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REGISTERED NUMBER: 01227623 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

E. AND V. JONES (BUTCHERS) LIMITED

E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

E. AND V. JONES (BUTCHERS) LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: Mr E Jones





SECRETARY: Mrs M B Jones





REGISTERED OFFICE: 98 Hornchurch Road
Hornchurch
Essex
RM11 1JS





REGISTERED NUMBER: 01227623 (England and Wales)





ACCOUNTANTS: Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS

E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,603 3,471
Investment property 6 1,400,000 1,400,000
1,402,603 1,403,471

CURRENT ASSETS
Stocks 2,800 2,800
Debtors 7 1,550 9,370
Cash at bank 21,430 33,170
25,780 45,340
CREDITORS
Amounts falling due within one year 8 37,520 40,763
NET CURRENT (LIABILITIES)/ASSETS (11,740 ) 4,577
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,390,863

1,408,048

PROVISIONS FOR LIABILITIES 210,565 210,729
NET ASSETS 1,180,298 1,197,319

CAPITAL AND RESERVES
Called up share capital 9,100 9,100
Revaluation reserve 896,717 896,717
Retained earnings 274,481 291,502
SHAREHOLDERS' FUNDS 1,180,298 1,197,319

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 director acknowledges his 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.

E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

BALANCE SHEET - continued
31 March 2024


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 director and authorised for issue on 16 July 2024 and were signed by:





Mr E Jones - Director


E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

E. And V. Jones (Butchers) 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.

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 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 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

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.


E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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 9 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 25,000
AMORTISATION
At 1 April 2023
and 31 March 2024 25,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 26,538
DEPRECIATION
At 1 April 2023 23,067
Charge for year 868
At 31 March 2024 23,935
NET BOOK VALUE
At 31 March 2024 2,603
At 31 March 2023 3,471

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,400,000
NET BOOK VALUE
At 31 March 2024 1,400,000
At 31 March 2023 1,400,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 1,400,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 292,943 292,943

The investment property was valued on the open market basis on 31 March 2019 by Mr E Jones .

E. AND V. JONES (BUTCHERS) LIMITED (REGISTERED NUMBER: 01227623)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 832 1,226
Other debtors 718 8,144
1,550 9,370

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,692 3,528
Taxation and social security 5,823 13,678
Other creditors 29,005 23,557
37,520 40,763

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,527 (2023 - £25,534) were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr E Jones.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
E. AND V. JONES (BUTCHERS) LIMITED

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 E. And V. Jones (Butchers) Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes 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 director of E. And V. Jones (Butchers) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of E. And V. Jones (Butchers) Limited and state those matters that we have agreed to state to the director of E. And V. Jones (Butchers) Limited 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 director for our work or for this report.

It is your duty to ensure that E. And V. Jones (Butchers) 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 E. And V. Jones (Butchers) Limited. You consider that E. And V. Jones (Butchers) 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 E. And V. Jones (Butchers) 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.






Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS


16 July 2024