Company registration number | |
for the year ended |
|
Cavendish Bond | |
Chartered Accountants & Statutory Auditor | |
Bentinck House | |
3 - 8 Bolsover Street | |
London | |
W1W 6AB | |
Financial statements for the year ended |
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Balance Sheet | |||||||
Notes | 2023 | 2022 | |||||
£ | £ | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Creditors: amounts falling due within one year | 5 | ( |
( |
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Net current (liabilities)/assets | ( |
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Net (liabilities)/assets | ( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
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Shareholder's funds | ( |
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These financial statements were approved by the board on |
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S Rawal | |||||||
Director | |||||||
Company registration number 10550341 | |||||||
Financial statements for the year ended |
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Notes to the Financial Statements | ||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Going concern | ||||||||
These financial statements have been prepared on the going concern basis. On 30 October 2023 the company’s parent entity, Jeffreys Henry LLP, was placed into liquidation. The liquidator has asserted a claim over the company’s cash at bank, including amounts credited to the company’s bank account subsequent to 30 October 2023, based on legal advice that these amounts form part of the liquidation estate due to the structure of the company’s banking arrangements. The liquidator currently has control of the company’s cash at bank and the company therefore has no cash resources of its own. Subsequent to 30 October 2023 the company has received financial support from related parties to enable it to meet its cash requirements however there is no guarantee that such support will continue to be available and the related parties have made no commitment to provide financial support on an ongoing basis. The director considers that this constitutes a material uncertainty in relation to going concern. |
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Turnover | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Financial instruments | ||||||||
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument those financial instruments are classified as financial liabilities and are presented as such in the balance sheet. Where the contractual terms of financial instruments do not meet the definition of a financial liability those financial instruments are classified as equity instruments. Dividends and other distributions relating to equity instruments are debited direct to equity. |
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2 | Audit information | |||||||
Auditor: | ||||||||
Senior Statutory Auditor: | ||||||||
Audit report date: | ||||||||
3 | Employees | 2023 | 2022 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
4 | Debtors | 2023 | 2022 | |||||
£ | £ | |||||||
Trade debtors | ||||||||
Accrued income | 16,304 | 12,405 | ||||||
Other debtors | ||||||||
5 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
£ | £ | |||||||
Trade creditors | - | |||||||
Taxes and social security costs | ||||||||
Other creditors | ||||||||
6 | Events after the reporting date | |||||||
Subsequent to the balance sheet date the balance due from Jeffreys Henry LLP has increased by £89,970, which is also likely to be irrecoverable for the reasons set out above. No provision has been made in these financial statements in respect of this additional balance. |
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7 | Parent entity | |||||||
8 | Other information | |||||||
JH Troncmaster Services Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
2 Leman Street | ||||||||
London | ||||||||
E1W 9US |