,316

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans and overdrafts (see note 8)

10,000

10,000

Hire purchase contracts (see note 9)

3,341

3,341

Trade creditors

4,868

4,160

Factoring account

255,284

284,156

Tax

29,879

28,121

Social security and other tax

76,443

84,468

VAT

155,273

179,734

Other creditors

12,415

12,500

Wages control

-

50,835

Directors' loan accounts

29,723

29,164

Accrued expenses

61,400

71,600

638,626

758,079

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans (see note 8)

22,500

32,500

Hire purchase contracts (see note 9)

19,662

23,002

42,162

55,502

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.23

31.3.22

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between two and five years:

Bank loans - 1-5 years

22,500

32,500

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

31.3.23

31.3.22

£

£

Net obligations repayable:

Within one year

3,341

3,341

Between one and five years

19,662

23,002

23,003

26,343

Non-cancellable

operating leases

31.3.23

31.3.22

£

£

Within one year

20,034

3,564

Between one and five years

54,431

3,905

74,465

7,469

10.	SECURED DEBTS

Close Brothers Limited hold a fixed and floating charge over all assets of the company.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors, amounts falling due within one year, is a loan from the director of £29,723 (2022 - £29,164). The loan is interest free and repayable on demand.

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23

31.3.22

£

£

Director 1

Balance outstanding at start of year

(1,160

)

(13,241

)

Amounts advanced

64,306

68,331

Amounts repaid

(56,250

)

(56,250

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,896

(1,160

)