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REGISTERED NUMBER: 07462286 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

S Jowett Limited

S Jowett Limited (Registered number: 07462286)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S Jowett Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr S N Jowett





SECRETARY: Mr B S Tank





REGISTERED OFFICE: C/o Tank Jowett
2 Lakeside Drive
First Central 200
London
NW10 7FQ





REGISTERED NUMBER: 07462286 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

S Jowett Limited (Registered number: 07462286)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 189,977 156,028
Cash at bank 8,362 11,067
198,339 167,095
CREDITORS
Amounts falling due within one year 5 72,670 81,050
NET CURRENT ASSETS 125,669 86,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,669

86,045

CREDITORS
Amounts falling due after more than one
year

6

24,967

34,870
NET ASSETS 100,702 51,175

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 100,701 51,174
SHAREHOLDERS' FUNDS 100,702 51,175

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2023 and were signed by:




Mr S N Jowett - Director


S Jowett Limited (Registered number: 07462286)

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

1. STATUTORY INFORMATION

S Jowett 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,245 -
Directors' current accounts 186,732 156,028
189,977 156,028

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,851 8,629
Tax 48,263 55,915
Social security and other taxes - 1,561
VAT 14,086 13,473
Accruals and deferred income 1,470 1,472
72,670 81,050

S Jowett Limited (Registered number: 07462286)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 9,887 9,639
Bank loans - 2-5 years 15,080 25,231
24,967 34,870

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Mr S N Jowett
Balance outstanding at start of year 156,028 108,048
Amounts advanced 243,777 193,769
Amounts repaid (213,073 ) (145,789 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 186,732 156,028

Interest was charged on the director's advances at HM Revenue & Customs official rate of interest of 2% per annum.

The outstanding advances were repaid within nine months of the year end.