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REGISTERED NUMBER: 04150917 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

JULIE PRICE & CO LIMITED

JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JULIE PRICE & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs J E Noble





REGISTERED OFFICE: C/O Philip Barnes & Co Limited
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 04150917 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,271 4,960
2,271 4,960

CURRENT ASSETS
Debtors 6 70,260 85,031
Cash at bank and in hand 100,191 103,564
170,451 188,595
CREDITORS
Amounts falling due within one year 7 127,673 153,168
NET CURRENT ASSETS 42,778 35,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,049

40,387

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 44,049 39,387
SHAREHOLDERS' FUNDS 45,049 40,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and loss account has not been delivered.

JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)

BALANCE SHEET - continued
30 JUNE 2024



The financial statements were approved by the director and authorised for issue on 19 August 2024 and were signed by:





Mrs J E Noble - Director


JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Julie Price & Co Limited 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Preparation of consolidated financial statements
The financial statements contain information about Julie Price & Co Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents commission and fees derived from the provision of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on cost and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Insurance broking accounts
The company acts as agent and not principal for insurance transactions however the accounts follow the generally accepted accounting practice to show bank balances, debtors and creditors relating to insurance business as assets and liabilities of the business itself.

3. EMPLOYEES

The average number of employees during the year was 6 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 12,000
AMORTISATION
At 1 July 2023
and 30 June 2024 12,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023 57,560
Disposals (2,269 )
At 30 June 2024 55,291
DEPRECIATION
At 1 July 2023 52,600
Charge for year 2,442
Eliminated on disposal (2,022 )
At 30 June 2024 53,020
NET BOOK VALUE
At 30 June 2024 2,271
At 30 June 2023 4,960

JULIE PRICE & CO LIMITED (REGISTERED NUMBER: 04150917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,837 17,794
Amounts owed by group undertakings 49,661 66,490
Other debtors 4,762 747
70,260 85,031

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 86,947 100,314
Taxation and social security 30,289 24,959
Other creditors 10,437 27,895
127,673 153,168

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
900 Ordinary 'A' £1 900 900
100 Ordinary 'B' £1 100 100
1,000 1,000