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REGISTERED NUMBER: 04940358 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

JAYS BARBERS LTD

JAYS BARBERS LTD (REGISTERED NUMBER: 04940358)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAYS BARBERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr J S White
Mrs S White





REGISTERED OFFICE: 4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB





REGISTERED NUMBER: 04940358 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

JAYS BARBERS LTD (REGISTERED NUMBER: 04940358)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,066 9,783

CURRENT ASSETS
Cash at bank 14,591 16,849

CREDITORS
Amounts falling due within one year 5 3,461 5,162
NET CURRENT ASSETS 11,130 11,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,196

21,470

CREDITORS
Amounts falling due after more than one year 6 14,655 17,082
NET ASSETS 6,541 4,388

CAPITAL AND RESERVES
Called up share capital 1 1
Other reserves 8,813 8,813
Retained earnings (2,273 ) (4,426 )
SHAREHOLDERS' FUNDS 6,541 4,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

JAYS BARBERS LTD (REGISTERED NUMBER: 04940358)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





Mr J S White - Director


JAYS BARBERS LTD (REGISTERED NUMBER: 04940358)

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


1. STATUTORY INFORMATION

Jays Barbers 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.
Plant and machinery - 20% on reducing balance
Tooling and development - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Office Equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Tooling
Short Plant and and
leasehold machinery development
£    £    £   
COST
At 1 November 2022 8,000 2,000 4,209
Additions - - -
At 31 October 2023 8,000 2,000 4,209
DEPRECIATION
At 1 November 2022 - 1,978 3,696
Charge for year - 4 103
At 31 October 2023 - 1,982 3,799
NET BOOK VALUE
At 31 October 2023 8,000 18 410
At 31 October 2022 8,000 22 513

JAYS BARBERS LTD (REGISTERED NUMBER: 04940358)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles Equipment Totals
£    £    £   
COST
At 1 November 2022 29,995 2,574 46,778
Additions 800 - 800
At 31 October 2023 30,795 2,574 47,578
DEPRECIATION
At 1 November 2022 29,020 2,301 36,995
Charge for year 355 55 517
At 31 October 2023 29,375 2,356 37,512
NET BOOK VALUE
At 31 October 2023 1,420 218 10,066
At 31 October 2022 975 273 9,783

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Tax 2,477 4,105
Other creditors 984 1,057
3,461 5,162

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other loans - 2-5 years 14,655 17,082