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REGISTERED NUMBER: 00961821






Unaudited Financial Statements

for the Year Ended 30th September 2023

for

J.w. & D.m. Allen Limited

J.w. & D.m. Allen Limited (Registered number: 00961821)

Contents of the Financial Statements
for the Year Ended 30th September 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


J.w. & D.m. Allen Limited

Company Information
for the Year Ended 30th September 2023







DIRECTORS: Mrs X Xiu
R Liu





REGISTERED OFFICE: Office 7 Brook House
Brook Street
Tipton
West Midlands
DY4 9DD





REGISTERED NUMBER: 00961821





ACCOUNTANTS: Neil Westwood & Co.
Chartered Accountants
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
J.w. & D.m. Allen Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J.w. & D.m. Allen Limited for the year ended 30th September 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of J.w. & D.m. Allen Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J.w. & D.m. Allen Limited and state those matters that we have agreed to state to the Board of Directors of J.w. & D.m. Allen Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J.w. & D.m. Allen Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J.w. & D.m. Allen Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of J.w. & D.m. Allen Limited. You consider that J.w. & D.m. Allen Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J.w. & D.m. Allen Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Neil Westwood & Co.
Chartered Accountants
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ


20th November 2023

J.w. & D.m. Allen Limited (Registered number: 00961821)

Balance Sheet
30th September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,886 2,266
Investment property 5 1,285,889 1,108,511
1,289,775 1,110,777

CURRENT ASSETS
Debtors 6 145,270 883
Cash at bank and in hand 43,854 3,921
189,124 4,804
CREDITORS
Amounts falling due within one year 7 85,213 9,870
NET CURRENT ASSETS/(LIABILITIES) 103,911 (5,066 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,393,686

1,105,711

CREDITORS
Amounts falling due after more than one
year

8

(877,022

)

(518,713

)

PROVISIONS FOR LIABILITIES (97,550 ) (97,550 )
NET ASSETS 419,114 489,448

CAPITAL AND RESERVES
Called up share capital 4,500 4,500
Fair value reserve 457,107 457,107
Retained earnings (42,493 ) 27,841
419,114 489,448

J.w. & D.m. Allen Limited (Registered number: 00961821)

Balance Sheet - continued
30th September 2023


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

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

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 20th November 2023 and were signed on its behalf by:





R Liu - Director


J.w. & D.m. Allen Limited (Registered number: 00961821)

Notes to the Financial Statements
for the Year Ended 30th September 2023


1. STATUTORY INFORMATION

J.w. & D.m. Allen Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

J.w. & D.m. Allen Limited (Registered number: 00961821)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st October 2022 2,579
Additions 3,416
At 30th September 2023 5,995
DEPRECIATION
At 1st October 2022 313
Charge for year 1,796
At 30th September 2023 2,109
NET BOOK VALUE
At 30th September 2023 3,886
At 30th September 2022 2,266

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2022 1,108,511
Additions 177,378
At 30th September 2023 1,285,889
NET BOOK VALUE
At 30th September 2023 1,285,889
At 30th September 2022 1,108,511

J.w. & D.m. Allen Limited (Registered number: 00961821)

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


5. INVESTMENT PROPERTY - continued

Fair value at 30th September 2023 is represented by:
£   
Valuation in 2004 565,039
Valuation in 2012 (160,000 )
Valuation in 2013 (100,000 )
Valuation in 2016 150,000
Valuation in 2018 (157,480 )
Valuation in 2020 557,098
Valuation in 2021 (300,000 )
Cost 731,232
1,285,889

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 145,270 883

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 46,710 7,895
Trade creditors 913 914
Taxation and social security 36,451 3
Other creditors 1,139 1,058
85,213 9,870

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 877,022 144,707
Other creditors - 374,006
877,022 518,713

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 654,564 116,552

J.w. & D.m. Allen Limited (Registered number: 00961821)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 923,732 152,602

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2023 and 30th September 2022:

2023 2022
£    £   
Mrs X Xiu
Balance outstanding at start of year - -
Amounts advanced 107,994 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 107,994 -