IRIS Accounts Production v24.3.0.553 11099919 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false 1628 1628 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110999192023-01-31110999192024-01-31110999192023-02-012024-01-31110999192021-12-31110999192022-01-012023-01-31110999192023-01-3111099919ns15:EnglandWales2023-02-012024-01-3111099919ns14:PoundSterling2023-02-012024-01-3111099919ns10:Director12023-02-012024-01-3111099919ns10:Director22023-02-012024-01-3111099919ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3111099919ns10:SmallEntities2023-02-012024-01-3111099919ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3111099919ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3111099919ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3111099919ns10:FullAccounts2023-02-012024-01-311109991912023-02-012024-01-311109991942ns10:Director22023-02-012024-01-311109991942ns10:Director22024-01-3111099919ns10:RegisteredOffice2023-02-012024-01-3111099919ns5:CurrentFinancialInstruments2024-01-3111099919ns5:CurrentFinancialInstruments2023-01-3111099919ns5:Non-currentFinancialInstruments2024-01-3111099919ns5:Non-currentFinancialInstruments2023-01-3111099919ns5:ShareCapital2024-01-3111099919ns5:ShareCapital2023-01-3111099919ns5:RetainedEarningsAccumulatedLosses2024-01-3111099919ns5:RetainedEarningsAccumulatedLosses2023-01-3111099919ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3111099919ns5:PatentsTrademarksLicencesConcessionsSimilar2023-02-012024-01-3111099919ns5:PlantMachinery2023-02-012024-01-3111099919ns5:MotorVehicles2023-02-012024-01-3111099919ns5:ComputerEquipment2023-02-012024-01-3111099919ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3111099919ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-3111099919ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3111099919ns5:PlantMachinery2023-01-3111099919ns5:MotorVehicles2023-01-3111099919ns5:ComputerEquipment2023-01-3111099919ns5:PlantMachinery2024-01-3111099919ns5:MotorVehicles2024-01-3111099919ns5:ComputerEquipment2024-01-3111099919ns5:PlantMachinery2023-01-3111099919ns5:MotorVehicles2023-01-3111099919ns5:ComputerEquipment2023-01-3111099919ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-3111099919ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-012024-01-3111099919ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-3111099919ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-3111099919ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3111099919ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3111099919ns5:HirePurchaseContractsns5:WithinOneYear2024-01-3111099919ns5:HirePurchaseContractsns5:WithinOneYear2023-01-3111099919ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-01-3111099919ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-01-3111099919ns5:HirePurchaseContracts2024-01-3111099919ns5:HirePurchaseContracts2023-01-3111099919ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3111099919ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3111099919ns5:WithinOneYear2024-01-3111099919ns5:WithinOneYear2023-01-3111099919ns5:BetweenOneFiveYears2024-01-3111099919ns5:BetweenOneFiveYears2023-01-3111099919ns5:AllPeriods2024-01-3111099919ns5:AllPeriods2023-01-31110999191ns10:Director12023-01-31110999191ns10:Director12021-12-31110999191ns10:Director12023-02-012024-01-31110999191ns10:Director12022-01-012023-01-31110999191ns10:Director12024-01-31110999191ns10:Director12023-01-31
REGISTERED NUMBER: 11099919 (England and Wales)












Jonathan Cunliffe Ltd

Unaudited Financial Statements

for the Year Ended 31st January 2024






Jonathan Cunliffe Ltd (Registered number: 11099919)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Jonathan Cunliffe Ltd

Company Information
for the Year Ended 31st January 2024







DIRECTORS: J D W Cunliffe
Mrs V M Cunliffe





REGISTERED OFFICE: 48 Arwenack Street
Falmouth
Cornwall
TR11 3JH





REGISTERED NUMBER: 11099919 (England and Wales)





ACCOUNTANTS: Hodgsons
Chartered Accountants
48 Arwenack Street
Falmouth
Cornwall
TR11 3JH

Jonathan Cunliffe Ltd (Registered number: 11099919)

