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REGISTERED NUMBER: 01733132 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Jane Barrett Limited

Jane Barrett Limited (Registered number: 01733132)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jane Barrett Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mrs J E Meek





SECRETARY: Mr S C Barrett





REGISTERED OFFICE: 2 Adelaide Street
St Albans
Hertfordshire
AL3 5BH





REGISTERED NUMBER: 01733132 (England and Wales)





ACCOUNTANTS: Visionary Accountants
2 Adelaide Street
St Albans
Hertfordshire
AL3 5BH

Jane Barrett Limited (Registered number: 01733132)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 280,000 280,000

CURRENT ASSETS
Debtors 5 422,506 179,200
Cash at bank 11,168 105,010
433,674 284,210
CREDITORS
Amounts falling due within one year 6 1,253 61,734
NET CURRENT ASSETS 432,421 222,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

712,421

502,476

CREDITORS
Amounts falling due after more than one year 7 535,396 510,382
NET ASSETS/(LIABILITIES) 177,025 (7,906 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 176,025 (8,906 )
SHAREHOLDERS' FUNDS 177,025 (7,906 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Jane Barrett Limited (Registered number: 01733132)

Balance Sheet - continued
31 May 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 director and authorised for issue on 20 February 2024 and were signed by:





Mrs J E Meek - Director


Jane Barrett Limited (Registered number: 01733132)

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

1. STATUTORY INFORMATION

Jane Barrett 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.

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 NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2022
and 31 May 2023 280,000
NET BOOK VALUE
At 31 May 2023 280,000
At 31 May 2022 280,000

Fixed asset investments are stated at cost less provision for diminution in value.

Jane Barrett Limited (Registered number: 01733132)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 422,506 179,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 1,253 1,254
Taxation and social security - 60,480
1,253 61,734

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Other creditors 535,396 510,382

8. RELATED PARTY DISCLOSURES

During the year the company operated a loan account with the directors. At the year end the amount due from the directors stood at £270,006 (2022 - £179,200). The loan carries an interest rate of 2% per annum and £4,671 (2022 - £2,201) was charged in the year. This loan is unsecured and repayable on demand. This loan was fully repaid within 9 months of the year end.

Mrs J E Meek has given an unlimited guarantee to the company's bankers.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by The Meek Retirement Plan.