J L Black (Good Clothes) Limited Filleted accounts for Companies House (small and micro)
J L Black (Good Clothes) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
00525799
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Financial Statements |
Year ended 31 January 2023
Contents |
Pages |
Balance sheet |
1 to 2 |
Notes to the financial statements |
3 to 7 |
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Balance Sheet |
2023 |
2022 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Net assets |
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Capital and reserves
Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Balance Sheet (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
18 September 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
00525799
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Notes to the Financial Statements |
Year ended 31 January 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales, registration number
00525799
. The address of the registered office is 1 Pepper Street, Newcastle-under-Lyme, Staffordshire, ST5 1PR.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Monetary amounts in these financial statements are rounded to the nearest £.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Operating leases
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold Property |
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Fixtures, Fittings and equipment |
- |
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Impairment of fixed assets
Stocks
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
11
(2022:
11
).
5.
Tangible assets
Leasehold Property |
Fixtures, fittings and equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 February 2022 |
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Additions |
– |
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Disposals |
– |
(
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(
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At 31 January 2023 |
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Depreciation |
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At 1 February 2022 |
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Charge for the year |
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Disposals |
– |
(
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(
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At 31 January 2023 |
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Carrying amount |
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At 31 January 2023 |
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At 31 January 2022 |
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6.
Debtors
2023 |
2022 |
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£ |
£ |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
– |
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Social security and other taxes |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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9.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2023 |
2022 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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Later than 5 years |
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10.
Directors' advances, credits and guarantees
During the year the directors have maintained a current account with the company, the total balance on this account at the start of the year was £19,813 (2022 - £15,073) and the total balance at the year end was £11,970 (2022 - £19,813). Total advances were £7,593 (2022 - £194,072) and total monies repaid were £15,436 (2022 - £189,332). The advances were on an interest free basis.