Company Registration No. 09266207 (England and Wales)
JCG Homes Limited
Unaudited accounts
for the year ended 31 October 2023
JCG Homes Limited
Unaudited accounts
Contents
JCG Homes Limited
Company Information
for the year ended 31 October 2023
Directors
Mrs LA Fry
Mr SC Fry
Mr JR Fry
Mr CC Fry
Company Number
09266207 (England and Wales)
Registered Office
3 MANOR CLOSE
GREAT ADDINGTON
KETTERING
NORTHAMPTONSHIRE
NN14 4BU
Accountants
Kate Brown
The Annexe, Rectory Farm
Cranford Road
Great Addington, Kettering
Northants
NN14 4BQ
JCG Homes Limited
Statement of financial position
as at 31 October 2023
Tangible assets
2,782,015
2,900,983
Cash at bank and in hand
147,301
40,450
Creditors: amounts falling due within one year
(4,977)
(21,082)
Net current assets
239,506
102,879
Total assets less current liabilities
3,021,521
3,003,862
Creditors: amounts falling due after more than one year
(2,970,000)
(2,968,487)
Called up share capital
100
100
Profit and loss account
51,421
35,275
Shareholders' funds
51,521
35,375
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 22 January 2024 and were signed on its behalf by
Mrs LA Fry
Director
Company Registration No. 09266207
JCG Homes Limited
Notes to the Accounts
for the year ended 31 October 2023
JCG Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 09266207. The registered office is 3 MANOR CLOSE, GREAT ADDINGTON, KETTERING, NORTHAMPTONSHIRE, NN14 4BU.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
over 50 years
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
2,883,047
8,141
44,840
2,936,028
Disposals
(110,000)
-
-
(110,000)
At 31 October 2023
2,773,047
8,141
44,840
2,826,028
At 1 November 2022
-
8,141
26,904
35,045
Charge for the year
-
-
8,968
8,968
At 31 October 2023
-
8,141
35,872
44,013
At 31 October 2023
2,773,047
-
8,968
2,782,015
At 31 October 2022
2,883,047
-
17,936
2,900,983
JCG Homes Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
97,182
83,511
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,385
2,286
Taxes and social security
8,400
1,780
Other creditors
7,888
2,053
Loans from directors
(13,974)
14,705
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
2,970,000
2,968,487
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).