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REGISTERED NUMBER: 00341756 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

J.F. POYNTER LIMITED

J.F. POYNTER LIMITED (REGISTERED NUMBER: 00341756)






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.F. POYNTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs A P Slade
P G Slade





SECRETARIES: Mrs A P Slade
R Currell





REGISTERED OFFICE: New Oakhouse
6 Shirleys
Ditchling
Hassocks
BN6 8UD





REGISTERED NUMBER: 00341756 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

J.F. POYNTER LIMITED (REGISTERED NUMBER: 00341756)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,694 2,336
Investments 4 1,014,798 1,018,573
Investment property 5 1,070,000 1,070,000
2,087,492 2,090,909

CURRENT ASSETS
Debtors 6 4,614 4,359
Cash at bank 77,934 151,505
82,548 155,864
CREDITORS
Amounts falling due within one year 7 5,304 10,523
NET CURRENT ASSETS 77,244 145,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,164,736

2,236,250

CREDITORS
Amounts falling due after more than one
year

8

1,148

624
NET ASSETS 2,163,588 2,235,626

CAPITAL AND RESERVES
Called up share capital 6,001 6,001
Capital redemption reserve 3,999 3,999
Retained earnings 2,153,588 2,225,626
2,163,588 2,235,626

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 21 July 2024 and were signed on its behalf by:




P G Slade - Director


J.F. POYNTER LIMITED (REGISTERED NUMBER: 00341756)

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

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

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 cost
Computer equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 5,486 1,253 6,739
Additions 1,855 - 1,855
At 31 March 2024 7,341 1,253 8,594
DEPRECIATION
At 1 April 2023 3,932 471 4,403
Charge for year 1,246 251 1,497
At 31 March 2024 5,178 722 5,900
NET BOOK VALUE
At 31 March 2024 2,163 531 2,694
At 31 March 2023 1,554 782 2,336

J.F. POYNTER LIMITED (REGISTERED NUMBER: 00341756)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 1,018,573
Disposals (3,775 )
At 31 March 2024 1,014,798
NET BOOK VALUE
At 31 March 2024 1,014,798
At 31 March 2023 1,018,573

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2023 (411 )
Valuation in 2024 (3,775 )
Cost 1,018,984
1,014,798

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,070,000
NET BOOK VALUE
At 31 March 2024 1,070,000
At 31 March 2023 1,070,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 4,614 4,359

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 4,359
Tax - (158 )
Social security and other taxes 913 871
Other creditors - 67
Deferred income 1,990 2,985
Accrued expenses 2,401 2,399
5,304 10,523

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Directors' loan accounts 1,148 624

J.F. POYNTER LIMITED (REGISTERED NUMBER: 00341756)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Mrs A P Slade increased her loan to the company. As at 31 March 2024, the company owed her £574 (2023: £312). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

Also, during the year, P G Slade increased him loan to the company. As at 31 March 2024, the company owed him £574 (2023: £312). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A P Slade.

This was by virtue of her 49% holding of the issued share capital.