J Tranter Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11881116 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

J TRANTER LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mrs J A Tranter

REGISTERED OFFICE:

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

REGISTERED NUMBER:

11881116 (England and Wales)

ACCOUNTANTS:

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

BANKERS:

NatWest

Merry Hill Centre

Brierley Hill

West Midlands

DY1 1LW

FIXED ASSETS

Tangible assets

4

31,565

2,600

CURRENT ASSETS

Debtors

6,110

3,994

Cash at bank

19,946

10,002

26,056

13,996

CREDITORS

Amounts falling due within one year

13,323

14,785

NET CURRENT ASSETS/(LIABILITIES)

12,733

(789

)

TOTAL ASSETS LESS CURRENT LIABILITIES

44,298

1,811

CREDITORS

Amounts falling due after more than one year

(23,503

)

-

PROVISIONS FOR LIABILITIES

5

(5,997

)

(494

)

NET ASSETS

14,798

1,317

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

14,698

1,217

SHAREHOLDERS' FUNDS

14,798

1,317

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 director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2023 and were signed by:

Mrs J A Tranter - Director

1.	STATUTORY INFORMATION

J Tranter 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

4,067

Additions

32,169

At 31 March 2023

36,236

DEPRECIATION

At 1 April 2022

1,467

Charge for year

3,204

At 31 March 2023

4,671

NET BOOK VALUE

At 31 March 2023

31,565

At 31 March 2022

2,600

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

32,169

At 31 March 2023

32,169

DEPRECIATION

Charge for year

2,490

At 31 March 2023

2,490

NET BOOK VALUE

At 31 March 2023

29,679

5.	PROVISIONS FOR LIABILITIES

2023

2022

£

£

Deferred tax

5,997

494

Deferred

tax

£

Balance at 1 April 2022

494

Provided during year

5,503

Balance at 31 March 2023

5,997

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

21 September 2023