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REGISTERED NUMBER: 03975195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JFS CHELTENHAM LIMITED

JFS CHELTENHAM LIMITED (REGISTERED NUMBER: 03975195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

JFS CHELTENHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: G M W Brookes
Mrs C Macklin





SECRETARY: Mrs S A Brookes





REGISTERED OFFICE: 4 Prestbury Road
Cheltenham
Gloucestershire
GL52 2PW





REGISTERED NUMBER: 03975195 (England and Wales)





ACCOUNTANTS: BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

JFS CHELTENHAM LIMITED (REGISTERED NUMBER: 03975195)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors - 719
Cash at bank 206,560 198,980
206,560 199,699
CREDITORS
Amounts falling due within one year (33,366 ) (43,449 )
NET CURRENT ASSETS 173,194 156,250
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,195

156,251

CREDITORS
Amounts falling due after more than
one year

(113

)

(3,451

)
NET ASSETS 173,082 152,800

CAPITAL AND RESERVES
Called up share capital 5 10,000 10,000
Retained earnings 163,082 142,800
SHAREHOLDERS' FUNDS 173,082 152,800

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.

JFS CHELTENHAM LIMITED (REGISTERED NUMBER: 03975195)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





G M W Brookes - Director


JFS CHELTENHAM LIMITED (REGISTERED NUMBER: 03975195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

JFS Cheltenham 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.

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

Turnover is the value of commissions received, after making appropriate allowance for clawback of commissions received on an indemnity basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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 2 (2022 - 3 ) .

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

JFS CHELTENHAM LIMITED (REGISTERED NUMBER: 03975195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
5,000 Ordinary A £1 5,000 5,000
5,000 Ordinary B £1 5,000 5,000
10,000 10,000

6. RELATED PARTY DISCLOSURES

G M W Brookes
Director and shareholder


The company rents the property from which it operates from Mr Brookes. Rent is paid at an arms length amount that has been advised to the company by its professional property adviser.

In a previous accounting period the company borrowed £27,403 on an unsecured basis from Mr Brookes. During the year the company repaid the Director £7,251. The advance is unsecured and no terms of interest have been agreed.

31.12.23 31.12.22
£    £   
Amount due to related party at the balance sheet date 20,152 27,403

JFS Associates Ltd

Wholly-owned subsidiary


During the year the company paid JFS Associates Limited £9,300 (2022: £9,500) for administration services on an arms length basis.

31.12.23 31.12.22
£    £   
Amount due (to)/from related party at the balance sheet date (848 ) 719

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JFS CHELTENHAM LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JFS Cheltenham Limited for the year ended 31 December 2023 on page nil from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of JFS Cheltenham Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JFS Cheltenham Limited and state those matters that we have agreed to state to the Board of Directors of JFS Cheltenham Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JFS Cheltenham Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JFS Cheltenham Limited. You consider that JFS Cheltenham Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JFS Cheltenham Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


7 August 2024