Company Registration No. 7688632 (England and Wales)
J. Sloane Limited
Unaudited accounts
for the year ended 30 June 2022
J. Sloane Limited
Unaudited accounts
Contents
J. Sloane Limited
Company Information
for the year ended 30 June 2022
Company Number
7688632 (England and Wales)
Registered Office
1 West Street
Lewes
East Sussex
BN7 2NZ
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
J. Sloane Limited
Statement of financial position
as at 30 June 2022
Cash at bank and in hand
3,989
4,453
Creditors: amounts falling due within one year
(5,256)
(5,043)
Net current (liabilities)/assets
(276)
223
Net (liabilities)/assets
(276)
223
Called up share capital
1
1
Profit and loss account
(277)
222
Shareholders' funds
(276)
223
For the year ending 30 June 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 August 2022 and were signed on its behalf by
J Sloane
Director
Company Registration No. 7688632
J. Sloane Limited
Notes to the Accounts
for the year ended 30 June 2022
J. Sloane Limited is a private company, limited by shares, registered in England and Wales, registration number 7688632. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors: amounts falling due within one year
2022
2021
Accrued income and prepayments
436
415
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
59
-
Loans from directors
4,447
4,174
J. Sloane Limited
Notes to the Accounts
for the year ended 30 June 2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).