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REGISTERED NUMBER: 01877823 (England and Wales)














Unaudited Financial Statements

for the Year Ended 26 April 2024

for

T G Jephcott Associates Limited

T G Jephcott Associates Limited (Registered number: 01877823)






Contents of the Financial Statements
for the Year Ended 26 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


T G Jephcott Associates Limited (Registered number: 01877823)

Balance Sheet
26 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 30,000 30,000

CURRENT ASSETS
Debtors 5 301,452 76,607
Cash at bank 6,784 259,725
308,236 336,332
CREDITORS
Amounts falling due within one year 6 9,784 26,194
NET CURRENT ASSETS 298,452 310,138
TOTAL ASSETS LESS CURRENT LIABILITIES 328,452 340,138

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 328,352 340,038
SHAREHOLDERS' FUNDS 328,452 340,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





Mr T G Jephcott Esq - Director


T G Jephcott Associates Limited (Registered number: 01877823)

Notes to the Financial Statements
for the Year Ended 26 April 2024

1. STATUTORY INFORMATION

T G Jephcott Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01877823

Registered office: Ebenezer House
Ryecroft
Newcastle-under-Lyme
Staffordshire
ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about T G Jephcott Associates Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Lease income
Rental income from operating leases is recognised on a straight line basis over the term of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

T G Jephcott Associates Limited (Registered number: 01877823)

Notes to the Financial Statements - continued
for the Year Ended 26 April 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 27 April 2023
and 26 April 2024 30,000
NET BOOK VALUE
At 26 April 2024 30,000
At 26 April 2023 30,000

Cost or valuation at 26 April 2024 is represented by:

Shares in
group
undertakings
£   
Cost 30,000

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 338 493

Amounts falling due after more than one year:
Other debtors 301,114 76,114

Aggregate amounts 301,452 76,607

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,020
Taxation and social security 458 14,271
Other creditors 9,326 10,903
9,784 26,194