Silverfin false 28/02/2023 01/03/2022 28/02/2023 Mr P J Claydon 13/02/2009 12 September 2023 The principal activity of the Company during the financial year was town planning consultancy. 06818941 2023-02-28 06818941 bus:Director1 2023-02-28 06818941 2022-02-28 06818941 core:CurrentFinancialInstruments 2023-02-28 06818941 core:CurrentFinancialInstruments 2022-02-28 06818941 core:ShareCapital 2023-02-28 06818941 core:ShareCapital 2022-02-28 06818941 core:RetainedEarningsAccumulatedLosses 2023-02-28 06818941 core:RetainedEarningsAccumulatedLosses 2022-02-28 06818941 core:OfficeEquipment 2022-02-28 06818941 core:OfficeEquipment 2023-02-28 06818941 bus:OrdinaryShareClass1 2023-02-28 06818941 2022-03-01 2023-02-28 06818941 bus:FullAccounts 2022-03-01 2023-02-28 06818941 bus:SmallEntities 2022-03-01 2023-02-28 06818941 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06818941 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 06818941 bus:Director1 2022-03-01 2023-02-28 06818941 core:OfficeEquipment 2022-03-01 2023-02-28 06818941 2021-03-01 2022-02-28 06818941 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 06818941 bus:OrdinaryShareClass1 2021-03-01 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06818941 (England and Wales)

JIM CLAYDON LIMITED

Unaudited Financial Statements
For the financial year ended 28 February 2023
Pages for filing with the registrar

JIM CLAYDON LIMITED

Unaudited Financial Statements

For the financial year ended 28 February 2023

Contents

JIM CLAYDON LIMITED

COMPANY INFORMATION

For the financial year ended 28 February 2023
JIM CLAYDON LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 28 February 2023
DIRECTOR Mr P J Claydon
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Park Avenue
Taunton
TA1 2PX
United Kingdom
COMPANY NUMBER 06818941 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
JIM CLAYDON LIMITED

BALANCE SHEET

As at 28 February 2023
JIM CLAYDON LIMITED

BALANCE SHEET (continued)

As at 28 February 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 0 1,071
0 1,071
Current assets
Debtors 4 2,247 1,347
Cash at bank and in hand 22,196 39,629
24,443 40,976
Creditors: amounts falling due within one year 5 ( 3,197) ( 7,946)
Net current assets 21,246 33,030
Total assets less current liabilities 21,246 34,101
Provision for liabilities 0 ( 203)
Net assets 21,246 33,898
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account 21,244 33,896
Total shareholder's funds 21,246 33,898

For the financial year ending 28 February 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Jim Claydon Limited (registered number: 06818941) were approved and authorised for issue by the Director on 12 September 2023. They were signed on its behalf by:

Mr P J Claydon
Director
JIM CLAYDON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
JIM CLAYDON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jim Claydon Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The Company ceased trading on 28 February 2023. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The director has included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. The company recognises revenue when services have been provided.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 March 2022 2,255 2,255
Additions 670 670
Disposals ( 2,925) ( 2,925)
At 28 February 2023 0 0
Accumulated depreciation
At 01 March 2022 1,184 1,184
Charge for the financial year 365 365
Disposals ( 1,549) ( 1,549)
At 28 February 2023 0 0
Net book value
At 28 February 2023 0 0
At 28 February 2022 1,071 1,071

4. Debtors

2023 2022
£ £
Trade debtors 0 815
Prepayments 0 532
Corporation tax 2,247 0
2,247 1,347

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to director 1,247 5,977
Accruals 1,950 1,700
Taxation and social security 0 269
3,197 7,946

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2