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REGISTERED NUMBER: 06779749 (England and Wales)





























Unaudited Financial Statements for the Year Ended 31 March 2023

for

Jason Kenny Limited

Jason Kenny Limited (Registered number: 06779749)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jason Kenny Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr J F Kenny OBE



REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



REGISTERED NUMBER: 06779749 (England and Wales)



ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



BANKERS: Santander
93 Fishergate
Preston
PR1 2NJ

Jason Kenny Limited (Registered number: 06779749)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 88,904 64,981
Investment property 5 171,288 171,288
260,192 236,269

CURRENT ASSETS
Debtors 6 2,050 5,671
Cash at bank 22,262 40,280
24,312 45,951
CREDITORS
Amounts falling due within one year 7 (66,353 ) (62,672 )
NET CURRENT LIABILITIES (42,041 ) (16,721 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,151

219,548

PROVISIONS FOR LIABILITIES 8 (5,427 ) (5,198 )
NET ASSETS 212,724 214,350

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 212,624 214,250
SHAREHOLDERS' FUNDS 212,724 214,350

Jason Kenny Limited (Registered number: 06779749)

Balance Sheet - continued
31 March 2023


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

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

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2023 and were signed by:





Mr J F Kenny OBE - Director


Jason Kenny Limited (Registered number: 06779749)

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

1. STATUTORY INFORMATION

Jason Kenny 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.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Training equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

Jason Kenny Limited (Registered number: 06779749)

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and Training
property machinery equipment
£    £    £   
COST
At 1 April 2022 44,790 2,566 5,064
Additions - - -
At 31 March 2023 44,790 2,566 5,064
DEPRECIATION
At 1 April 2022 7,167 2,566 3,363
Charge for year 896 - 426
At 31 March 2023 8,063 2,566 3,789
NET BOOK VALUE
At 31 March 2023 36,727 - 1,275
At 31 March 2022 37,623 - 1,701

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 28,353 1,166 81,939
Additions 34,471 - 34,471
At 31 March 2023 62,824 1,166 116,410
DEPRECIATION
At 1 April 2022 2,953 909 16,958
Charge for year 8,969 257 10,548
At 31 March 2023 11,922 1,166 27,506
NET BOOK VALUE
At 31 March 2023 50,902 - 88,904
At 31 March 2022 25,400 257 64,981

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 171,288
NET BOOK VALUE
At 31 March 2023 171,288
At 31 March 2022 171,288

Jason Kenny Limited (Registered number: 06779749)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 5,671
Prepayments 2,050 -
2,050 5,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 34,274 34,274
Trade creditors - 186
Tax 3,213 11,224
Social security and other taxes 646 254
VAT 5,588 5,444
Directors' current accounts 21,482 10,235
Accrued expenses 1,150 1,055
66,353 62,672

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 5,427 5,198

Deferred
tax
£   
Balance at 1 April 2022 5,198
Provided during year 229
Balance at 31 March 2023 5,427

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100