Company Registration No. 06421643 (England and Wales)
CJ Phelps Associates Ltd
Unaudited accounts
for the year ended 30 November 2024
CJ Phelps Associates Ltd
Unaudited accounts
Contents
CJ Phelps Associates Ltd
Company Information
for the year ended 30 November 2024
Company Number
06421643 (England and Wales)
Registered Office
8 Copper Ridge
Chalfont St Peter
Bucks
SL9 0NF
Accountants
Beyond Numbers Ltd
16 Copper Ridge
Chalfont St Peter
Bucks
SL9 0NF
CJ Phelps Associates Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
308,924
87,511
Creditors: amounts falling due within one year
(77)
(5,883)
Net current assets
454,069
84,289
Total assets less current liabilities
454,069
737,502
Creditors: amounts falling due after more than one year
-
(150,000)
Net assets
454,069
587,502
Called up share capital
50
50
Fair value reserve
-
(466,378)
Capital redemption reserve
50
50
Profit and loss account
453,969
1,053,780
Shareholders' funds
454,069
587,502
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
Charles Phelps
Director
Company Registration No. 06421643
CJ Phelps Associates Ltd
Notes to the Accounts
for the year ended 30 November 2024
CJ Phelps Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 06421643. The registered office is 8 Copper Ridge, Chalfont St Peter, Bucks, SL9 0NF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
26,527
5,204
30,439
3,440
65,610
Revaluations
(26,527)
-
-
-
(26,527)
Disposals
-
(5,204)
(30,439)
(3,440)
(39,083)
At 30 November 2024
-
-
-
-
-
At 1 December 2023
13,335
4,888
5,707
1,595
25,525
Charge for the year
2,652
205
5,152
527
8,536
On disposals
(15,987)
(5,093)
(10,859)
(2,122)
(34,061)
At 30 November 2024
-
-
-
-
-
At 30 November 2024
-
-
-
-
-
At 30 November 2023
13,192
316
24,732
1,845
40,085
CJ Phelps Associates Ltd
Notes to the Accounts
for the year ended 30 November 2024
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 December 2023
263,128
350,000
613,128
Disposals
(263,128)
(350,000)
(613,128)
Valuation at 30 November 2024
-
-
-
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(17)
2,448
Loans from directors
-
308
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
150,000
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).