J. & A.J Pointon Limited 00472664 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is letting and leasing property. Digita Accounts Production Advanced 6.30.9574.0 true 00472664 2023-01-01 2023-12-31 00472664 2023-12-31 00472664 core:OtherReservesSubtotal 2023-12-31 00472664 core:RetainedEarningsAccumulatedLosses 2023-12-31 00472664 core:ShareCapital 2023-12-31 00472664 core:CurrentFinancialInstruments 2023-12-31 00472664 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 00472664 bus:SmallEntities 2023-01-01 2023-12-31 00472664 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00472664 bus:FullAccounts 2023-01-01 2023-12-31 00472664 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00472664 bus:RegisteredOffice 2023-01-01 2023-12-31 00472664 bus:Director2 2023-01-01 2023-12-31 00472664 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00472664 countries:EnglandWales 2023-01-01 2023-12-31 00472664 2022-12-31 00472664 2022-01-01 2022-12-31 00472664 2022-12-31 00472664 core:OtherReservesSubtotal 2022-12-31 00472664 core:RetainedEarningsAccumulatedLosses 2022-12-31 00472664 core:ShareCapital 2022-12-31 00472664 core:CurrentFinancialInstruments 2022-12-31 00472664 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 00472664

J. & A.J Pointon Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

J. & A.J Pointon Limited

Contents

Profit and Loss Account and Statement of Retained Earnings

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

J. & A.J Pointon Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 December 2023

Note

2023
£

2022
£

Turnover

 

14,348

13,082

Administrative expenses

 

(12,779)

(10,995)

Other operating income

 

-

15,000

Operating profit

 

1,569

17,087

Profit before tax

1,569

17,087

Taxation

 

(298)

(397)

Profit for the financial year

 

1,271

16,690

Retained earnings brought forward

 

24,953

31,558

Transfer to non distributable fair value reserve

 

-

(15,000)

Retained earnings carried forward

 

26,224

33,248

 

J. & A.J Pointon Limited

(Registration number: 00472664)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

 

Fixed assets

Tangible assets

3,456

-

4

Investment property

195,000

195,000

 

198,456

195,000

 

Current assets

5

Debtors

7,506

10,853

 

Cash at bank and in hand

35,220

33,284

 

42,726

44,137

6

Creditors: Amounts falling due within one year

(36,301)

(35,527)

 

Net current assets

6,425

8,610

 

Total assets less current liabilities

204,881

203,610

Provisions for liabilities

(33,375)

(33,375)

 

Net assets

171,506

170,235

 

Capital and reserves

Called up share capital

3,000

3,000

Other reserves

142,282

142,282

Retained earnings

26,224

24,953

 

171,506

170,235

 

Shareholders' funds

171,506

170,235

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

J. & A.J Pointon Limited

(Registration number: 00472664)
Balance Sheet as at 31 December 2023

Approved and authorised by the Board on 23 September 2024 and signed on its behalf by:
 

.........................................
Mr William Samuel Pointon
Director

 

J. & A.J Pointon Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
100 Tunstall Road
Biddulph
Stoke-On-Trent
Staffordshire
ST8 6HN

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

J. & A.J Pointon Limited

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

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

4

Investment properties

2023
£

At 1 January

195,000

At 31 December

195,000

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

2023
£

2022
£

Trade debtors

7,506

10,853

 

J. & A.J Pointon Limited

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

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

13

397

Accruals and deferred income

3,817

3,780

Other creditors

32,471

31,350

36,301

35,527