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Company Registration No. 07633856 (England and Wales)
JEREMY GROVE LIMITED Filleted accounts for the year ended 31 May 2024
JEREMY GROVE LIMITED Filleted accounts Contents
Page
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JEREMY GROVE LIMITED Company Information for the year ended 31 May 2024
Directors
Jeremy Oliver Grove Kate Eloise Grove John Timothy Charles Grove
Company Number
07633856 (England and Wales)
Registered Office
3 Alexandra Terrace Totnes Devon TQ9 5QF United Kingdom
Accountants
SSJ Accountants Ltd 173A High Street Beckenham Kent BR3 1AH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of JEREMY GROVE LIMITED for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JEREMY GROVE LIMITED for the year ended 31 May 2024 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of JEREMY GROVE LIMITED, as a body, in accordance with the terms of our engagement letter dated 31 May 2011. Our work has been undertaken solely to prepare for your approval the accounts of JEREMY GROVE LIMITED and state those matters that we have agreed to state to the Board of Directors of JEREMY GROVE LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JEREMY GROVE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JEREMY GROVE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JEREMY GROVE LIMITED. You consider that JEREMY GROVE 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 accounts of JEREMY GROVE 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 accounts.
SSJ Accountants Ltd Chartered Accountants 173A High Street Beckenham Kent BR3 1AH 12 June 2024
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JEREMY GROVE LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,923 
9,555 
Current assets
Debtors
37,601 
4,220 
Cash at bank and in hand
52,356 
32,890 
89,957 
37,110 
Creditors: amounts falling due within one year
(60,414)
(28,239)
Net current assets
29,543 
8,871 
Total assets less current liabilities
38,466 
18,426 
Creditors: amounts falling due after more than one year
(17,122)
(25,925)
Net assets/(liabilities)
21,344 
(7,499)
Capital and reserves
Called up share capital
225 
225 
Profit and loss account
21,119 
(7,724)
Shareholders' funds
21,344 
(7,499)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 14 June 2024 and were signed on its behalf by
Jeremy Oliver Grove Director Company Registration No. 07633856
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JEREMY GROVE LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
JEREMY GROVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07633856. The registered office is 3 Alexandra Terrace, Totnes, Devon, TQ9 5QF, 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:
Plant & machinery
25% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
34,173 
Additions
2,342 
At 31 May 2024
36,515 
Depreciation
At 1 June 2023
24,618 
Charge for the year
2,974 
At 31 May 2024
27,592 
Net book value
At 31 May 2024
8,923 
At 31 May 2023
9,555 
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JEREMY GROVE LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,995 
720 
Accrued income and prepayments
893 
893 
35,888 
1,613 
Amounts falling due after more than one year
Accrued income and prepayments
1,713 
2,607 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,894 
8,894 
VAT
16,927 
7,822 
Taxes and social security
34,593 
11,523 
60,414 
28,239 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,122 
25,925 
8
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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