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Registration number: 13941269

John Queripel Associates Investments Limited

Annual Report and Unaudited Financial Statements

for the Period from 25 February 2022 to 31 March 2023

 

John Queripel Associates Investments Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

John Queripel Associates Investments Limited

(Registration number: 13941269)
Balance Sheet as at 31 March 2023

Note

2023
£

Fixed assets

 

Investments

4

10

Current assets

 

Cash at bank and in hand

 

429,082

Creditors: Amounts falling due within one year

5

(2,719)

Net current assets

 

426,363

Net assets

 

426,373

Capital and reserves

 

Called up share capital

6

110

Retained earnings

426,263

Shareholders' funds

 

426,373

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

John Queripel Associates Investments Limited

(Registration number: 13941269)
Balance Sheet as at 31 March 2023

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 November 2023 and signed on its behalf by:
 

.........................................
Mr L J Queripel
Director

 

John Queripel Associates Investments Limited

Notes to the Unaudited Financial Statements for the Period from 25 February 2022 to 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Boston House
214 High Street
Boston Spa
Wetherby
West Yorkshire
LS23 6AD
England

These financial statements were authorised for issue by the Board on 14 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

John Queripel Associates Investments Limited

Notes to the Unaudited Financial Statements for the Period from 25 February 2022 to 31 March 2023

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

John Queripel Associates Investments Limited

Notes to the Unaudited Financial Statements for the Period from 25 February 2022 to 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Investments

2023
£

Investments in associates

10

Associates

£

Cost

Additions

10

Provision

Carrying amount

At 31 March 2023

10

 

John Queripel Associates Investments Limited

Notes to the Unaudited Financial Statements for the Period from 25 February 2022 to 31 March 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Accruals and deferred income

840

Other creditors

1,879

2,719

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary A of £1 each

10

10

Ordinary B of £1 each

10

10

Ordinary C of £1 each

37

37

Ordinary D of £1 each

37

37

Ordinary E of £1 each

10

10

Ordinary F of £1 each

6

6

 

110

110