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
CJ Phelps Associates Ltd
Company Information
for the year ended 30 November 2023
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
CJ Phelps Associates Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
40,085
32,579
Investments
613,128
613,128
Cash at bank and in hand
87,511
14,639
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
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
CJ Phelps Associates Ltd
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
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
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
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
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
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,448
12,763
Loans from directors
308
307
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).