Juice Personnel Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04604046

Unaudited Financial Statements for the Year Ended 31 March 2021

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:

Unit 7 Silkwood Park

Ossett

West Yorkshire

WF5 9TJ

REGISTERED NUMBER:

04604046

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

9,141

11,339

CURRENT ASSETS

Debtors

5

716,344

489,483

Cash at bank and in hand

87,800

7,148

804,144

496,631

CREDITORS

Amounts falling due within one year

6

732,158

470,856

NET CURRENT ASSETS

71,986

25,775

TOTAL ASSETS LESS CURRENT LIABILITIES

81,127

37,114

CREDITORS

Amounts falling due after more than one year

7

(40,833

)

-

PROVISIONS FOR LIABILITIES

(1,108

)

(1,000

)

NET ASSETS

39,186

36,114

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

38,186

35,114

SHAREHOLDERS' FUNDS

39,186

36,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 30 September 2021 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 Not specified/Other. 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

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 70 (2020 - 135 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 April 2020

1,315

23,693

25,008

Additions

-

891

891

At 31 March 2021

1,315

24,584

25,899

DEPRECIATION

At 1 April 2020

365

13,304

13,669

Charge for year

438

2,651

3,089

At 31 March 2021

803

15,955

16,758

NET BOOK VALUE

At 31 March 2021

512

8,629

9,141

At 31 March 2020

950

10,389

11,339

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

713,816

481,795

Amounts owed by associates

58

-

Prepayments

2,470

7,688

716,344

489,483

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Bank loans and overdrafts (see note 8)

9,167

-

Trade creditors

33,537

37,409

Factoring account

403,373

223,670

Tax

48,925

23,679

Social security and other taxes

39,926

24,428

Pension liability

-

912

VAT

109,822

109,893

Wages control

27,514

15,721

Directors' loan accounts

26,815

13,588

Accrued expenses

33,079

21,556

732,158

470,856

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.21

31.3.20

£

£

Bank loans (see note 8)

40,833

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - over 5 years

833

-

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.21

31.3.20

£

£

Amounts falling due within one year or on demand:

Bank loans

9,167

-

Amounts falling due between two and five years:

Bank loans - 1-5 years

40,000

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - over 5 years

833

-

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.21

31.3.20

£

£

Within one year

6,939

8,808

Between one and five years

3,212

6,372

10,151

15,180

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 £26,815 (2020 - 13,588). The loan is interest free and repayable on demand.