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Company Registration No. 06421643 (England and Wales)
CJ Phelps Associates Ltd Unaudited accounts for the year ended 30 November 2023
CJ Phelps Associates Ltd Unaudited accounts Contents
Page
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CJ Phelps Associates Ltd Company Information for the year ended 30 November 2023
Director
Charles Phelps
Secretary
Nicola Phelps
Company Number
06421643 (England and Wales)
Registered Office
8 Copper Ridge Chalfont St Peter Bucks SL9 0NF
Accountants
Beyond Numbers Ltd 16 Copper Ridge Chalfont St Peter Bucks SL9 0NF
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CJ Phelps Associates Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
40,085 
32,579 
Investments
613,128 
613,128 
653,213 
645,707 
Current assets
Debtors
2,661 
3,060 
Cash at bank and in hand
87,511 
14,639 
90,172 
17,699 
Creditors: amounts falling due within one year
(5,883)
(14,383)
Net current assets
84,289 
3,316 
Total assets less current liabilities
737,502 
649,023 
Creditors: amounts falling due after more than one year
(150,000)
(191,431)
Net assets
587,502 
457,592 
Capital and reserves
Called up share capital
50 
50 
Fair value reserve
(466,378)
(466,378)
Capital redemption reserve
50 
50 
Profit and loss account
1,053,780 
923,870 
Shareholders' funds
587,502 
457,592 
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Charles Phelps Director Company Registration No. 06421643
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CJ Phelps Associates Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
CJ Phelps Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 06421643. The registered office is 8 Copper Ridge, Chalfont St Peter, Bucks, SL9 0NF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
26,527 
5,052 
29,438 
1,332 
62,349 
Additions
- 
152 
30,439 
2,108 
32,699 
Disposals
- 
- 
(29,438)
- 
(29,438)
At 30 November 2023
26,527 
5,204 
30,439 
3,440 
65,610 
Depreciation
At 1 December 2022
10,683 
4,718 
13,224 
1,145 
29,770 
Charge for the year
2,652 
170 
6,720 
450 
9,992 
On disposals
- 
- 
(14,237)
- 
(14,237)
At 30 November 2023
13,335 
4,888 
5,707 
1,595 
25,525 
Net book value
At 30 November 2023
13,192 
316 
24,732 
1,845 
40,085 
At 30 November 2022
15,844 
334 
16,214 
187 
32,579 
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CJ Phelps Associates Ltd Notes to the Accounts for the year ended 30 November 2023
5
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 December 2022
263,128 
350,000 
613,128 
Valuation at 30 November 2023
263,128 
350,000 
613,128 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,661 
3,060 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
309 
226 
Trade creditors
2,278 
547 
Taxes and social security
2,448 
12,763 
Loans from directors
308 
307 
Accruals
540 
540 
5,883 
14,383 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
150,000 
191,431 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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