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REGISTERED NUMBER: 12444872 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

Jones Surgery Limited

Jones Surgery Limited (Registered number: 12444872)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Jones Surgery Limited (Registered number: 12444872)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,094 1,536

CURRENT ASSETS
Debtors 5 11,191 17,734
Cash at bank 116,782 31,345
127,973 49,079
CREDITORS
Amounts falling due within one year 6 47,528 12,928
NET CURRENT ASSETS 80,445 36,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,539

37,687

PROVISIONS FOR LIABILITIES 398 369
NET ASSETS 82,141 37,318

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 81,941 37,118
SHAREHOLDERS' FUNDS 82,141 37,318

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th September 2024 and were signed on its behalf by:





Dr R P Jones - Director


Jones Surgery Limited (Registered number: 12444872)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. COMPANY INFORMATION

Jones Surgery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12444872

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation,
net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Jones Surgery Limited (Registered number: 12444872)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

2. ACCOUNTING POLICIES - continued

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st March 2023 2,116
Additions 1,449
At 29th February 2024 3,565
DEPRECIATION
At 1st March 2023 580
Charge for year 891
At 29th February 2024 1,471
NET BOOK VALUE
At 29th February 2024 2,094
At 28th February 2023 1,536

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 11,191 11,359
Prepayments and accrued income - 6,375
11,191 17,734

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 44,567 11,210
Directors' current accounts 171 566
Accrued expenses 2,790 1,152
47,528 12,928

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary A 1 100 100
100 Ordinary B 1 100 100
200 200

Jones Surgery Limited (Registered number: 12444872)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

7. CALLED UP SHARE CAPITAL - continued

The A Shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The B Shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The A and B Shares rank pari passu in respect of dividend and capital distribution rights.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

29.2.24 28.2.23
£    £   
Dr R P Jones
Balance outstanding at start of year (566 ) 216
Amounts advanced 173,657 66,144
Amounts repaid (173,262 ) (66,926 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (171 ) (566 )

The loan is repayable on demand and no interest was charged during the year.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Dr R P Jones.