IRIS Accounts Production v23.3.0.418 04705032 director 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047050322022-03-31047050322023-03-31047050322022-04-012023-03-31047050322021-03-31047050322021-04-012022-03-31047050322022-03-3104705032ns10:Originalns15:EnglandWales2022-04-012023-03-3104705032ns14:PoundSterlingns10:Original2022-04-012023-03-3104705032ns10:Originalns10:Director12022-04-012023-03-3104705032ns10:Original2022-04-012023-03-3104705032ns10:Original2023-03-3104705032ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104705032ns10:Originalns10:SmallEntities2022-04-012023-03-3104705032ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104705032ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104705032ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104705032ns10:Originalns10:FullAccounts2022-04-012023-03-3104705032ns10:Original12022-04-012023-03-3104705032ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3104705032ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104705032ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104705032ns10:Original2022-03-3104705032ns10:Originalns5:CurrentFinancialInstruments2023-03-3104705032ns10:Originalns5:CurrentFinancialInstruments2022-03-3104705032ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104705032ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104705032ns5:ShareCapitalns10:Original2023-03-3104705032ns5:ShareCapitalns10:Original2022-03-3104705032ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104705032ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104705032ns10:Originalns5:NetGoodwill2022-04-012023-03-3104705032ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3104705032ns10:Original2021-04-012022-03-3104705032ns10:Originalns5:NetGoodwill2022-03-3104705032ns10:Originalns5:NetGoodwill2023-03-3104705032ns10:Originalns5:NetGoodwill2022-03-3104705032ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104705032ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3104705032ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-03-3104705032ns10:Originalns10:OrdinaryShareClass12023-03-3104705032ns10:Original1ns10:Director12022-03-3104705032ns10:Original1ns10:Director12021-03-3104705032ns10:Original1ns10:Director12022-04-012023-03-3104705032ns10:Original1ns10:Director12021-04-012022-03-3104705032ns10:Original1ns10:Director12023-03-3104705032ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 04705032 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

J C M Stables Limited

J C M Stables Limited (Registered number: 04705032)






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


J C M Stables Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr J Stables





SECRETARY: Mrs G R Stables





REGISTERED OFFICE: 42 Headlands
Kettering
Northamptonshire
NN15 7HR





REGISTERED NUMBER: 04705032 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

J C M Stables Limited (Registered number: 04705032)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 483,249 479,087
Cash at bank 24,939 13,530
508,188 492,617
CREDITORS
Amounts falling due within one year 6 83,724 109,137
NET CURRENT ASSETS 424,464 383,480
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,464

383,480

CREDITORS
Amounts falling due after more than one
year

7

35,120

39,095
NET ASSETS 389,344 344,385

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 389,244 344,285
SHAREHOLDERS' FUNDS 389,344 344,385

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 16 November 2023 and were signed by:



Mr J Stables - Director


J C M Stables Limited (Registered number: 04705032)

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

1. STATUTORY INFORMATION

J C M Stables 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 represents the company's share of the profits of the partnership.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.

Goodwill - 14 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 264,000
AMORTISATION
At 1 April 2022
and 31 March 2023 264,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Goodwill arose on the purchase of the company's share in a partnership.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from partnership 310,605 333,161
Directors' current accounts 172,644 145,926
483,249 479,087

J C M Stables Limited (Registered number: 04705032)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,212 4,212
Tax 78,792 84,571
Other creditors - 19,994
Accruals and deferred income 720 360
83,724 109,137

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 4,093 4,212
Bank loans - 2-5 years 8,186 12,636
Bank loans more 5 yr by instal 22,841 22,247
35,120 39,095

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,841 22,247

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. 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 J Stables
Balance outstanding at start of year 145,926 107,488
Amounts advanced 177,718 179,276
Amounts repaid (151,000 ) (140,838 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 172,644 145,926

J C M Stables Limited (Registered number: 04705032)

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2% per annum to 5th April 2022 and thereafter.