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REGISTERED NUMBER: 00702364 (England and Wales)









Financial Statements

for the Year Ended 31 December 2023

for

Jeray (Sales) Limited

Jeray (Sales) Limited (Registered number: 00702364)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jeray (Sales) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs L Spencer
P R Spencer
J W Lowe





REGISTERED OFFICE: Unit 5
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9PX





REGISTERED NUMBER: 00702364 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Jeray (Sales) Limited (Registered number: 00702364)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,793 891
Investments 5 517,785 5
519,578 896

CURRENT ASSETS
Debtors 6 708,328 772,738
Cash at bank 398,776 925,705
1,107,104 1,698,443
CREDITORS
Amounts falling due within one year 7 269,698 292,612
NET CURRENT ASSETS 837,406 1,405,831
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,356,984

1,406,727

PROVISIONS FOR LIABILITIES 3,742 -
NET ASSETS 1,353,242 1,406,727

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,353,142 1,406,627
SHAREHOLDERS' FUNDS 1,353,242 1,406,727

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.

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 16 September 2024 and were signed on its behalf by:





P R Spencer - Director


Jeray (Sales) Limited (Registered number: 00702364)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Jeray (Sales) 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 as modified by the revaluation of certain assets.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period, and also have been consistently applied within the same accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings Computer
& equipment equipment Totals
£    £    £   
COST
At 1 January 2023 7,165 525 7,690
Additions 331 875 1,206
At 31 December 2023 7,496 1,400 8,896
DEPRECIATION
At 1 January 2023 6,476 323 6,799
Charge for year 176 128 304
At 31 December 2023 6,652 451 7,103
NET BOOK VALUE
At 31 December 2023 844 949 1,793
At 31 December 2022 689 202 891

Jeray (Sales) Limited (Registered number: 00702364)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 5 - 5
Additions - 500,000 500,000
Revaluations - 17,780 17,780
At 31 December 2023 5 517,780 517,785
NET BOOK VALUE
At 31 December 2023 5 517,780 517,785
At 31 December 2022 5 - 5

Cost or valuation at 31 December 2023 is represented by:

Interest
in Other
associate investments Totals
£    £    £   
Valuation in 2023 - 17,780 17,780
Cost 5 500,000 500,005
5 517,780 517,785

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 299,540 376,670
Other debtors 405,831 389,534
Tax - 3,638
Prepayments and accrued income 2,957 2,896
708,328 772,738

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,999 1,369
Tax 5,056 10,804
VAT 747 10,854
Amounts owed to connected company 155,847 187,131
Directors' current accounts 92,897 74,401
Accruals and deferred income 9,152 8,053
269,698 292,612