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REGISTERED NUMBER: 01901286 (England and Wales)










Julia Carpenter Developments Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024






Julia Carpenter Developments Limited (Registered number: 01901286)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Julia Carpenter Developments Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs A J M Carpenter





REGISTERED OFFICE: 7 Lynwood Court
Priestlands Place
Lymington
SO41 9GA





REGISTERED NUMBER: 01901286 (England and Wales)

Julia Carpenter Developments Limited (Registered number: 01901286)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 5 166,912 614,714

CURRENT ASSETS
Debtors 6 328,562 518,068
Cash at bank 257,226 -
585,788 518,068
CREDITORS
Amounts falling due within one year 7 (39,402 ) (369,695 )
NET CURRENT ASSETS 546,386 148,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

713,298

763,087

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 45,781 384,895
Retained earnings 666,517 377,192
713,298 763,087

Julia Carpenter Developments Limited (Registered number: 01901286)

Balance Sheet - continued
31 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:





Mrs A J M Carpenter - Director


Julia Carpenter Developments Limited (Registered number: 01901286)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Julia Carpenter Developments 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

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.

The company's functional and presentational currency is pound sterling.

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.

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

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 614,714
Disposals (450,000 )
Revaluations 2,198
At 31 January 2024 166,912
NET BOOK VALUE
At 31 January 2024 166,912
At 31 January 2023 614,714

Julia Carpenter Developments Limited (Registered number: 01901286)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2017 386,257
Valuation in 2018 2,595
Valuation in 2019 (505 )
Valuation in 2020 (4,808 )
Valuation in 2021 6,860
Valuation in 2022 (6,063 )
Valuation in 2023 559
Valuation in 2024 (339,114 )
Cost 121,131
166,912

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 121,131 229,819

Investment properties were valued on an open market basis on 31 January 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 106,740 127,342
Directors' current accounts 221,822 390,726
328,562 518,068

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax liability 37,709 226,496
Other creditors - 127,342
Accruals 1,693 15,857
39,402 369,695

Julia Carpenter Developments Limited (Registered number: 01901286)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mrs J Whitting
Balance outstanding at start of year 390,726 415,739
Amounts advanced - 35,000
Amounts repaid (168,904 ) (60,013 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 221,822 390,726