Company Registration No. 07825379 (England and Wales)
J & A LEISURE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
PAGES FOR FILING WITH REGISTRAR
J & A LEISURE LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
J & A LEISURE LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF J & A LEISURE LIMITED FOR THE YEAR ENDED 31 OCTOBER 2022
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J & A Leisure Limited for the year ended 31 October 2022 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of J & A Leisure Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J & A Leisure Limited and state those matters that we have agreed to state to the Board of Directors of J & A Leisure Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J & A Leisure Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that J & A Leisure Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of J & A Leisure Limited. You consider that J & A Leisure Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of J & A Leisure Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ormerod Rutter Limited
29 September 2023
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
J & A LEISURE LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2022
31 October 2022
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2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
30,548
24,575
Cash at bank and in hand
4,128
11,521
34,676
36,096
Creditors: amounts falling due within one year
4
(14,144)
(7,685)
Net current assets
20,532
28,411
Creditors: amounts falling due after more than one year
5
(21,290)
(29,169)
Net liabilities
(758)
(758)
Capital and reserves
Called up share capital
7
100
100
Share premium account
160
160
Profit and loss reserves
(1,018)
(1,018)
Total equity
(758)
(758)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 29 September 2023.
Mr J D Whyte
Director
Company Registration No. 07825379
J & A LEISURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
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1
Accounting policies
Company information
J & A Leisure Limited is a private company limited by shares incorporated in England and Wales. The registered office is Cherrytrees, 2A Church Road, Astwood Bank, Redditch, Worcestershire, B96 6EH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 0 (2021 - 0).
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
30,548
24,575
4
Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans and overdrafts
14,144
7,685
5
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
21,290
29,169
J & A LEISURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
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6
Secured debts
The following secured debts are included within creditors:
2022
2021
£
£
Bank overdrafts
6,265
Bank loans
29,169
36,854
35,434
36,854
Bank loans are secured by way of a government-backed guarantee.
7
Called up share capital
2022
2021
£
£
Ordinary share capital
Issued and fully paid
70 Ordinary A of £1 each
70
70
20 Ordinary B of £1 each
20
20
10 Ordinary C of £1 each
10
10
100
100
8
Ultimate controlling party
The ultimate controlling party is Mr J D Whyte.