REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
Christopher J Jones Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
Christopher J Jones Limited |
Christopher J Jones Limited (Registered number: 04704986) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Christopher J Jones Limited |
Company Information |
for the Year Ended 31 March 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 Pinnacle Way |
Pride Park |
Derby |
Derbyshire |
DE24 8ZS |
Christopher J Jones Limited (Registered number: 04704986) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Non-distributable reserves | 11 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Christopher J Jones Limited (Registered number: 04704986) |
Balance Sheet - continued |
31 March 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Christopher J Jones Limited (Registered number: 04704986) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
Christopher J Jones Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 - thirteen 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. |
Investments in associates |
Investments in associate undertakings are revalued annually at market value and any surplus or deficit is dealt with through the fair value reserve. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 April 2022 |
and 31 March 2023 |
AMORTISATION |
At 1 April 2022 |
and 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
Goodwill arose on the purchase of the company's share in a partnership. |
Christopher J Jones Limited (Registered number: 04704986) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Interest |
in |
associate |
£ |
COST OR VALUATION |
At 1 April 2022 | 257,518 |
Revaluations |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
Cost or valuation at 31 March 2023 is represented by: |
Interest |
in |
associate |
£ |
Valuation in 2018 | 105,234 |
Valuation in 2019 | 37,069 |
Valuation in 2020 | 35,990 |
Valuation in 2021 | 41,806 |
Valuation in 2022 | 37,419 |
Valuation in 2023 | 17,322 |
274,840 |
If interests in associates had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 90 | 90 |
Interests in associates were valued on an open market basis on 31 March 2023 by the director, Mr C J Jones . |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2022 |
and 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
Fair value at 31 March 2023 is represented by: |
£ |
Valuation in 2023 | 348,332 |
Christopher J Jones Limited (Registered number: 04704986) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
6. | INVESTMENT PROPERTY - continued |
If investment property had not been revalued it would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 348,332 | 348,332 |
Investment property was valued on an open market basis on 31 March 2023 by the director, Mr C J Jones . |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Due from partnership |
Amounts owed by participating interests | 74,445 | 75,160 |
Other debtors |
Directors' current accounts | 13,977 | 2,004 |
Prepayments and accrued income |
Other than as stated under directors' loan accounts above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly. |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Tax |
Social security and other taxes |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans >1 year |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
100 | Ordinary shares | £1 | - | 100 |
51 | Ordinary A | £1 | 51 | - |
33 | Ordinary B | £1 | 33 | - |
8 | Ordinary C | £1 | 8 | - |
8 | Ordinary D | £1 | 8 | - |
100 | 100 |
Christopher J Jones Limited (Registered number: 04704986) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
11. | RESERVES |
Non-distributable |
reserves |
£ |
At 1 April 2022 |
Unrealised surplus on |
revaluation of fixed asset |
investments | 32,767 |
Deferred tax on revaluation |
surplus | (19,776 | ) |
At 31 March 2023 |
12. | 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 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The overdrawn director's loan account was repaid within nine months of the year end. Interest was charged on the loan account at a rate of 2% per annum. |
13. | RELATED PARTY DISCLOSURES |
The balance outstanding on interest free loans provided to companies with common directors amounted to £75,160 (2021: £90,160). |