Registered number
12361355
JHR Partners Limited
Filleted Accounts
31 March 2024
JHR Partners Limited
Registered number: 12361355
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 125 166
Current assets
Debtors 4 6,591 12,540
Cash at bank and in hand 46,342 37,640
52,933 50,180
Creditors: amounts falling due within one year 5 (33,627) (32,471)
Net current assets 19,306 17,709
Net assets 19,431 17,875
Capital and reserves
Called up share capital 40 40
Profit and loss account 19,391 17,835
Shareholders' funds 19,431 17,875
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Hulatt
Director
Approved by the board on 22 October 2024
JHR Partners Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 393
At 31 March 2024 393
Depreciation
At 1 April 2023 227
Charge for the year 41
At 31 March 2024 268
Net book value
At 31 March 2024 125
At 31 March 2023 166
4 Debtors 2024 2023
£ £
Trade debtors 6,591 12,540
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 14,470 8,188
Taxation and social security costs 16,555 18,907
Other creditors 2,602 5,376
33,627 32,471
6 Other information
JHR Partners Limited is a private company limited by shares and incorporated in England. Its registered office is:
Studio 3
Capability House
Wrest Park
Silsoe
MK45 4HR
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