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
Jay Brothers Limited
Company Information
for the year ended 31 March 2024
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
Jay Brothers Limited
Statement of financial position
as at 31 March 2024
Intangible assets
54,000
-
Tangible assets
137,668
123,115
Cash at bank and in hand
96,163
134,215
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)
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
Jay Brothers Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
Fixtures & fittings
10% per annum reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
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
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
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
Amounts falling due within one year
Amounts due from group undertakings etc.
14,868
13,405
Accrued income and prepayments
9,370
9,370
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,958
-
Taxes and social security
50,053
17,632
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
78,998
137,632
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)
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).