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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
Page
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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
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Jago's of Chelsea Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
110,000 
120,000 
Tangible assets
19,587 
21,298 
129,587 
141,298 
Current assets
Inventories
4,100 
5,389 
Debtors
16,467 
21,637 
Cash at bank and in hand
241,465 
171,662 
262,032 
198,688 
Creditors: amounts falling due within one year
(97,799)
(44,998)
Net current assets
164,233 
153,690 
Net assets
293,820 
294,988 
Capital and reserves
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
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Jago's of Chelsea Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
200,000 
At 31 October 2023
200,000 
Amortisation
At 1 November 2022
80,000 
Charge for the year
10,000 
At 31 October 2023
90,000 
Net book value
At 31 October 2023
110,000 
At 31 October 2022
120,000 
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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 
Depreciation
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 
Net book value
At 31 October 2023
14,584 
295 
4,508 
200 
19,587 
At 31 October 2022
14,584 
437 
6,010 
267 
21,298 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,816 
2,924 
Trade debtors
14,651 
17,875 
Other debtors
- 
838 
16,467 
21,637 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
20,100 
20,828 
Taxes and social security
29,747 
21,485 
Other creditors
43,444 
- 
Loans from directors
4,245 
2,685 
Accruals
263 
- 
97,799 
44,998 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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