REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2024 TO 12 JULY 2024 |
FOR |
ALEX JONES SALES AND LETTINGS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2024 TO 12 JULY 2024 |
FOR |
ALEX JONES SALES AND LETTINGS LTD |
ALEX JONES SALES AND LETTINGS LTD (REGISTERED NUMBER: 09672521) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 April 2024 to 12 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ALEX JONES SALES AND LETTINGS LTD |
COMPANY INFORMATION |
for the Period 1 April 2024 to 12 July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
100 Barbirolli Square |
Manchester |
M2 3BD |
ALEX JONES SALES AND LETTINGS LTD (REGISTERED NUMBER: 09672521) |
BALANCE SHEET |
12 July 2024 |
2024 | 2024 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ALEX JONES SALES AND LETTINGS LTD (REGISTERED NUMBER: 09672521) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 April 2024 to 12 July 2024 |
1. | STATUTORY INFORMATION |
Alex Jones Sales and Lettings Limited is a private company, limited by shares, incorporated in England and Wales,registration number 09672521. The address of the registered office and principal place of business is 92 Penny Meadow, Ashton-Under-Lyne, England, OL6 6EP. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts recognised by the company in respect of services supplied, inclusive of value added tax but exclusive of trade discounts. Turnover principally consists of fees charged on rental properties and sales of residential properties. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods: |
Computer Equipment | - | 33% on cost |
Fixtures and fittings | - | 25% on cost |
At each reporting date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately. |
Taxation |
Taxation for the period comprises of current tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current 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. |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts. |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
Cash and cash equivalents |
Cash and cash equivalents comprise cash at bank and in hand. Bank borrowings are included in creditors. |
ALEX JONES SALES AND LETTINGS LTD (REGISTERED NUMBER: 09672521) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 April 2024 to 12 July 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2024 |
and 12 July 2024 |
DEPRECIATION |
At 1 April 2024 |
and 12 July 2024 |
NET BOOK VALUE |
At 12 July 2024 |
At 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Amounts owed by participating interests | 30,769 | 35,148 |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors | ( |
) |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2024 |
£ | £ |
Bank loans |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2024 |
value: | £ | £ |
Ordinary | £300.00 | 30,000 | 30,000 |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the reporting date, the company was owed £45,060 (31.03.24: £35,643) by the directors. The loans are interest free and repayable on demand. |