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Company Registration No. 04597231 (England and Wales)
TERRY JARNELL LIMITED Unaudited accounts for the year ended 31 January 2023
TERRY JARNELL LIMITED Unaudited accounts Contents
Page
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TERRY JARNELL LIMITED Company Information for the year ended 31 January 2023
Directors
TERENCE DAVID JARNELL CRAIG STEPHEN THORNTON
Company Number
04597231 (England and Wales)
Registered Office
23 Neile Close Lincoln LN2 4RT
Accountants
CST ACCOUNTANCY SERVICES LTD 14 Winthorpe Close Lincoln LN6 3PQ
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TERRY JARNELL LIMITED Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
606 
808 
Current assets
Inventories
500 
500 
Debtors
564 
- 
Cash at bank and in hand
3,983 
11,938 
5,047 
12,438 
Creditors: amounts falling due within one year
(2,713)
(2,560)
Net current assets
2,334 
9,878 
Total assets less current liabilities
2,940 
10,686 
Creditors: amounts falling due after more than one year
(12,504)
(30,450)
Net liabilities
(9,564)
(19,764)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(9,664)
(19,864)
Shareholders' funds
(9,564)
(19,764)
For the year ending 31 January 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
TERENCE DAVID JARNELL Director Company Registration No. 04597231
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TERRY JARNELL LIMITED Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
TERRY JARNELL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04597231. The registered office is 23 Neile Close, Lincoln, LN2 4RT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
32,000 
At 31 January 2023
32,000 
Amortisation
At 1 February 2022
32,000 
At 31 January 2023
32,000 
Net book value
At 31 January 2023
- 
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TERRY JARNELL LIMITED Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
2,786 
17,021 
19,807 
At 31 January 2023
2,786 
17,021 
19,807 
Depreciation
At 1 February 2022
2,286 
16,713 
18,999 
Charge for the year
125 
77 
202 
At 31 January 2023
2,411 
16,790 
19,201 
Net book value
At 31 January 2023
375 
231 
606 
At 31 January 2022
500 
308 
808 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
564 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
405 
400 
Taxes and social security
2,308 
2,160 
2,713 
2,560 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
12,360 
30,450 
Taxes and social security
144 
- 
12,504 
30,450 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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