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REGISTERED NUMBER: 10249055 (England and Wales)















HS AND JE JONES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2024






HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


HS AND JE JONES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







Directors: H S Jones
Mrs J E Jones





Registered office: Nant Farm Lower Mountain Road
Penyffordd
Chester
Flintshire
CH4 0EU





Registered number: 10249055 (England and Wales)





Accountants: John Davies and Co
St Andrews House
Yale Business Village
Ellice Way
Wrexham
Wrexham CB
LL13 7YL

HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 225 300
Investment property 5 3,512,554 3,512,554
3,512,779 3,512,854

Current assets
Debtors 6 137,243 105,561
Cash at bank 77,166 187,392
214,409 292,953
Creditors
Amounts falling due within one year 7 2,613,203 2,842,755
Net current liabilities (2,398,794 ) (2,549,802 )
Total assets less current liabilities 1,113,985 963,052

Provisions for liabilities 28,589 28,570
Net assets 1,085,396 934,482

Capital and reserves
Called up share capital 200 200
Retained earnings 1,085,196 934,282
Shareholders' funds 1,085,396 934,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

BALANCE SHEET - continued
30 JUNE 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





Mrs J E Jones - Director


HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. Statutory information

HS And JE Jones 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.

Turnover
Turnover represents rental income and services recharged and consultancy income. Income is recognised in the period it relates to, net of vat.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Employees and directors

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

HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 July 2023
and 30 June 2024 832
Depreciation
At 1 July 2023 532
Charge for year 75
At 30 June 2024 607
Net book value
At 30 June 2024 225
At 30 June 2023 300

5. Investment property
Total
£   
Fair value
At 1 July 2023
and 30 June 2024 3,512,554
Net book value
At 30 June 2024 3,512,554
At 30 June 2023 3,512,554

The directors consider the value of the property to be reasonable based on market conditions.

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 136,243 104,561
Other debtors 1,000 1,000
137,243 105,561

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Taxation and social security 57,011 60,792
Other creditors 2,556,192 2,781,963
2,613,203 2,842,755

HS AND JE JONES LIMITED (REGISTERED NUMBER: 10249055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. Related party disclosures

The company operates loan accounts with the directors, Included in other creditors is £1,436,468 (2023 £1,666,449 ) owed to H S Jones and J E Jones equally.
The loans have no interest charged and are repayable on demand.

9. Ultimate controlling party

The company is under the control of the directors