Company Registration No. 11471047 (England and Wales)
J & C PROPERTY CONSULTANCY LIMITED
Unaudited accounts
for the year ended 31 July 2023
J & C PROPERTY CONSULTANCY LIMITED
Unaudited accounts
Contents
J & C PROPERTY CONSULTANCY LIMITED
Company Information
for the year ended 31 July 2023
Directors
Mr. Jan Jozef Olszanski
Mrs Claire Ashton Olszanski
Company Number
11471047 (England and Wales)
Registered Office
4 Roman Road
Burcott
Hereford
HR1 1JX
England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
4 Baird Road
Enfield
Middlesex
EN1 1SJ
J & C PROPERTY CONSULTANCY LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
2,683
2,021
Creditors: amounts falling due within one year
(25,837)
(14,411)
Net current assets
32,987
37,882
Total assets less current liabilities
32,987
37,882
Creditors: amounts falling due after more than one year
(32,067)
(37,683)
Called up share capital
100
100
Profit and loss account
820
99
Shareholders' funds
920
199
For the year ending 31 July 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 17 July 2024 and were signed on its behalf by
Mr. Jan Jozef Olszanski
Director
Company Registration No. 11471047
J & C PROPERTY CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 July 2023
J & C PROPERTY CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11471047. The registered office is 4 Roman Road, Burcott, Hereford, HR1 1JX, England.
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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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
J & C PROPERTY CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
53,444
47,948
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,158
6,158
Taxes and social security
2,867
6,980
Loans from directors
16,071
532
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
At the balance sheet date, where the directors had controlling interests, the company owe to the directors £16,071.
The company's controlling party is Mr and Mrs Olszanski by virtue of their ownership of 100% of the issued share capital of the company.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).