Company Registration No. 11097286 (England and Wales)
Jacob Carr Homes (poole Quay) Limited
Unaudited accounts
for the year ended 31 December 2023
Jacob Carr Homes (poole Quay) Limited
Unaudited accounts
Contents
Jacob Carr Homes (poole Quay) Limited
Company Information
for the year ended 31 December 2023
Directors
Richard Carr
Jamie Drummond
George Mellery-Pratt
Geoff Siden
Company Number
11097286 (England and Wales)
Registered Office
Fortitudo Property
153 Commercial Road
Poole
Dorset
BH14 0JD
England
Jacob Carr Homes (poole Quay) Limited
Statement of financial position
as at 31 December 2023
Inventories
11,770,743
12,695,126
Cash at bank and in hand
2,010
254,480
Creditors: amounts falling due within one year
(2,247,962)
(2,238,412)
Net current assets
9,675,085
10,848,700
Total assets less current liabilities
9,675,085
10,848,700
Creditors: amounts falling due after more than one year
(9,675,323)
(10,848,914)
Net liabilities
(238)
(214)
Called up share capital
102
102
Profit and loss account
(340)
(316)
Shareholders' funds
(238)
(214)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by
Richard Carr
Director
Company Registration No. 11097286
Jacob Carr Homes (poole Quay) Limited
Notes to the Accounts
for the year ended 31 December 2023
Jacob Carr Homes (poole Quay) Limited is a private company, limited by shares, registered in England and Wales, registration number 11097286. The registered office is Fortitudo Property, 153 Commercial Road, Poole, Dorset, BH14 0JD, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Work in progress
11,770,743
12,695,126
Inventories are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost comprises the purchase cost of land and buildings and development expenditure.
Profit on sales of developed properties are taken on receipt of sales proceeds at legal completion. Costs attributable to each sale comprises an appropriate proportion of total costs of the development.
Amounts falling due within one year
Amounts due from group undertakings etc.
49,813
112,110
Accrued income and prepayments
19,915
19,915
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,348
6,210
Trade creditors
258,103
189,698
Amounts owed to group undertakings and other participating interests
1,944,331
2,002,324
Deferred income
36,180
36,180
Jacob Carr Homes (poole Quay) Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
9,675,323
10,848,914
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).