VAREY J LTD

Company Registration Number:
13489110 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

VAREY J LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

VAREY J LTD

Company Information

for the Period Ended 31 July 2023




Registered office: 6
Rowan Drive
Foulridge
Colne
Lancashire
GBR
BB8 7RE
Company Registration Number: 13489110 (England and Wales)

VAREY J LTD

Balance sheet

As at 31 July 2023


Notes

2023
£
13 months to
31 Jul 2022
£
Fixed assets
Tangible assets: 4 1,001 1,200
Total fixed assets: 1,001 1,200
Current assets
Stocks: 432 2,524
Cash at bank and in hand: 1,975 1,341
Total current assets: 2,407 3,865
Creditors: amounts falling due within one year: 5 ( 3,246 ) ( 4,685 )
Net current assets (liabilities): ( 839 ) ( 820 )
Total assets less current liabilities: 162 380
Creditors: amounts falling due after more than one year: ( 3,361 )
Total net assets (liabilities): 162 ( 2,981 )

The notes form part of these financial statements

VAREY J LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£
13 months to
31 Jul 2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 161 ( 2,982 )
Shareholders funds: 162 ( 2,981 )

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 March 2024
And Signed On Behalf Of The Board By:

Name: Joe Varey
Status: Director

The notes form part of these financial statements

VAREY J LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
    Computer equipment & printer - 33.33% straight line basis

VAREY J LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023
    13 months to
    31 Jul 2022
    Average number of employees during the period 1 1

    Average number of employees, including directors, during the year was as follows: 1

VAREY J LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

VAREY J LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 1,200
Additions 295
Disposals -
Revaluations -
Transfers -
At 31 July 2023 1,495
Depreciation
At 01 August 2022 0
Charge for year 494
On disposals -
Other adjustments -
At 31 July 2023 494
Net book value
At 31 July 2023 1,001
At 31 July 2022 1,200

Computer equipment
Printer

VAREY J LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

Bank loan