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REGISTERED NUMBER: 00286494 (England and Wales)












JOHN CHRISTIE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

JOHN CHRISTIE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: A J Christie





SECRETARY: D R Scrivins





REGISTERED OFFICE: Glyndebourne Estate Office
Glyndebourne
Lewes
East Sussex
BN8 5UU





REGISTERED NUMBER: 00286494 (England and Wales)





ACCOUNTANTS: Clark Brownscombe
Chartered Accountants
2 St Andrews Place
Lewes
East Sussex
BN7 1UP

JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 103 291,115
Investment property 5 850,000 850,000
850,103 1,141,115

CURRENT ASSETS
Debtors 6 - 5,000
Cash at bank 10,816 9,870
10,816 14,870
CREDITORS
Amounts falling due within one year 7 3,339 40,411
NET CURRENT ASSETS/(LIABILITIES) 7,477 (25,541 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

857,580

1,115,574

CAPITAL AND RESERVES
Called up share capital 8 1,233,000 1,233,000
Fair value reserve 9 788,031 788,031
Retained earnings (1,163,451 ) (905,457 )
SHAREHOLDERS' FUNDS 857,580 1,115,574

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

BALANCE SHEET - continued
31ST MARCH 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 director and authorised for issue on 12th September 2024 and were signed by:





A J Christie - Director


JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

John Christie 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 as modified by the revaluation of certain assets.

Turnover
Turnover is the amount receivable from investment income and bank interest.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 1 (2023 - 1 ) .

JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1st April 2023 291,115
Disposals (291,012 )
At 31st March 2024 103
NET BOOK VALUE
At 31st March 2024 103
At 31st March 2023 291,115

Cost or valuation at 31st March 2024 is represented by:

Shares in
group
undertakings
£   
Cost 103

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023
and 31st March 2024 850,000
NET BOOK VALUE
At 31st March 2024 850,000
At 31st March 2023 850,000

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2023 788,031
Cost 61,969
850,000

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

2024 2023
£    £   
Cost 61,969 61,969

Investment property was valued on an open market basis on 31st March 2023 by the director .

JOHN CHRISTIE LIMITED (REGISTERED NUMBER: 00286494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 5,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 398 38,388
Other creditors 2,941 2,023
3,339 40,411

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,233,000 Ordinary £1 1,233,000 1,233,000

9. RESERVES
Fair
value
reserve
£   
At 1st April 2023
and 31st March 2024 788,031

10. PENSION SCHEME

The John Christie Limited group of companies are members of the Christie Pension & Life Assurance Scheme, which is a multi employer scheme. John Christie Limited has no employees, apart from the director and therefore does not make any contributions in respect of current service. The Scheme carried out a buy-in transaction with Just Group plc covering all scheme liabilities as of 4 August 2023.

11. UNDERWRITING OF PENSION SCHEME

The company's pension scheme liability has been fully underwritten by A J Christie whose net worth was verified as part of the sectionalisation of the pension scheme in December 2008 and his net worth has increased since that date. Based on the actuarial valuation as at 5 December 2020, the Sussex section of the scheme is in surplus.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JOHN CHRISTIE LIMITED


The following reproduces the text of the report prepared for the director 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 Director 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 John Christie Limited for the year ended 31st March 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 director of John Christie Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of John Christie Limited and state those matters that we have agreed to state to the director of John Christie Limited 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 John Christie Limited and its director for our work or for this report.

It is your duty to ensure that John Christie 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 loss of John Christie Limited. You consider that John Christie 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 John Christie 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.






Clark Brownscombe
Chartered Accountants
2 St Andrews Place
Lewes
East Sussex
BN7 1UP


13th September 2024