IRIS Accounts Production v23.3.1.45 09218986 Board of Directors 1.10.22 30.9.23 30.9.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092189862022-09-30092189862023-09-30092189862022-10-012023-09-30092189862021-09-30092189862021-10-012022-09-30092189862022-09-3009218986ns10:Originalns15:EnglandWales2022-10-012023-09-3009218986ns14:PoundSterlingns10:Original2022-10-012023-09-3009218986ns10:Originalns10:Director12022-10-012023-09-3009218986ns10:Original2022-10-012023-09-3009218986ns10:Original2023-09-3009218986ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3009218986ns10:Originalns10:SmallEntities2022-10-012023-09-3009218986ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3009218986ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3009218986ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3009218986ns10:Originalns10:FullAccounts2022-10-012023-09-3009218986ns10:Originalns10:Director22022-10-012023-09-3009218986ns10:Originalns10:RegisteredOffice2022-10-012023-09-3009218986ns10:Original2022-09-3009218986ns10:Originalns5:CurrentFinancialInstruments2023-09-3009218986ns10:Originalns5:CurrentFinancialInstruments2022-09-3009218986ns5:ShareCapitalns10:Original2023-09-3009218986ns5:ShareCapitalns10:Original2022-09-3009218986ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3009218986ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3009218986ns10:Original2021-10-012022-09-3009218986ns10:Originalns5:PlantMachinery2022-09-3009218986ns10:Originalns5:PlantMachinery2022-10-012023-09-3009218986ns10:Originalns5:PlantMachinery2023-09-3009218986ns10:Originalns5:PlantMachinery2022-09-3009218986ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3009218986ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-300921898612022-10-012023-09-30
REGISTERED NUMBER: 09218986 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

JKLSoar Limited

JKLSoar Limited (Registered number: 09218986)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JKLSoar Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mrs L Soar
Mr J K Soar





REGISTERED OFFICE: Adeilad St. David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP





REGISTERED NUMBER: 09218986 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

JKLSoar Limited (Registered number: 09218986)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,665 16,148

CURRENT ASSETS
Debtors 5 1,483 -
Cash at bank 38,361 54,493
39,844 54,493
CREDITORS
Amounts falling due within one year 6 44,086 53,540
NET CURRENT (LIABILITIES)/ASSETS (4,242 ) 953
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,423

17,101

PROVISIONS FOR LIABILITIES 2,596 3,068
NET ASSETS 6,827 14,033

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,727 13,933
SHAREHOLDERS' FUNDS 6,827 14,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

JKLSoar Limited (Registered number: 09218986)

Balance Sheet - continued
30 September 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 4 March 2024 and were signed on its behalf by:





Mrs L Soar - Director


JKLSoar Limited (Registered number: 09218986)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

JKLSoar 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.

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 & machinery - 20% reducing balance

Fixed assets are stated at their cost prices less accumulated depreciation and less any amounts recognised in respect of impairment.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

JKLSoar Limited (Registered number: 09218986)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 31,221
DEPRECIATION
At 1 October 2022 15,073
Charge for year 2,483
At 30 September 2023 17,556
NET BOOK VALUE
At 30 September 2023 13,665
At 30 September 2022 16,148

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 1,483 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Advance bookings 6,753 11,132
Trade creditors 1,305 823
Taxation and social security 2,534 8,436
Other creditors 33,494 33,149
44,086 53,540

7. SECURED DEBTS

Fixed Charge against land and property surrounding "Noddfa"

Charge Code:- 0921 8986 0001

John Keith Soar advanced £10,000 in regards to the land on 06.11.2014.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,000 (2022 - £20,000) were paid to the directors .

The company owed £32,839.14 to the directors at the balance sheet date.