IRIS Accounts Production v23.3.0.418 12780464 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure127804642022-03-31127804642023-03-31127804642022-04-012023-03-31127804642021-03-31127804642021-04-012022-03-31127804642022-03-3112780464ns16:EnglandWales2022-04-012023-03-3112780464ns15:PoundSterling2022-04-012023-03-3112780464ns11:Director12022-04-012023-03-3112780464ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3112780464ns11:SmallEntities2022-04-012023-03-3112780464ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3112780464ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112780464ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3112780464ns11:FullAccounts2022-04-012023-03-311278046412022-04-012023-03-3112780464ns11:Director22022-04-012023-03-3112780464ns11:RegisteredOffice2022-04-012023-03-3112780464ns6:CurrentFinancialInstruments2023-03-3112780464ns6:CurrentFinancialInstruments2022-03-3112780464ns6:ShareCapital2023-03-3112780464ns6:ShareCapital2022-03-3112780464ns6:RetainedEarningsAccumulatedLosses2023-03-3112780464ns6:RetainedEarningsAccumulatedLosses2022-03-3112780464ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112780464ns6:ComputerSoftware2022-04-012023-03-3112780464ns6:PlantMachinery2022-04-012023-03-3112780464ns6:FurnitureFittings2022-04-012023-03-3112780464ns6:MotorVehicles2022-04-012023-03-3112780464ns6:ComputerEquipment2022-04-012023-03-3112780464ns6:ComputerSoftware2022-03-3112780464ns6:ComputerSoftware2023-03-3112780464ns6:ComputerSoftware2022-03-3112780464ns6:PlantMachinery2022-03-3112780464ns6:FurnitureFittings2022-03-3112780464ns6:MotorVehicles2022-03-3112780464ns6:ComputerEquipment2022-03-3112780464ns6:PlantMachinery2023-03-3112780464ns6:FurnitureFittings2023-03-3112780464ns6:MotorVehicles2023-03-3112780464ns6:ComputerEquipment2023-03-3112780464ns6:PlantMachinery2022-03-3112780464ns6:FurnitureFittings2022-03-3112780464ns6:MotorVehicles2022-03-3112780464ns6:ComputerEquipment2022-03-3112780464ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3112780464ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3112780464ns11:Director112022-03-3112780464ns11:Director112021-03-3112780464ns11:Director112022-04-012023-03-3112780464ns11:Director112021-04-012022-03-3112780464ns11:Director112023-03-3112780464ns11:Director112022-03-31127804642ns11:Director22022-03-31127804642ns11:Director22021-03-31127804642ns11:Director22022-04-012023-03-31127804642ns11:Director22021-04-012022-03-31127804642ns11:Director22023-03-31127804642ns11:Director22022-03-31
REGISTERED NUMBER: 12780464 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 March 2023

for

Jaxon Rose Limited

Jaxon Rose Limited (Registered number: 12780464)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Jaxon Rose Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: J J Wilbur
I Lacey





REGISTERED OFFICE: The Enterprise Centre
Dawson Lane
Barwell
Leicester
England
LE9 8BE





REGISTERED NUMBER: 12780464 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Jaxon Rose Limited


The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jaxon Rose Limited for the year ended 31 March 2023 which comprise the Income Statement, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Jaxon Rose 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 Jaxon Rose Limited and state those matters that we have agreed to state to the Board of Directors of Jaxon Rose Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jaxon Rose Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Jaxon Rose 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 profit of Jaxon Rose Limited. You consider that Jaxon Rose 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 Jaxon Rose 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.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


29 September 2023

Jaxon Rose Limited (Registered number: 12780464)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,500 1,700
Tangible assets 5 9,733 10,334
11,233 12,034

CURRENT ASSETS
Debtors 6 32,251 25,643
Cash at bank 73,151 75,192
105,402 100,835
CREDITORS
Amounts falling due within one year 7 104,363 99,381
NET CURRENT ASSETS 1,039 1,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,272

13,488

PROVISIONS FOR LIABILITIES 2,432 1,963
NET ASSETS 9,840 11,525

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 9,640 11,325
SHAREHOLDERS' FUNDS 9,840 11,525

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 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.

Jaxon Rose Limited (Registered number: 12780464)

Balance Sheet - continued
31 March 2023


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 29 September 2023 and were signed on its behalf by:





J J Wilbur - Director


Jaxon Rose Limited (Registered number: 12780464)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Jaxon Rose 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 10% straight line basis
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line basis

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.


Jaxon Rose Limited (Registered number: 12780464)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1 April 2022
and 31 March 2023 2,000
AMORTISATION
At 1 April 2022 300
Amortisation for year 200
At 31 March 2023 500
NET BOOK VALUE
At 31 March 2023 1,500
At 31 March 2022 1,700

Jaxon Rose Limited (Registered number: 12780464)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 - - 12,750 1,534 14,284
Additions 779 1,821 - - 2,600
At 31 March 2023 779 1,821 12,750 1,534 16,884
DEPRECIATION
At 1 April 2022 - - 3,188 762 3,950
Charge for year 117 182 2,391 511 3,201
At 31 March 2023 117 182 5,579 1,273 7,151
NET BOOK VALUE
At 31 March 2023 662 1,639 7,171 261 9,733
At 31 March 2022 - - 9,562 772 10,334

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 15,200 11,000
Other debtors - 500
Directors' current accounts 16,193 13,698
Prepayments and accrued income 858 445
32,251 25,643

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 18,299 30,849
Corporation tax 14,488 7,505
VAT 7,421 10,479
Other creditors 12,000 -
Directors' current accounts 2 2
Accruals and deferred income 52,153 50,546
104,363 99,381

Jaxon Rose Limited (Registered number: 12780464)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully
paid:

Number: Class: Nominal 31.03.22 31.03.21
value: £ £
75 Ordinary A £1 26 75
25 Ordinary B £1 25 25
75 Ordinary C £1 124 75
25 Ordinary D £1 25 25

200 200

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
J J Wilbur
Balance outstanding at start of year - -
Amounts advanced 9,998 -
Amounts repaid (10,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2 ) -

I Lacey
Balance outstanding at start of year 13,698 -
Amounts advanced 30,193 37,503
Amounts repaid (27,698 ) (23,805 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,193 13,698

The above loan is interest free and repayable on demand.