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REGISTERED NUMBER: 00487525 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

W. & J. JARVIS LIMITED

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W. & J. JARVIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: M A W Jarvis
A.D. Jarvis





SECRETARY: M A W Jarvis





REGISTERED OFFICE: Redwood
Beaconsfield Road
Chelwood Gate
Haywards Heath
Sussex
RH17 7LG





REGISTERED NUMBER: 00487525 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,803,041 1,200,478
Investments 5 139,112 204,088
1,942,153 1,404,566

CURRENT ASSETS
Debtors 6 20,581 -
Cash at bank 280,233 359,301
300,814 359,301
CREDITORS
Amounts falling due within one year 7 71,943 65,738
NET CURRENT ASSETS 228,871 293,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,171,024

1,698,129

PROVISIONS FOR LIABILITIES 179,056 77,401
NET ASSETS 1,991,968 1,620,728

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Other reserves 8 2,812 2,812
Fair value reserve 8 1,359,179 925,810
Retained earnings 8 599,977 662,106
SHAREHOLDERS' FUNDS 1,991,968 1,620,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

BALANCE SHEET - continued
31 DECEMBER 2022


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 27 October 2023 and were signed on its behalf by:





M A W Jarvis - Director


W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

W. & J. Jarvis 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Investment properties are included at fair value. Revaluation surpluses are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Listed investments are included at fair value, .

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST OR VALUATION
At 1 January 2022 1,200,000 6,620 1,206,620
Additions - 3,497 3,497
Revaluations 600,000 - 600,000
At 31 December 2022 1,800,000 10,117 1,810,117
DEPRECIATION
At 1 January 2022 - 6,142 6,142
Charge for year - 934 934
At 31 December 2022 - 7,076 7,076
NET BOOK VALUE
At 31 December 2022 1,800,000 3,041 1,803,041
At 31 December 2021 1,200,000 478 1,200,478

The investment freehold property was valued by the directors on a fair value basis as at 31 December 2022.

On historical basis these would have been included at an original cost of £376,830 ( 2021: £376,830).

Computer equipment is stated at cost.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2022 204,088
Revaluations (64,976 )
At 31 December 2022 139,112
NET BOOK VALUE
At 31 December 2022 139,112
At 31 December 2021 204,088

The fixed asset investments are stated at their fair value as at 31 December 2022.

On historical basis these would have been included at an original cost of £30,048 ( 2021: £30,048).

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 10,754 -
Directors' current accounts 9,827 -
20,581 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 37,750 36,250
Tax 10,208 12,396
Social security and other taxes 1 2,982
Other creditors 20,384 -
Directors' current accounts - 10,810
Accrued expenses 3,600 3,300
71,943 65,738

8. RESERVES
Fair
Retained Other value
earnings reserves reserve Totals
£    £    £    £   

At 1 January 2022 662,106 2,812 925,810 1,590,728
Profit for the year 479,240 479,240
Dividends (108,000 ) (108,000 )
Unrealised fair value gain (433,369 ) - 433,369 -
At 31 December 2022 599,977 2,812 1,359,179 1,961,968

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
M A W Jarvis
Balance outstanding at start of year (10,810 ) (6,970 )
Amounts advanced 20,637 (3,840 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,827 (10,810 )

The director has repaid the loan made by the company of £9,827 (see note 8) by 30 September 2023.

W. & J. JARVIS LIMITED (REGISTERED NUMBER: 00487525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


10. RELATED PARTY DISCLOSURES

During the year, total dividends of £27,000 (2021 - £54,000) were paid to the directors .