Company Registration No. 09263768 (England and Wales)
Jago's of Chelsea Ltd
Unaudited accounts
for the year ended 31 October 2023
Jago's of Chelsea Ltd
Unaudited accounts
Contents
Jago's of Chelsea Ltd
Company Information
for the year ended 31 October 2023
Directors
Mr D Jago
Mrs N A Pritchard
Mrs L Jago-Smith
Company Number
09263768 (England and Wales)
Registered Office
33 Chessington Avenue
London
N3 3DR
United Kingdom
Accountants
Alexander-Passe & Co
33 Chessington Avenue
London
N3 3DR
Jago's of Chelsea Ltd
Statement of financial position
as at 31 October 2023
Intangible assets
110,000
120,000
Tangible assets
19,587
21,298
Cash at bank and in hand
241,465
171,662
Creditors: amounts falling due within one year
(97,799)
(44,998)
Net current assets
164,233
153,690
Net assets
293,820
294,988
Called up share capital
200
200
Profit and loss account
293,620
294,788
Shareholders' funds
293,820
294,988
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by
Mr D Jago
Director
Company Registration No. 09263768
Jago's of Chelsea Ltd
Notes to the Accounts
for the year ended 31 October 2023
Jago's of Chelsea Ltd is a private company, limited by shares, registered in England and Wales, registration number 09263768. The registered office is 33 Chessington Avenue, London, N3 3DR, United Kingdom. The principal place of business is 9 Elystan Street, Chelsea, London, SW3 3NT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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Intangible fixed assets
Goodwill
At 1 November 2022
200,000
At 31 October 2023
200,000
Charge for the year
10,000
At 31 October 2023
110,000
At 31 October 2022
120,000
Jago's of Chelsea Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
14,584
4,364
18,995
1,126
39,069
At 31 October 2023
14,584
4,364
18,995
1,126
39,069
At 1 November 2022
-
3,927
12,985
859
17,771
Charge for the year
-
142
1,502
67
1,711
At 31 October 2023
-
4,069
14,487
926
19,482
At 31 October 2023
14,584
295
4,508
200
19,587
At 31 October 2022
14,584
437
6,010
267
21,298
Amounts falling due within one year
Trade debtors
14,651
17,875
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
20,100
20,828
Taxes and social security
29,747
21,485
Loans from directors
4,245
2,685
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
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Average number of employees
During the year the average number of employees was 8 (2022: 8).