IRIS Accounts Production v24.1.9.2 12803717 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128037172022-12-31128037172023-12-31128037172023-01-012023-12-31128037172021-12-31128037172022-01-012022-12-31128037172022-12-3112803717ns15:EnglandWales2023-01-012023-12-3112803717ns14:PoundSterling2023-01-012023-12-3112803717ns10:Director12023-01-012023-12-3112803717ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112803717ns10:SmallEntities2023-01-012023-12-3112803717ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112803717ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3112803717ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112803717ns10:FullAccounts2023-01-012023-12-311280371712023-01-012023-12-3112803717ns10:OrdinaryShareClass12023-01-012023-12-3112803717ns10:OrdinaryShareClass22023-01-012023-12-3112803717ns10:OrdinaryShareClass32023-01-012023-12-3112803717ns10:Director22023-01-012023-12-3112803717ns10:CompanySecretary12023-01-012023-12-3112803717ns10:RegisteredOffice2023-01-012023-12-3112803717ns5:CurrentFinancialInstruments2023-12-3112803717ns5:CurrentFinancialInstruments2022-12-3112803717ns5:ShareCapital2023-12-3112803717ns5:ShareCapital2022-12-3112803717ns5:RetainedEarningsAccumulatedLosses2023-12-3112803717ns5:RetainedEarningsAccumulatedLosses2022-12-3112803717ns5:NetGoodwill2023-01-012023-12-3112803717ns5:FurnitureFittings2023-01-012023-12-3112803717ns5:ComputerEquipment2023-01-012023-12-3112803717ns5:NetGoodwill2022-12-3112803717ns5:NetGoodwill2023-12-3112803717ns5:NetGoodwill2022-12-3112803717ns5:FurnitureFittings2022-12-3112803717ns5:ComputerEquipment2022-12-3112803717ns5:FurnitureFittings2023-12-3112803717ns5:ComputerEquipment2023-12-3112803717ns5:FurnitureFittings2022-12-3112803717ns5:ComputerEquipment2022-12-3112803717ns10:OrdinaryShareClass12023-12-3112803717ns10:OrdinaryShareClass22023-12-3112803717ns10:OrdinaryShareClass32023-12-31
REGISTERED NUMBER: 12803717 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Jones Of Bailgate Ltd

Jones Of Bailgate Ltd (Registered number: 12803717)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jones Of Bailgate Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D Jones
B D Jones





SECRETARY: D Jones





REGISTERED OFFICE: 88 Warren Lane
Witham St. Hughes
Lincoln
LN6 9US





REGISTERED NUMBER: 12803717 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Jones Of Bailgate Ltd (Registered number: 12803717)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,881 18,098
Tangible assets 5 15,867 19,893
31,748 37,991

CURRENT ASSETS
Stocks 3,500 3,500
Cash at bank and in hand 10,690 12,514
14,190 16,014
CREDITORS
Amounts falling due within one year 6 41,459 49,902
NET CURRENT LIABILITIES (27,269 ) (33,888 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,479

4,103

PROVISIONS FOR LIABILITIES 3,015 3,416
NET ASSETS 1,464 687

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 1,264 487
SHAREHOLDERS' FUNDS 1,464 687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by:





B D Jones - Director


Jones Of Bailgate Ltd (Registered number: 12803717)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Jones Of Bailgate Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis which assumes that the directors will continue to support the company. If this support was not to continue then this basis may not be appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

Jones Of Bailgate Ltd (Registered number: 12803717)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 22,174
AMORTISATION
At 1 January 2023 4,076
Charge for year 2,217
At 31 December 2023 6,293
NET BOOK VALUE
At 31 December 2023 15,881
At 31 December 2022 18,098

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 29,606 332 29,938
DEPRECIATION
At 1 January 2023 9,892 153 10,045
Charge for year 3,943 83 4,026
At 31 December 2023 13,835 236 14,071
NET BOOK VALUE
At 31 December 2023 15,771 96 15,867
At 31 December 2022 19,714 179 19,893

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,005 3,366
Other creditors 36,454 46,536
41,459 49,902

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
200 200