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REGISTERED NUMBER: 10243184 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

JERICHO CHEESE COMPANY LTD

JERICHO CHEESE COMPANY LTD (REGISTERED NUMBER: 10243184)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JERICHO CHEESE COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: A D J Verlander
D Lockwood





REGISTERED OFFICE: 25 Little Clarendon Street
Oxford
OX1 2HU





REGISTERED NUMBER: 10243184 (England and Wales)





ACCOUNTANTS: V M Murphy & Co
Finsbury House,
New Street,
Chipping Norton,
Oxfordshire
OX7 5LL

JERICHO CHEESE COMPANY LTD (REGISTERED NUMBER: 10243184)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,251 75,671

CURRENT ASSETS
Stocks 17,141 16,846
Debtors 5 23,019 21,483
Cash at bank and in hand 23,293 38,540
63,453 76,869
CREDITORS
Amounts falling due within one year 6 45,830 38,721
NET CURRENT ASSETS 17,623 38,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,874

113,819

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 59,900 59,900
Retained earnings 16,874 53,819
76,874 113,819

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 28 November 2023 and were signed on its behalf by:




A D J Verlander - Director


JERICHO CHEESE COMPANY LTD (REGISTERED NUMBER: 10243184)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Jericho Cheese Company Ltd 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.

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.

Depreciation is provided on a straight line basis over 4 years in order to write off each asset over its useful economic life.

This policy applies to all tangible fixed asset groups unless specifically detailed otherwise.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

JERICHO CHEESE COMPANY LTD (REGISTERED NUMBER: 10243184)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 57,394 94,928 152,322
Additions - 2,955 2,955
At 31 March 2023 57,394 97,883 155,277
DEPRECIATION
At 1 April 2022 27,268 49,383 76,651
Charge for year 7,531 11,844 19,375
At 31 March 2023 34,799 61,227 96,026
NET BOOK VALUE
At 31 March 2023 22,595 36,656 59,251
At 31 March 2022 30,126 45,545 75,671

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,922 8,024
Other debtors 14,097 13,459
23,019 21,483

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 30,536 28,989
Taxation and social security 2,106 2,148
Other creditors 13,188 7,584
45,830 38,721