Company Registration No. 12281360 (England and Wales)
Jon Russell Associates Ltd
Unaudited accounts
for the year ended 31 October 2023
Jon Russell Associates Ltd
Unaudited accounts
Contents
Jon Russell Associates Ltd
Company Information
for the year ended 31 October 2023
Company Number
12281360 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
Accountants
Redwood Accountants
26 Martingale Grove
Arborfield Green
Reading
Berkshire
RG2 9HD
Jon Russell Associates Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
46,716
26,354
Creditors: amounts falling due within one year
(26,237)
(36,045)
Net current assets
33,919
13,049
Called up share capital
1
1
Profit and loss account
34,118
13,918
Shareholders' funds
34,119
13,919
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 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 31 July 2024 and were signed on its behalf by
Jonathan Russell
Director
Company Registration No. 12281360
Jon Russell Associates Ltd
Notes to the Accounts
for the year ended 31 October 2023
Jon Russell Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 12281360. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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:
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
600
2,570
3,170
At 31 October 2023
600
2,570
3,170
At 1 November 2022
200
2,100
2,300
Charge for the year
200
470
670
At 31 October 2023
400
2,570
2,970
At 31 October 2023
200
-
200
At 31 October 2022
400
470
870
Amounts falling due within one year
Trade debtors
13,440
22,740
Jon Russell Associates Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
11,823
6,986
Other creditors
3,849
3,761
Loans from directors
378
10,254
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loans
(10,254)
24,700
14,824
(378)
(10,254)
24,700
14,824
(378)
Loans are provided interest free with no set repayment terms.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).