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REGISTERED NUMBER: 06553882 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

J & J Virtue (Artists) Limited

J & J Virtue (Artists) Limited (Registered number: 06553882)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J & J Virtue (Artists) Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Mrs Jenny Virtue
Mr. John Alexander Virtue





REGISTERED OFFICE: Meadow Cottage
Tower Hill
Much Hadham
Hertfordshire
SG10 6DL





REGISTERED NUMBER: 06553882 (England and Wales)





ACCOUNTANTS: MABCO Ltd T/A Maurice Braganza & Co
19 Lewis Road
Richmond
Surrey
TW10 6SA

J & J Virtue (Artists) Limited (Registered number: 06553882)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34 42
34 42

CURRENT ASSETS
Debtors 6 620 199
Cash at bank 62,862 67,028
63,482 67,227
CREDITORS
Amounts falling due within one year 7 3,858 4,548
NET CURRENT ASSETS 59,624 62,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,658

62,721

CREDITORS
Amounts falling due after more than one year 8 36 453
NET ASSETS 59,622 62,268

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 59,522 62,168
59,622 62,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

J & J Virtue (Artists) Limited (Registered number: 06553882)

Balance Sheet - continued
30 April 2023


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 28 September 2023 and were signed on its behalf by:





Mr. John Alexander Virtue - Director


J & J Virtue (Artists) Limited (Registered number: 06553882)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

J & J Virtue (Artists) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

J & J Virtue (Artists) Limited (Registered number: 06553882)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 225,000
AMORTISATION
At 1 May 2022
and 30 April 2023 225,000
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2022
and 30 April 2023 798
DEPRECIATION
At 1 May 2022 756
Charge for year 8
At 30 April 2023 764
NET BOOK VALUE
At 30 April 2023 34
At 30 April 2022 42

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
VAT - 199
Tax 620 -
620 199

J & J Virtue (Artists) Limited (Registered number: 06553882)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax - 1,828
Other creditors 1,233 -
Accrued expenses 2,625 2,720
3,858 4,548

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Directors Current Account 36 453