IRIS Accounts Production v24.3.2.46 01199498 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011994982023-04-30011994982024-04-30011994982023-05-012024-04-30011994982022-04-30011994982022-05-012023-04-30011994982023-04-3001199498ns15:EnglandWales2023-05-012024-04-3001199498ns14:PoundSterling2023-05-012024-04-3001199498ns10:Director12023-05-012024-04-3001199498ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3001199498ns10:SmallEntities2023-05-012024-04-3001199498ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3001199498ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3001199498ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3001199498ns10:FullAccounts2023-05-012024-04-3001199498ns10:Director22023-05-012024-04-3001199498ns10:RegisteredOffice2023-05-012024-04-3001199498ns5:CurrentFinancialInstruments2024-04-3001199498ns5:CurrentFinancialInstruments2023-04-3001199498ns5:Non-currentFinancialInstruments2024-04-3001199498ns5:Non-currentFinancialInstruments2023-04-3001199498ns5:ShareCapital2024-04-3001199498ns5:ShareCapital2023-04-3001199498ns5:RetainedEarningsAccumulatedLosses2024-04-3001199498ns5:RetainedEarningsAccumulatedLosses2023-04-3001199498ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-05-012024-04-3001199498ns5:FurnitureFittings2023-05-012024-04-3001199498ns5:ComputerEquipment2023-05-012024-04-3001199498ns5:LandBuildings2023-04-3001199498ns5:FurnitureFittings2023-04-3001199498ns5:ComputerEquipment2023-04-3001199498ns5:LandBuildings2023-05-012024-04-3001199498ns5:LandBuildings2024-04-3001199498ns5:FurnitureFittings2024-04-3001199498ns5:ComputerEquipment2024-04-3001199498ns5:LandBuildings2023-04-3001199498ns5:FurnitureFittings2023-04-3001199498ns5:ComputerEquipment2023-04-3001199498ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3001199498ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3001199498ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3001199498ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-30
REGISTERED NUMBER: 01199498 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JOHN LAURIE ANTIQUES LIMITED

JOHN LAURIE ANTIQUES LIMITED (REGISTERED NUMBER: 01199498)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN LAURIE ANTIQUES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R Gewirtz
N H Gewirtz





REGISTERED OFFICE: 4 Glenthorpe Gradens
Stanmore
HA7 3GG





REGISTERED NUMBER: 01199498 (England and Wales)





ACCOUNTANTS: AEL Markhams
Incorporating Butters Gates & Company
Chartered Accountants
107 Bell Street
London
NW1 6TL

JOHN LAURIE ANTIQUES LIMITED (REGISTERED NUMBER: 01199498)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,047 83,417

CURRENT ASSETS
Stocks 452,839 474,880
Debtors 5 43,700 50,775
Cash at bank and in hand 923 33,679
497,462 559,334
CREDITORS
Amounts falling due within one year 6 386,529 428,195
NET CURRENT ASSETS 110,933 131,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,980

214,556

CREDITORS
Amounts falling due after more than one
year

7

11,735

21,674
NET ASSETS 182,245 192,882

CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Retained earnings 142,245 152,882
182,245 192,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

JOHN LAURIE ANTIQUES LIMITED (REGISTERED NUMBER: 01199498)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:





R Gewirtz - Director


JOHN LAURIE ANTIQUES LIMITED (REGISTERED NUMBER: 01199498)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

John Laurie Antiques Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JOHN LAURIE ANTIQUES LIMITED (REGISTERED NUMBER: 01199498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 81,484 87,499 3,394 172,377
DEPRECIATION
At 1 May 2023 - 86,361 2,599 88,960
Charge for year - 171 199 370
At 30 April 2024 - 86,532 2,798 89,330
NET BOOK VALUE
At 30 April 2024 81,484 967 596 83,047
At 30 April 2023 81,484 1,138 795 83,417

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 33,935 41,010
Other debtors 9,765 9,765
43,700 50,775

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 19,299 10,648
Trade creditors 41,869 47,369
Tax 7,116 10,679
Social security and other taxes 1,618 174
VAT 1,259 235
Other creditors 9,125 -
Directors' current accounts 302,994 345,841
Accrued expenses 3,249 13,249
386,529 428,195

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 2-5 years 11,735 21,674

8. ULTIMATE CONTROLLING PARTY

The controlling party is Carlaman Limited.

The ultimate controlling party is R Gewirtz.