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Company Registration No. 04686777 (England and Wales)
Julian Rowe-Jones Limited Unaudited accounts for the year ended 31 March 2024
Julian Rowe-Jones Limited Unaudited accounts Contents
Page
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Julian Rowe-Jones Limited Company Information for the year ended 31 March 2024
Directors
Dr J M Rowe Jones Mrs E C Rowe Jones
Secretary
Mrs E C Rowe Jones
Company Number
04686777 (England and Wales)
Registered Office
Albany House Claremont Lane Esher Surrey KT10 9FQ
Accountants
Wellden Turnbull Limited Albany House Claremont Lane Esher Surrey KT10 9FQ
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Julian Rowe-Jones Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,271 
26,462 
Current assets
Debtors
4,414 
- 
Cash at bank and in hand
357,512 
315,778 
361,926 
315,778 
Creditors: amounts falling due within one year
(230,372)
(94,797)
Net current assets
131,554 
220,981 
Net assets
157,825 
247,443 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
156,825 
246,443 
Shareholders' funds
157,825 
247,443 
For the year ending 31 March 2024 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 30 September 2024 and were signed on its behalf by
Dr J M Rowe Jones Director Company Registration No. 04686777
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Julian Rowe-Jones Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Julian Rowe-Jones Limited is a private company, limited by shares, registered in England and Wales, registration number 04686777. The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
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
Basis of preparation
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Income from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.
Taxation
Tax is recognised in the statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
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Julian Rowe-Jones Limited Notes to the Accounts for the year ended 31 March 2024
Tangible fixed assets and depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of income and retained earnings.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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Julian Rowe-Jones Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
39,282 
25,374 
92,828 
157,484 
Additions
- 
3,548 
1,385 
4,933 
Disposals
- 
- 
(2,336)
(2,336)
At 31 March 2024
39,282 
28,922 
91,877 
160,081 
Depreciation
At 1 April 2023
39,282 
22,710 
69,030 
131,022 
Charge for the year
- 
444 
3,535 
3,979 
On disposals
- 
- 
(1,191)
(1,191)
At 31 March 2024
39,282 
23,154 
71,374 
133,810 
Net book value
At 31 March 2024
- 
5,768 
20,503 
26,271 
At 31 March 2023
- 
2,664 
23,798 
26,462 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,784 
- 
Accrued income and prepayments
630 
- 
4,414 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,270 
3,402 
Taxes and social security
129,995 
88,374 
Other creditors
4,029 
399 
Loans from directors
32 
- 
Accruals
2,832 
2,622 
Deferred income
89,214 
- 
230,372 
94,797 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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