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REGISTERED NUMBER: 09454280 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

5 Eye Jay UK Limited

5 Eye Jay UK Limited (Registered number: 09454280)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


5 Eye Jay UK Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mrs Katherine Ingram-Johnson
Mr Ian Roger Ingram-Johnson





REGISTERED OFFICE: Central Office, Cobweb Buildings
The Lane
Lyford
Wanatge
OX12 0EE





REGISTERED NUMBER: 09454280 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

5 Eye Jay UK Limited (Registered number: 09454280)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 276 403
Investment property 5 4,215,000 4,510,000
4,215,276 4,510,403

CURRENT ASSETS
Debtors 6 46,629 41,124
Prepayments and accrued income - 1,490
Cash at bank 201,448 138,973
248,077 181,587
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

7

(4,741,805

)

(4,732,266

)
NET CURRENT LIABILITIES (4,493,728 ) (4,550,679 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(278,452

)

(40,276

)

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE
YEAR


8


(327,550


)


(327,551


)
NET LIABILITIES (606,002 ) (367,827 )

5 Eye Jay UK Limited (Registered number: 09454280)

Balance Sheet - continued
31 January 2023

2023 2022
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 (757,906 ) (462,906 )
Retained earnings 9 151,804 94,979
(606,002 ) (367,827 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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.

Approved and authorised by the Board of Directors and authorised for issue on 20 June 2023 and were signed on its behalf by:





Mrs Katherine Ingram-Johnson - Director


5 Eye Jay UK Limited (Registered number: 09454280)

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

1. STATUTORY INFORMATION

5 Eye Jay UK 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 as modified by the revaluation of certain assets.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is shown at most recent valuation. Any Aggregate surplus or deficit arising from changes in fair value are recognised separately in reserves.

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.

3. EMPLOYEES AND DIRECTORS

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

5 Eye Jay UK Limited (Registered number: 09454280)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2022
and 31 January 2023 71,215
DEPRECIATION
At 1 February 2022 70,812
Charge for year 127
At 31 January 2023 70,939
NET BOOK VALUE
At 31 January 2023 276
At 31 January 2022 403

5. INVESTMENT PROPERTY

The directors have re-valued the Investment properties and the properties have decreased in value by a total of £757,906. This loss is unavailable for utilisation and is not distributable.

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2021 (462,906 )
Valuation in 2023 (295,000 )
Cost 4,972,906
4,215,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,253 5,688
Other debtors 37,376 35,436
46,629 41,124

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,843 14,843
Taxation and social security 13,359 12,332
Other creditors 4,713,603 4,705,091
4,741,805 4,732,266

5 Eye Jay UK Limited (Registered number: 09454280)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 327,550 327,551

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 327,550 -

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 February 2022 94,979 (462,906 ) (367,927 )
Profit for the year 56,825 - 56,825
Revaluation on Investments - (295,000 ) (295,000 )
At 31 January 2023 151,804 (757,906 ) (606,102 )

The fair value reserve of a loss of £757,906 represents a loss in the valuation on investment property and is not available for distribution of profits or use as a loss.