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REGISTERED NUMBER: 04704986 (England and Wales)















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: Mr C J Jones





SECRETARY: Mrs J Jones





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 04704986 (England and Wales)





ACCOUNTANTS: Franklins
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 5 274,840 257,518
Investment property 6 348,332 348,332
623,172 605,850

CURRENT ASSETS
Debtors 7 530,967 560,734
Cash at bank 66,708 14,163
597,675 574,897
CREDITORS
Amounts falling due within one year 8 59,096 65,146
NET CURRENT ASSETS 538,579 509,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,161,751

1,115,601

CREDITORS
Amounts falling due after more than one
year

9

(208,000

)

(212,000

)

PROVISIONS FOR LIABILITIES (68,688 ) (64,357 )
NET ASSETS 885,063 839,244

CAPITAL AND RESERVES
Called up share capital 10 100 100
Non-distributable reserves 11 206,062 193,071
Retained earnings 678,901 646,073
SHAREHOLDERS' FUNDS 885,063 839,244

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.

Christopher J Jones Limited (Registered number: 04704986)

Balance Sheet - continued
31 March 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 October 2023 and were signed by:





Mr C J Jones - Director


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 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 as modified by the revaluation of certain assets.

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 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.

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 17,322
At 31 March 2023 274,840
NET BOOK VALUE
At 31 March 2023 274,840
At 31 March 2022 257,518

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 348,332
NET BOOK VALUE
At 31 March 2023 348,332
At 31 March 2022 348,332

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 424,973 445,942
Amounts owed by participating interests 74,445 75,160
Other debtors 16,928 37,628
Directors' current accounts 13,977 2,004
Prepayments and accrued income 644 -
530,967 560,734

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 12,000 12,000
Tax 46,346 52,899
Social security and other taxes - 247
Other creditors 750 -
59,096 65,146

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans >1 year 208,000 212,000

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 193,071
Unrealised surplus on
revaluation of fixed asset
investments 32,767
Deferred tax on revaluation
surplus (19,776 )

At 31 March 2023 206,062

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
£    £   
Mr C J Jones
Balance outstanding at start of year 2,004 103,601
Amounts advanced 161,423 437,270
Amounts repaid (149,450 ) (538,867 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,977 2,004

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).