JACK BUNNEY LIMITED

Company Registration Number:
00598963 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

JACK BUNNEY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

JACK BUNNEY LIMITED

Company Information

for the Period Ended 31 March 2024




Director: P Staines
M Moore
R Staines
E Staines
S Staines
Registered office: 23
Station Road
Upminster
Essex
England
RM14 2SJ
Company Registration Number: 00598963 (England and Wales)

JACK BUNNEY LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company during the year under review was the retail and hire of menswear.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
P Staines
M Moore
R Staines
E Staines
S Staines

This report was approved by the board of directors on 27 September 2024
And Signed On Behalf Of The Board By:

Name: P Staines
Status: Director

JACK BUNNEY LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 372,185 395,143
Cost of sales ( 94,093 ) ( 115,852 )
Gross Profit or (Loss) 278,092 279,291
Administrative Expenses ( 238,281 ) ( 246,023 )
Operating Profit or (Loss) 39,811 33,268
Interest Receivable and Similar Income 64 73
Interest Payable and Similar Charges - ( 77 )
Profit or (Loss) Before Tax 39,875 33,264
Profit or (Loss) for Period 39,875 33,264

The notes form part of these financial statements

JACK BUNNEY LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 0 0
Tangible assets: 6 478,296 482,374
Total fixed assets: 478,296 482,374
Current assets
Stocks: 209,861 204,008
Debtors: 7 10,855
Cash at bank and in hand: 25,763 10,419
Total current assets: 235,624 225,282
Creditors: amounts falling due within one year: 8 ( 286,484 ) ( 279,941 )
Net current assets (liabilities): ( 50,860 ) ( 54,659 )
Total assets less current liabilities: 427,436 427,715
Total net assets (liabilities): 427,436 427,715

The notes form part of these financial statements

JACK BUNNEY LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 427,336 427,615
Shareholders funds: 427,436 427,715

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 September 2024
And Signed On Behalf Of The Board By:

Name: P Staines
Status: Director

The notes form part of these financial statements

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The principal activity of the company during the year under review was the retail and hire of menswear.

    Tangible fixed assets depreciation policy

    Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less residual value, of each asset over its expected useful life as follows:
    Leasehold Land & Buildings - Over the lease term
    Plant & Machinery - 15% per annum reducing balance

    Intangible fixed assets amortisation policy

    Goodwill is the difference between the amounts paid on the acquisition of a business, and the aggregate fair value of its separable net assets.

    Goodwill has been written off to the profit and loss account in prior years.

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 6 6

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 32,000 32,000

All dividends are payable on equity shares.

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2023 476 476
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 476 476
Amortisation
Amortisation at 01 April 2023 476 476
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2024 476 476
Net book value
Net book value at 31 March 2024 0 0
Net book value at 31 March 2023 0 0

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 April 2023 446,614 52,541 499,155
Additions - 1,286 1,286
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 446,614 53,827 500,441
Depreciation
At 01 April 2023 - 16,781 16,781
Charge for year - 5,364 5,364
On disposals - - -
Other adjustments - - -
At 31 March 2024 - 22,145 22,145
Net book value
At 31 March 2024 446,614 31,682 478,296
At 31 March 2023 446,614 35,760 482,374

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Debtors


2024
£

2023
£
Prepayments and accrued income 10,855
Total 10,855

JACK BUNNEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 9,762 10,752
Taxation and social security 21,747 10,931
Other creditors 254,975 258,258
Total 286,484 279,941