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REGISTERED NUMBER: 06884819 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 April 2024

for

R & D Jones Property Services Limited

R & D Jones Property Services Limited (Registered number: 06884819)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


R & D Jones Property Services Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R E Jones
D A Jones





REGISTERED OFFICE: Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS





REGISTERED NUMBER: 06884819 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R & D Jones Property Services 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 Directors' Report 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 R & D Jones Property Services Limited for the year ended 30 April 2024 which comprise the Profit and Loss account, 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 R & D Jones Property Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R & D Jones Property Services Limited and state those matters that we have agreed to state to the Board of Directors of R & D Jones Property Services 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 R & D Jones Property Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R & D Jones Property Services 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 R & D Jones Property Services Limited. You consider that R & D Jones Property Services 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 R & D Jones Property Services 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.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


22 October 2024

R & D Jones Property Services Limited (Registered number: 06884819)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 486,250 490,000

CURRENT ASSETS
Debtors 5 494 492
Cash at bank 79,977 118,792
80,471 119,284
CREDITORS
Amounts falling due within one year 6 (137,225 ) (190,717 )
NET CURRENT LIABILITIES (56,754 ) (71,433 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

429,496

418,567

CREDITORS
Amounts falling due after more than
one year

7

(18,250

)

(28,722

)

PROVISIONS FOR LIABILITIES (2,137 ) (2,850 )
NET ASSETS 409,109 386,995

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 125,555 125,555
Retained earnings 283,454 261,340
409,109 386,995

R & D Jones Property Services Limited (Registered number: 06884819)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Profit and Loss account 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:





R E Jones - Director


R & D Jones Property Services Limited (Registered number: 06884819)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

R & D Jones Property Services 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 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 - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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 NIL (2023 - NIL).

R & D Jones Property Services Limited (Registered number: 06884819)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 475,000 20,000 495,000
DEPRECIATION
At 1 May 2023 - 5,000 5,000
Charge for year - 3,750 3,750
At 30 April 2024 - 8,750 8,750
NET BOOK VALUE
At 30 April 2024 475,000 11,250 486,250
At 30 April 2023 475,000 15,000 490,000

Cost or valuation at 30 April 2024 is represented by:

Freehold Plant and
property machinery Totals
£    £    £   
Valuation in 2016 475,000 - 475,000
Valuation in 2022 - 20,000 20,000
475,000 20,000 495,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 349,445 349,445

Value of land in freehold land and buildings 349,445 349,445

Freehold land and building were valued on an open market basis on 1 July 2016 by The Lee Shaw Partnership Limited .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 494 492

R & D Jones Property Services Limited (Registered number: 06884819)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,134 9,647
Trade creditors 15,000 29,554
Taxation and social security 8,226 5,032
Other creditors 103,865 146,484
137,225 190,717

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 18,250 28,722

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 28,384 38,369

The mortgage is secured by a fixed and floating charge over the company's assets.

9. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 125,555

10. RELATED PARTY DISCLOSURES

During the year the company charged rent of £48,000 (2022 - £48,000) to Process Flow Components Limited, a company of which R E Jones is a director.