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Company Registration No. 08688443 (England and Wales)
Jay Brothers Limited Unaudited accounts for the year ended 31 March 2024
Jay Brothers Limited Unaudited accounts Contents
Page
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Jay Brothers Limited Company Information for the year ended 31 March 2024
Director
J Jay
Company Number
08688443 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN United Kingdom
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Jay Brothers Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
54,000 
- 
Tangible assets
137,668 
123,115 
191,668 
123,115 
Current assets
Inventories
10,028 
12,002 
Debtors
30,938 
29,265 
Cash at bank and in hand
96,163 
134,215 
137,129 
175,482 
Creditors: amounts falling due within one year
(57,011)
(22,495)
Net current assets
80,118 
152,987 
Total assets less current liabilities
271,786 
276,102 
Creditors: amounts falling due after more than one year
(154,628)
(179,826)
Provisions for liabilities
Deferred tax
(26,157)
(23,392)
Net assets
91,001 
72,884 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
90,997 
72,880 
Shareholders' funds
91,001 
72,884 
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. 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 27 December 2024 and were signed on its behalf by
J Jay Director Company Registration No. 08688443
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Jay Brothers Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Jay Brothers Limited is a private company, limited by shares, registered in England and Wales, registration number 08688443. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
10% per annum reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
- 
Additions
60,000 
At 31 March 2024
60,000 
Amortisation
At 1 April 2023
- 
Charge for the year
6,000 
At 31 March 2024
6,000 
Net book value
At 31 March 2024
54,000 
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Jay Brothers Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
30,000 
41,950 
- 
80,833 
- 
152,783 
Additions
- 
10,182 
10,664 
6,545 
658 
28,049 
At 31 March 2024
30,000 
52,132 
10,664 
87,378 
658 
180,832 
Depreciation
At 1 April 2023
1,800 
7,332 
- 
20,536 
- 
29,668 
Charge for the year
1,200 
4,480 
1,066 
6,684 
66 
13,496 
At 31 March 2024
3,000 
11,812 
1,066 
27,220 
66 
43,164 
Net book value
At 31 March 2024
27,000 
40,320 
9,598 
60,158 
592 
137,668 
At 31 March 2023
28,200 
34,618 
- 
60,297 
- 
123,115 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
14,868 
13,405 
Accrued income and prepayments
9,370 
9,370 
Other debtors
6,700 
6,490 
30,938 
29,265 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,958 
- 
Trade creditors
- 
4,863 
Taxes and social security
50,053 
17,632 
57,011 
22,495 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
75,630 
42,194 
Loans from directors
78,998 
137,632 
154,628 
179,826 
9
Transactions with related parties
Amounts owed by associated companies at the year end as follows The Pound Inn Ltd £0 (2023: £4863) No46 Fish House Ltd £0 (2023: £2000) The Lazy Trout Cafe Ltd £0 (2023: £3339) The Bakehouse (Stretton) Ltd £14868 (2023: £4863)
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Jay Brothers Limited Notes to the Accounts for the year ended 31 March 2024
10
Average number of employees
During the year the average number of employees was 36 (2023: 11).
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