1 August 2023 v2025.5.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP129268302023-08-012024-07-31129268302024-07-31129268302023-07-3112926830core:WithinOneYear2024-07-3112926830core:WithinOneYear2023-07-3112926830core:ShareCapital2024-07-3112926830core:ShareCapital2023-07-3112926830core:RetainedEarningsAccumulatedLosses2024-07-3112926830core:RetainedEarningsAccumulatedLosses2023-07-3112926830bus:Director12023-08-012024-07-3112926830bus:RegisteredOffice2023-08-012024-07-3112926830core:PlantMachinery2023-08-012024-07-3112926830core:OfficeEquipment2023-08-012024-07-3112926830core:FurnitureFittings2023-08-012024-07-3112926830core:LandBuildings2023-08-012024-07-3112926830core:LandBuildings2023-08-0112926830core:PlantMachinery2023-08-01129268302023-08-0112926830core:LandBuildings2024-07-3112926830core:PlantMachinery2024-07-3112926830core:LandBuildings2023-07-3112926830core:PlantMachinery2023-07-311292683012023-08-012024-07-31129268302022-08-012023-07-3112926830countries:EnglandWales2023-08-012024-07-3112926830bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3112926830bus:PrivateLimitedCompanyLtd2023-08-012024-07-3112926830bus:SmallEntities2023-08-012024-07-3112926830bus:FullAccounts2023-08-012024-07-31
Company registration number:
12926830
James St Patisserie Limited
Unaudited Filleted Financial Statements for the year ended
31 July 2024
James St Patisserie Limited
Statement of Financial Position
31 July 2024
20242023
Note££
Fixed assets    
Tangible assets 5
253,712
 
299,150
 
Current assets    
Debtors 6
440,770
 
371,706
 
Investments 7
45,000
 
45,000
 
Cash at bank and in hand
84,898
 
37,642
 
570,668
 
454,348
 
Creditors: amounts falling due within one year 8
(820,347
)
(453,640
)
Net current (liabilities)/assets
(249,679
)
708
 
Total assets less current liabilities 4,033   299,858  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
3,933
 
299,758
 
Shareholders funds
4,033
 
299,858
 
For the year ending
31 July 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
27 January 2025
, and are signed on behalf of the board by:
A Ridha
Director
Company registration number:
12926830
James St Patisserie Limited
Notes to the Financial Statements
Year ended
31 July 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
36 James Street
,
London
,
W1U 1ES
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
20% straight line
Office equipment
20% straight line
Fixtures and fittings
10% straight line
Land and buildings
10% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 August 2023
291,849
 
109,011
 
400,860
 
Additions -  
2,309
 
2,309
 
Disposals -  
(333
)
(333
)
At
31 July 2024
291,849
 
110,987
 
402,836
 
Depreciation      
At
1 August 2023
65,049
 
36,661
 
101,710
 
Charge
29,185
 
18,229
 
47,414
 
At
31 July 2024
94,234
 
54,890
 
149,124
 
Carrying amount      
At
31 July 2024
197,615
 
56,097
 
253,712
 
At 31 July 2023
226,800
 
72,350
 
299,150
 

6 Debtors

20242023
££
Trade debtors
437,905
 
368,841
 
Other debtors
2,865
 
2,865
 
440,770
 
371,706
 

7 Investments

20242023
££
Other current asset investments
45,000
 
45,000
 

8 Creditors: amounts falling due within one year

20242023
££
Trade creditors
446,146
 
409,945
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
348,400
 
(550
)
Taxation and social security
23,868
 
42,245
 
Other creditors
1,933
 
2,000
 
820,347
 
453,640