Jordan Rabjohn Ltd 13986274 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Musician Digita Accounts Production Advanced 6.30.9574.0 true 13986274 2023-04-01 2024-03-31 13986274 2024-03-31 13986274 bus:Director1 1 2024-03-31 13986274 bus:OrdinaryShareClass1 2024-03-31 13986274 core:CurrentFinancialInstruments 2024-03-31 13986274 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13986274 core:FurnitureFittingsToolsEquipment 2024-03-31 13986274 bus:SmallEntities 2023-04-01 2024-03-31 13986274 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13986274 bus:FullAccounts 2023-04-01 2024-03-31 13986274 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13986274 bus:RegisteredOffice 2023-04-01 2024-03-31 13986274 bus:Director1 2023-04-01 2024-03-31 13986274 bus:Director1 1 2023-04-01 2024-03-31 13986274 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 13986274 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13986274 core:FurnitureFittings 2023-04-01 2024-03-31 13986274 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 13986274 core:OfficeEquipment 2023-04-01 2024-03-31 13986274 countries:AllCountries 2023-04-01 2024-03-31 13986274 2023-03-31 13986274 bus:Director1 1 2023-03-31 13986274 core:FurnitureFittingsToolsEquipment 2023-03-31 13986274 2022-03-18 2023-03-31 13986274 2023-03-31 13986274 bus:OrdinaryShareClass1 2023-03-31 13986274 core:CurrentFinancialInstruments 2023-03-31 13986274 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13986274 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13986274

Jordan Rabjohn Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Jordan Rabjohn Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Jordan Rabjohn Ltd

Company Information

Director

Mr J C Rabjohn

Registered office

2 Western Street
Barnsley
South Yorkshire
S70 2BP

Accountants

Cameron Alexander Accountants Limited
Chartered Certified Accountants
2 Western Street
Barnsley
S70 2BP

 

Jordan Rabjohn Ltd

(Registration number: 13986274)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

8,955

11,238

Current assets

 

Debtors

4

1,499

357

Cash at bank and in hand

 

10,153

53,392

 

11,652

53,749

Creditors: Amounts falling due within one year

5

(18,224)

(52,249)

Net current (liabilities)/assets

 

(6,572)

1,500

Total assets less current liabilities

 

2,383

12,738

Provisions for liabilities

(430)

(585)

Net assets

 

1,953

12,153

Capital and reserves

 

Called up share capital

6

10

10

Retained earnings

1,943

12,143

Shareholders' funds

 

1,953

12,153

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 June 2024
 

.........................................
Mr J C Rabjohn
Director

 

Jordan Rabjohn Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Jordan Rabjohn Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

-25% Reducing Balance

Office Equipment

-25% Reducing Balance

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Jordan Rabjohn Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

14,333

14,333

Additions

649

649

At 31 March 2024

14,982

14,982

Depreciation

At 1 April 2023

3,095

3,095

Charge for the year

2,932

2,932

At 31 March 2024

6,027

6,027

Carrying amount

At 31 March 2024

8,955

8,955

At 31 March 2023

11,238

11,238

4

Debtors

Current

2024
£

2023
£

Other debtors

1,499

357

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

111

105

Taxation and social security

-

144

Accruals and deferred income

970

992

Other creditors

17,143

51,008

18,224

52,249

 

Jordan Rabjohn Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

10

10

10

10

         

7

Related party transactions

Transactions with the director

2024

At 1 April 2023
£

Advances to director
£

At 31 March 2024
£

Mr J C Rabjohn

No interest is charged on the loan and there is no fixed date of repayment.

41,247

(24,537)

16,710