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REGISTERED NUMBER: 10680435 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

JJ & Sons Entertainments Limited
Trading as
Drapers Hotel
Restaurant & Sports Bar

JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

JJ & Sons Entertainments Limited
Trading as Drapers Hotel
Restaurant & Sports Bar

Company Information
for the Year Ended 31 May 2024







DIRECTORS: L Miller
W Jemmett-Smith
J Jemmett





SECRETARY: J Jemmett





REGISTERED OFFICE: 53 High Street
Earls Colne
Colchester
Essex
CO6 2PB





REGISTERED NUMBER: 10680435 (England and Wales)





ACCOUNTANTS: ASAP Accounting Services Limited
Chartered Accountants
The Old Cartlodge
Warrens Farm, Great Tey
Colchester
CO6 1JG

JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 666,029 662,134

CURRENT ASSETS
Stocks 9,500 9,500
Debtors 5 5,856 11,023
Cash at bank 43,202 66,160
58,558 86,683
CREDITORS
Amounts falling due within one year 6 399,280 414,285
NET CURRENT LIABILITIES (340,722 ) (327,602 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,307

334,532

CREDITORS
Amounts falling due after more than one
year

7

200,444

226,543
NET ASSETS 124,863 107,989

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 124,763 107,889
SHAREHOLDERS' FUNDS 124,863 107,989

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar

Balance Sheet - continued
31 May 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 22 October 2024 and were signed on its behalf by:





J Jemmett - Director


JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar

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

1. STATUTORY INFORMATION

JJ & Sons Entertainments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 630,894 70,280 701,174
Additions - 13,020 13,020
At 31 May 2024 630,894 83,300 714,194
DEPRECIATION
At 1 June 2023 - 39,040 39,040
Charge for year - 9,125 9,125
At 31 May 2024 - 48,165 48,165
NET BOOK VALUE
At 31 May 2024 630,894 35,135 666,029
At 31 May 2023 630,894 31,240 662,134

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 5,856 11,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans and overdrafts 40,985 40,985
Trade creditors 10,653 9,823
Taxation and social security 18,553 24,297
Other creditors 329,089 339,180
399,280 414,285

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Bank loans 200,444 226,543

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 60,701 76,919

JJ & Sons Entertainments Limited (Registered number: 10680435)
Trading as Drapers Hotel
Restaurant & Sports Bar

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Jemmett.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
JJ & Sons Entertainments Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JJ & Sons Entertainments Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JJ & Sons Entertainments Limited, as a body, in accordance with the terms of our engagement letter dated 11 January 2019. Our work has been undertaken solely to prepare for your approval the financial statements of JJ & Sons Entertainments Limited and state those matters that we have agreed to state to the Board of Directors of JJ & Sons Entertainments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JJ & Sons Entertainments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JJ & Sons Entertainments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JJ & Sons Entertainments Limited. You consider that JJ & Sons Entertainments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JJ & Sons Entertainments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






ASAP Accounting Services Limited
Chartered Accountants
The Old Cartlodge
Warrens Farm, Great Tey
Colchester
CO6 1JG


22 October 2024