COMPANY REGISTRATION NUMBER:
08150266
Jane Kelly Holdings Limited |
|
Filleted Unaudited Abridged Financial Statements |
|
Jane Kelly Holdings Limited |
|
31 March 2024
Fixed assets
Current assets
Debtors |
284,157 |
26,789 |
Cash at bank and in hand |
37,125 |
231 |
|
--------- |
-------- |
|
321,282 |
27,020 |
|
|
|
Creditors: amounts falling due within one year |
1,603 |
595 |
|
--------- |
-------- |
Net current assets |
319,679 |
26,425 |
|
--------- |
--------- |
Total assets less current liabilities |
319,679 |
364,340 |
|
--------- |
--------- |
Net assets |
319,679 |
364,340 |
|
--------- |
--------- |
|
|
|
Capital and reserves
Called up share capital |
1 |
1 |
Profit and loss account |
319,678 |
364,339 |
|
--------- |
--------- |
Shareholder funds |
319,679 |
364,340 |
|
--------- |
--------- |
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the balance sheet for the year ending 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.
Jane Kelly Holdings Limited |
|
Balance Sheet (continued) |
|
31 March 2024
These abridged financial statements were approved by the
board of directors
and authorised for issue on
1 November 2024
, and are signed on behalf of the board by:
Company registration number:
08150266
Jane Kelly Holdings Limited |
|
Notes to the Abridged Financial Statements |
|
Year ended 31 March 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Compton Way, Witney, Oxon, OX28 3AB.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
Consolidation
The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
4.
Investments
|
£ |
Cost |
|
At 1 April 2023 |
337,915 |
Disposals |
(
337,915) |
|
--------- |
At 31 March 2024 |
– |
|
--------- |
Impairment |
|
At 1 April 2023 and 31 March 2024 |
– |
|
--------- |
Carrying amount |
|
At 31 March 2023 |
337,915 |
|
--------- |
|
|
5.
Director's advances, credits and guarantees
As at 30 March 2024 a balance of £44,574 was owed by J Kelly (30/03/2023: £1 owed to J Kelly).