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REGISTERED NUMBER: 05408970 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

S Jackson-Stops Limited

S Jackson-Stops Limited (Registered number: 05408970)






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


S Jackson-Stops Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr Q A Jackson-Stops
Mrs S C Jackson-Stops





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





REGISTERED NUMBER: 05408970 (England and Wales)





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

S Jackson-Stops Limited (Registered number: 05408970)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,766,943 1,363,000

CURRENT ASSETS
Debtors 5 279 -
Cash at bank 15,585 13,271
15,864 13,271
CREDITORS
Amounts falling due within one year 6 1,507,539 1,146,522
NET CURRENT LIABILITIES (1,491,675 ) (1,133,251 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,268

229,749

PROVISIONS FOR LIABILITIES 27,147 27,147
NET ASSETS 248,121 202,602

CAPITAL AND RESERVES
Called up share capital 7 100 100
Non distributable reserve 8 81,442 81,442
Retained earnings 166,579 121,060
SHAREHOLDERS' FUNDS 248,121 202,602

S Jackson-Stops Limited (Registered number: 05408970)

Balance Sheet - continued
31 March 2023


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 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 16 November 2023 and were signed on its behalf by:




Mr Q A Jackson-Stops - Director



Mrs S C Jackson-Stops - Director


S Jackson-Stops Limited (Registered number: 05408970)

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

1. STATUTORY INFORMATION

S Jackson-Stops 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

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. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 1,363,000
Additions 403,943
At 31 March 2023 1,766,943
NET BOOK VALUE
At 31 March 2023 1,766,943
At 31 March 2022 1,363,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2021 45,187
Valuation in 2022 63,402
Cost 1,658,354
1,766,943

If the above properties had not been revalued then would have been included at the following historical cost:

2023 2022
£    £   
Cost 1,658,354 1,254,411

The investment properties were valued on an open market basis on 31 March 2023 by Q A Jackson-Stops .

S Jackson-Stops Limited (Registered number: 05408970)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 279 -

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
£    £   
Tax 10,677 8,139
Other creditors 95,753 59,480
Directors' current accounts 1,398,191 1,070,939
Accruals and deferred income 2,918 7,964
1,507,539 1,146,522

7. CALLED UP SHARE CAPITAL

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

8. RESERVES
Non
distributable
reserve
£   
At 1 April 2022
and 31 March 2023 81,442

9. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors amounted to £95,753 (2022: £59,480).