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REGISTERED NUMBER: 06081473 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

JAYNE DAINES LIMITED

JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAYNE DAINES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mrs J Daines





SECRETARY: S Daines





REGISTERED OFFICE: 4 Wicket Way
Edlington
Doncaster
South Yorkshire
DN12 1SA





REGISTERED NUMBER: 06081473 (England and Wales)





ACCOUNTANTS: A Wigglesworth and Company Ltd
Chartered Accountants
Armstrong House
First Avenue
Finningley
Doncaster
South Yorkshire
DN9 3GA

JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 76,471 78,756
76,471 78,756

CURRENT ASSETS
Stocks 760 810
Cash at bank and in hand 1,681 2,378
2,441 3,188
CREDITORS
Amounts falling due within one year 6 41,876 19,973
NET CURRENT LIABILITIES (39,435 ) (16,785 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,036

61,971

CREDITORS
Amounts falling due after more than one
year

7

(4,824

)

(41,995

)

PROVISIONS FOR LIABILITIES (128 ) (132 )
NET ASSETS 32,084 19,844

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 32,081 19,841
SHAREHOLDERS' FUNDS 32,084 19,844

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)

BALANCE SHEET - continued
29 FEBRUARY 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 2 September 2024 and were signed by:





Mrs J Daines - Director


JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Jayne Daines 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.

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 2007, is being amortised evenly over its estimated useful life of five years.

Goodwill has now been fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance

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.


JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 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.

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.

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 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 5,000
AMORTISATION
At 1 March 2023
and 29 February 2024 5,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

JAYNE DAINES LIMITED (REGISTERED NUMBER: 06081473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 108,285 6,650 114,935
DEPRECIATION
At 1 March 2023 30,323 5,856 36,179
Charge for year 2,166 119 2,285
At 29 February 2024 32,489 5,975 38,464
NET BOOK VALUE
At 29 February 2024 75,796 675 76,471
At 28 February 2023 77,962 794 78,756

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,213 8,838
Trade creditors 1,682 1,861
Taxation and social security 3,582 3,284
Other creditors 32,399 5,990
41,876 19,973

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 4,824 41,995

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,321

8. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is the director due to holding 66.7% of the issued share capital.