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REGISTERED NUMBER: 00572633 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

J.W. COOK ESTATES LIMITED

J.W. COOK ESTATES LIMITED (REGISTERED NUMBER: 00572633)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J.W. COOK ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M A Rawlings
R Rawlings





SECRETARY: M A Rawlings





REGISTERED OFFICE: 43 Queen Victoria Avenue
Brighton
East Sussex
BN3 6XA





REGISTERED NUMBER: 00572633 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

J.W. COOK ESTATES LIMITED (REGISTERED NUMBER: 00572633)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 72,945 80,008
Investment property 5 6,190,000 6,102,000
6,262,945 6,182,008

CURRENT ASSETS
Debtors 6 45,376 47,189
Cash at bank 130,498 171,091
175,874 218,280
CREDITORS
Amounts falling due within one year 7 (578,343 ) (575,179 )
NET CURRENT LIABILITIES (402,469 ) (356,899 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,860,476

5,825,109

PROVISIONS FOR LIABILITIES (684,838 ) (664,640 )
NET ASSETS 5,175,638 5,160,469

CAPITAL AND RESERVES
Called up share capital 85,000 85,000
Fair value reserve 3,600,817 3,534,817
Retained earnings 1,489,821 1,540,652
SHAREHOLDERS' FUNDS 5,175,638 5,160,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 13 August 2024 and were signed on its behalf by:




M A Rawlings - Director


J.W. COOK ESTATES LIMITED (REGISTERED NUMBER: 00572633)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

J.W. Cook Estates Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the total value of rents and charges receivable during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Integral features - 5% on cost
Fixtures, fittings and equipment - 25% on reducing balance

Investment property
Investment properties are shown at their fair value.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

J.W. COOK ESTATES LIMITED (REGISTERED NUMBER: 00572633)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Integral and
features equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 112,232 16,527 128,759
DEPRECIATION
At 1 April 2023 38,028 10,723 48,751
Charge for year 5,612 1,451 7,063
At 31 March 2024 43,640 12,174 55,814
NET BOOK VALUE
At 31 March 2024 68,592 4,353 72,945
At 31 March 2023 74,204 5,804 80,008

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 6,102,000
Revaluations 88,000
At 31 March 2024 6,190,000
NET BOOK VALUE
At 31 March 2024 6,190,000
At 31 March 2023 6,102,000

If investment properties had not been revalued, they would have been included at the historical cost £194,552 (2022: £194,552).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 671 671
Other debtors 44,705 46,310
Prepayments and accrued income - 208
45,376 47,189

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,443 -
Amounts owed to group undertakings 449,393 419,893
Taxation and social security 30,300 46,023
Other creditors 97,207 109,263
578,343 575,179

J.W. COOK ESTATES LIMITED (REGISTERED NUMBER: 00572633)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. ULTIMATE PARENT COMPANY

J W Cook Estates Limited is a wholly owned subsidiary of MAR Holdings Limited.

43 Queen Victoria Avenue
Hove
East Sussex
BN3 6XA