Company registration number: 13338051
Unaudited financial statements
for the year ended 30 April 2024
for
The J & J Edition Limited
Pages for filing with the Registrar
Company registration number: 13338051
The J & J Edition Limited
Balance sheet
as at 30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 5,224 10,454
Investment property 5 1,554,483 1,554,483
1,559,707 1,564,937
Current assets
Debtors 14,213 11,408
Cash at bank and in hand 14,056 16,436
28,269 27,844
Creditors: amounts falling due within
one year
(1,632,593) (1,639,246)
Net current liabilities (1,604,324) (1,611,402)
Total assets less current liabilities (44,617) (46,465)
NET LIABILITIES (44,617) (46,465)
Capital and reserves
Called up share capital 100 100
Profit and loss account (44,717) (46,565)
TOTAL EQUITY (44,617) (46,465)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13338051
The J & J Edition Limited
Balance sheet - continued
as at 30 April 2024
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 September 2024 and signed on its behalf by:
Ms L Southwell, Director
24 September 2024
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The J & J Edition Limited
Notes to the financial statements
for the year ended 30 April 2024
1 Company information
The company is registered in England and Wales. Its registered number is 13338051. The company is limited by shares. Its registered office is Whiteacres, Station Road, Broadway, WR12 7DE.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% straight line
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
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The J & J Edition Limited
Notes to the financial statements - continued
for the year ended 30 April 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 May 2023 20,908
At 30 April 2024 20,908
Depreciation
At 1 May 2023 10,454
Charge for year 5,230
At 30 April 2024 15,684
Net book value
At 30 April 2024 5,224
At 30 April 2023 10,454
5 Investment property
£
Valuation
At 1 May 2023 1,554,483
Disposals -
At 30 April 2024 1,554,483
6 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023.
2024 2023
£ £
Mr Paul Nicholson
Balance outstanding at start of year 546 546
Amounts repaid (546) -
Balance outstanding at end of year - 546
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