Statement of Financial Position
31st January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 40,523 25,862
40,523 25,862

CURRENT ASSETS
Stocks 849 2,015
Debtors 6 23,673 90,617
Cash at bank 107,471 209,110
131,993 301,742
CREDITORS
Amounts falling due within one year 7 (17,569 ) (63,507 )
NET CURRENT ASSETS 114,424 238,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,947

264,097

CREDITORS
Amounts falling due after more than one
year

8

(34,199

)

(19,304

)

PROVISIONS FOR LIABILITIES (7,416 ) (5,570 )
NET ASSETS 113,332 239,223

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 113,330 239,221
113,332 239,223

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

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

Jonathan Cunliffe Ltd (Registered number: 11099919)

Statement of Financial Position - continued
31st January 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 30th October 2024 and were signed on its behalf by:




J D W Cunliffe - Director



Mrs V M Cunliffe - Director


Jonathan Cunliffe Ltd (Registered number: 11099919)

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

1. STATUTORY INFORMATION

Jonathan Cunliffe Ltd 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.

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

Revenue is recognised when unconditional contracts are exchanged.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Equipment - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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 statement of financial position date.


Jonathan Cunliffe Ltd (Registered number: 11099919)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Website
development
costs
£   
COST
At 1st February 2023
and 31st January 2024 1,750
AMORTISATION
At 1st February 2023
and 31st January 2024 1,750
NET BOOK VALUE
At 31st January 2024 -
At 31st January 2023 -

Jonathan Cunliffe Ltd (Registered number: 11099919)

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

5. TANGIBLE FIXED ASSETS
Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1st February 2023 2,209 29,950 6,607 38,766
Additions - 24,021 158 24,179
Disposals (221 ) - (192 ) (413 )
At 31st January 2024 1,988 53,971 6,573 62,532
DEPRECIATION
At 1st February 2023 1,262 6,499 5,143 12,904
Charge for year 346 7,609 1,501 9,456
Eliminated on disposal (166 ) - (185 ) (351 )
At 31st January 2024 1,442 14,108 6,459 22,009
NET BOOK VALUE
At 31st January 2024 546 39,863 114 40,523
At 31st January 2023 947 23,451 1,464 25,862

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st February 2023 29,950
Additions 24,021
At 31st January 2024 53,971
DEPRECIATION
At 1st February 2023 6,499
Charge for year 7,609
At 31st January 2024 14,108
NET BOOK VALUE
At 31st January 2024 39,863
At 31st January 2023 23,451

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 17,550 89,550
Other debtors 6,123 1,067
23,673 90,617

Jonathan Cunliffe Ltd (Registered number: 11099919)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts (see note 9) 6,819 3,082
Trade creditors 4,016 11,015
Taxation and social security 3,534 45,644
Other creditors 3,200 3,766
17,569 63,507

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts (see note 9) 34,199 19,304

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.1.24 31.1.23
£    £   
Gross obligations repayable:
Within one year 10,672 4,645
Between one and five years 39,635 21,677
50,307 26,322

Finance charges repayable:
Within one year 3,853 1,563
Between one and five years 5,436 2,373
9,289 3,936

Net obligations repayable:
Within one year 6,819 3,082
Between one and five years 34,199 19,304
41,018 22,386

Non-cancellable operating leases
31.1.24 31.1.23
£    £   
Within one year 3,500 3,500
Between one and five years 583 4,083
4,083 7,583

Jonathan Cunliffe Ltd (Registered number: 11099919)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31st January 2024 and the period ended 31st January 2023:

31.1.24 31.1.23
£    £   
J D W Cunliffe and Mrs V M Cunliffe
Balance outstanding at start of year - -
Amounts advanced 1,628 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,628 -

11. CHANGE IN REPORTING PERIOD

The previous year financial statements were prepared for a 13 month period to 31st January 2023. This was done to better fit the trading cycle for property sales. The change in the reporting period means that the comparative amounts presented in the financial statements ( including the notes) are not entirely comparable.