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Company Registration No. 12320597 (England and Wales)
JOSEPH & PETERS LIMITED Unaudited accounts for the year ended 30 November 2023
JOSEPH & PETERS LIMITED Unaudited accounts Contents
Page
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JOSEPH & PETERS LIMITED Company Information for the year ended 30 November 2023
Director
Sharon Joseph
Company Number
12320597 (England and Wales)
Registered Office
53 PEAR TREE DRIVE FARNWORTH BOLTON BL4 9RR ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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JOSEPH & PETERS LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
12,596 
15,000 
Current assets
Debtors
100 
404 
Cash at bank and in hand
187 
131 
287 
535 
Creditors: amounts falling due within one year
(450)
- 
Net current (liabilities)/assets
(163)
535 
Total assets less current liabilities
12,433 
15,535 
Creditors: amounts falling due after more than one year
(15,771)
(17,854)
Net liabilities
(3,338)
(2,319)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,438)
(2,419)
Shareholders' funds
(3,338)
(2,319)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2024 and were signed on its behalf by
Sharon Joseph Director Company Registration No. 12320597
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JOSEPH & PETERS LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
JOSEPH & PETERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12320597. The registered office is 53 PEAR TREE DRIVE, FARNWORTH, BOLTON, BL4 9RR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investments
Other investments 
£ 
Valuation at 1 December 2022
15,000 
Fair value adjustments
(2,404)
Valuation at 30 November 2023
12,596 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
304 
Amounts falling due after more than one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
450 
- 
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JOSEPH & PETERS LIMITED Notes to the Accounts for the year ended 30 November 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,771 
17,854 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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