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REGISTERED NUMBER: 05977809 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JACKSON ROWE ASSOCIATES LTD

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JACKSON ROWE ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D M Rowe
A C Wibling
Mrs G V Good
Mrs N M E Head
Mrs S M Barnes





REGISTERED OFFICE: Harley House
Brooklands Park
Farningham Road
Crowborough
East Sussex
TN6 2JD





REGISTERED NUMBER: 05977809 (England and Wales)





ACCOUNTANTS: Synergee Limited
Pluto House
6 Vale Avenue
Tunbridge Wells
Kent
TN1 1DJ

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,531 20,582

CURRENT ASSETS
Debtors 5 600,380 815,965
Cash at bank 422,371 627,434
1,022,751 1,443,399
CREDITORS
Amounts falling due within one year 6 (535,223 ) (666,813 )
NET CURRENT ASSETS 487,528 776,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

506,059

797,168

CREDITORS
Amounts falling due after more than one year 7 (14,167 ) (24,167 )

PROVISIONS FOR LIABILITIES 8 (4,633 ) (3,536 )
NET ASSETS 487,259 769,465

CAPITAL AND RESERVES
Called up share capital 9 1,603 1,603
Retained earnings 10 485,656 767,862
SHAREHOLDERS' FUNDS 487,259 769,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

BALANCE SHEET - continued
31 DECEMBER 2023


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 2 September 2024 and were signed on its behalf by:





D M Rowe - Director


JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Jackson Rowe Associates Ltd 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 from the provision of services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when the following conditions are satisfied:
- the amount of turnover can be measured reliably;
- it is probable that consideration due will be received;
- the stage of completion of the contract at the reporting date can be measured reliably, and
- the costs incurred, or to be incurred, can be measured reliably.

Fees represent the amounts receivable for services provided during the year, including recoverable expenses, net of VAT.

Fees are recognised when the right to consideration has arisen through the performance of each assignment undertaken. Consideration accrues as the assignment progresses by reference to the value of work performed. Fees are not recognised where the right to receive payment is contingent on events outside the control of the entity.

Amounts billed on account of work in progress is deducted from gross work in progress to the extent that it is not recognised as revenue. Amounts billed on account of work in progress is included within creditors as deferred income, to the extent that this exceeds the value of the related work in progress. Fees not invoiced at the year end is shown as unbilled debtors.

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 - 25% on reducing balance
Computer equipment - 33.33% on cost

Tangible fixed assets are held under the cost model, and are stated at their historical cost less accumulated depreciation and impairment losses. Cost includes directly attributable expenditure in bringing the asset into the location and condition necessary for operation.

The assets' residual values; useful lives and depreciation methods are reviewed periodically and prospectively adjusted where appropriate; or where there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount, and are recognised in the statement of income and retained earnings.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors; loans from banks and other third parties; loans to related parties and investments in non-puttable ordinary shares.

Debt instruments, other than those wholly payable or receivable within one year, including loans and other accounts receivable and payable are initially measured at the present value of future cash flows, and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured at the undiscounted amount of consideration expected to be paid or received. If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not at a market rate, the financial asset or liability is initially measured at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument, and subsequently measured at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment, and such impairments is recognised in total comprehensive income.

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.

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.

Foreign currencies
The company's functional and presentation currency is GBP.

At each reporting date, foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction. Non-monetary items at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from translation of monetary assets and liabilities denominated in foreign currencies at the reporting date are recognised in the statement of income and retained earnings.

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of income and retained earnings on a straight line basis over the term of the lease.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by hire purchase are depreciated over the useful economic life. Assets acquired by finance lease are depreciated over the term of the lease, or useful economic life if shorter.

Finance leases are those where substantially all of the risks and benefits of ownership are assumed by the company. Obligations under such agreements are included in creditors, net of finance charges allocated to future periods. The finance element of the rental payment is charged to the statement of income and retained earnings so as to produce a constant, periodic rate of charge on the net obligation outstanding in each period.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. A defined contribution scheme is a plan under which the company pays fixed contributions into a separate legal entity. Once the contributions have been paid, the company has no further payment obligations.

Contributions payable to the company's pension scheme are recognised in the statement of income and retained earnings in the period to which they fall due. Amounts not paid by the reporting date are shown within accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 16,718 42,596 59,314
Additions - 9,988 9,988
At 31 December 2023 16,718 52,584 69,302
DEPRECIATION
At 1 January 2023 11,342 27,390 38,732
Charge for year 1,344 10,695 12,039
At 31 December 2023 12,686 38,085 50,771
NET BOOK VALUE
At 31 December 2023 4,032 14,499 18,531
At 31 December 2022 5,376 15,206 20,582

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 546,866 756,728
Other debtors 3,610 3,600
Prepayments and accrued income 49,904 55,637
600,380 815,965

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 38,839 74,709
Tax 329,729 328,500
Social security and other taxes 13,689 19,127
VAT 101,743 175,639
Other creditors 11,687 14,054
Directors' current accounts - 45
Accruals and deferred income 29,536 44,739
535,223 666,813

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 4,167 14,167
14,167 24,167

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 4,633 3,536

Deferred
tax
£   
Balance at 1 January 2023 3,536
Provided during year 1,097
Accelerated capital allowances
Balance at 31 December 2023 4,633

JACKSON ROWE ASSOCIATES LTD (REGISTERED NUMBER: 05977809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
65 "A" Ordinary £1 65 65
15 "B" Ordinary £1 15 15
1 "C" Ordinary £1 1 1
1 "D" Ordinary £1 1 1
5 "E" Ordinary £1 5 5
1 "F" Ordinary £1 1 1
15 "G" Ordinary £1 15 15
103 103

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
1,500 Ordinary £1 1,500 1,500

10. RESERVES

Retained earnings represent distributable reserves of accumulated profits and losses.

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company is owed £100 (2022: £100) by Jackson Rowe Limited, the holding company of Jackson Rowe Associates Limited.

At the balance sheet date the company is owed £360 (2022: £350) by Jackson Rowe Advisory Limited, a subsidiary of Jackson Rowe Limited.