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
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
TERRY JARNELL LIMITED
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
3,983
11,938
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)
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
TERRY JARNELL LIMITED
Notes to the Accounts
for the year ended 31 January 2023
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.
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.
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
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
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
At 31 January 2023
375
231
606
At 31 January 2022
500
308
808
Amounts falling due within one year
Accrued income and prepayments
564
-
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,308
2,160
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
12,360
30,450
Taxes and social security
144
-
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).