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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
Page
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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
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Jacob Carr Homes (poole Quay) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
11,770,743 
12,695,126 
Debtors
150,294 
137,506 
Cash at bank and in hand
2,010 
254,480 
11,923,047 
13,087,112 
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)
Capital and reserves
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
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Jacob Carr Homes (poole Quay) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
4
Inventories
2023 
2022 
£ 
£ 
Work in progress
11,770,743 
12,695,126 
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.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
80,566 
5,379 
Amounts due from group undertakings etc.
49,813 
112,110 
Accrued income and prepayments
19,915 
19,915 
Other debtors
- 
102 
150,294 
137,506 
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 
Accruals
4,000 
4,000 
Deferred income
36,180 
36,180 
2,247,962 
2,238,412 
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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).
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