Company Registration No. 11911920 (England and Wales)
JACK MURPHYS UPLANDS LTD
Unaudited accounts
for the year ended 31 March 2023
JACK MURPHYS UPLANDS LTD
Unaudited accounts
Contents
JACK MURPHYS UPLANDS LTD
Company Information
for the year ended 31 March 2023
Company Number
11911920 (England and Wales)
Registered Office
78-80 ST. MARY STREET
CARDIFF
CF10 1FA
WALES
JACK MURPHYS UPLANDS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
48,775
68,481
Cash at bank and in hand
636
75,420
Creditors: amounts falling due within one year
(180,625)
(130,549)
Net current liabilities
(161,251)
(29,390)
Total assets less current liabilities
(112,476)
39,091
Creditors: amounts falling due after more than one year
(74,845)
(85,920)
Net liabilities
(187,321)
(46,829)
Called up share capital
1
1
Profit and loss account
(187,322)
(46,830)
Shareholders' funds
(187,321)
(46,829)
For the year ending 31 March 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 6 March 2024 and were signed on its behalf by
Stephen Lewis
Director
Company Registration No. 11911920
JACK MURPHYS UPLANDS LTD
Notes to the Accounts
for the year ended 31 March 2023
JACK MURPHYS UPLANDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11911920. The registered office is 78-80 ST. MARY STREET, CARDIFF, CF10 1FA, WALES.
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
10% Straight Line
Fixtures & fittings
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At 31st March 2023 the company had net liabilities of £175,266. However the company received financial support from the directors and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
The Lloyds Bank PLC holds a fixed and floating charge and a negative pledge dated 20th May 2020 over Jack Murphys Uplands Ltd Ltd on all monies, obligations and liabilities which may be due to Lloyds Bank PLC now and in the future. (charge code 119119200002)
The Lloyds Bank PLC holds a fixed and floating charge and a negative pledge dated 20th May 2020 over Jack Murphys Uplands Ltd Ltd on all monies, obligations and liabilities which may be due to Lloyds Bank PLC now and in the future. (charge code 119119200001)
JACK MURPHYS UPLANDS LTD
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
73,791
49,311
123,102
At 31 March 2023
73,791
49,311
123,102
At 1 April 2022
22,137
32,484
54,621
Charge for the year
7,379
12,327
19,706
At 31 March 2023
29,516
44,811
74,327
At 31 March 2023
44,275
4,500
48,775
At 31 March 2022
51,654
16,827
68,481
Amounts falling due within one year
Amounts due from group undertakings etc.
1,200
-
Accrued income and prepayments
3,113
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,280
11,280
Trade creditors
54,928
36,169
Amounts owed to group undertakings and other participating interests
70,000
50,000
Taxes and social security
15,780
15,675
Loans from directors
5,587
5,587
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).