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Company Registration No. SC593094 (Scotland)
Jessica Buckley Interiors Ltd Unaudited accounts for the year ended 30 April 2024
Jessica Buckley Interiors Ltd Unaudited accounts Contents
Page
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Jessica Buckley Interiors Ltd Company Information for the year ended 30 April 2024
Director
Jessica Buckley
Company Number
SC593094 (Scotland)
Registered Office
39-41 William Street Edinburgh EH3 7LW Scotland
Accountants
Allsquare (Edinburgh) Ltd Federation House 222-224 Queensferry Road Edinburgh EH4 2BN
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Jessica Buckley Interiors Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
512 
Current assets
Inventories
35,000 
35,000 
Debtors
98,388 
34,990 
Cash at bank and in hand
59,290 
31,671 
192,678 
101,661 
Creditors: amounts falling due within one year
(161,384)
(43,567)
Net current assets
31,294 
58,094 
Total assets less current liabilities
31,294 
58,606 
Creditors: amounts falling due after more than one year
(31,179)
(57,904)
Provisions for liabilities
Deferred tax
- 
(97)
Net assets
115 
605 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15 
505 
Shareholders' funds
115 
605 
For the year ending 30 April 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 her 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 28 January 2025 and were signed on its behalf by
Jessica Buckley Director Company Registration No. SC593094
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Jessica Buckley Interiors Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Jessica Buckley Interiors Ltd is a private company, limited by shares, registered in Scotland, registration number SC593094. The registered office is 39-41 William Street, Edinburgh, EH3 7LW, Scotland.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Computer equipment
20% straight line
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Jessica Buckley Interiors Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
2,552 
At 30 April 2024
2,552 
Depreciation
At 1 May 2023
2,040 
Charge for the year
512 
At 30 April 2024
2,552 
Net book value
At 30 April 2024
- 
At 30 April 2023
512 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
65,520 
30,326 
Accrued income and prepayments
28,493 
289 
Other debtors
4,375 
4,375 
98,388 
34,990 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,770 
26,725 
VAT
29,368 
10,413 
Taxes and social security
30,395 
4,347 
Loans from directors
(9,988)
21 
Accruals
2,219 
2,061 
Deferred income
81,620 
- 
161,384 
43,567 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,179 
57,904 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Jessica Buckley Interiors Ltd Notes to the Accounts for the year ended 30 April 2024
9
Transactions with related parties
Included within Loans from director is an amount of (£9988) (2023: £21) due to the company from the director, Jessica Buckley. Interest at a rate of 2.25% has been charged where the loan exceeded £10,000. No interest is charged by the director to the company. The loan has no fixed terms for repayment.
10
Average number of employees
During the year the average number of employees was 1 (2023: 5).
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