IRIS Accounts Production v24.3.2.46 10732149 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:kWh107321492023-04-30107321492024-04-30107321492023-05-012024-04-30107321492022-04-30107321492022-05-012023-04-30107321492023-04-3010732149ns15:EnglandWales2023-05-012024-04-3010732149ns14:PoundSterling2023-05-012024-04-3010732149ns10:Director12023-05-012024-04-3010732149ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010732149ns10:SmallEntities2023-05-012024-04-3010732149ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010732149ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010732149ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010732149ns10:FullAccounts2023-05-012024-04-3010732149ns10:Director22023-05-012024-04-3010732149ns10:RegisteredOffice2023-05-012024-04-3010732149ns5:CurrentFinancialInstruments2024-04-3010732149ns5:CurrentFinancialInstruments2023-04-3010732149ns5:Non-currentFinancialInstruments2024-04-3010732149ns5:Non-currentFinancialInstruments2023-04-3010732149ns5:ShareCapital2024-04-3010732149ns5:ShareCapital2023-04-3010732149ns5:RetainedEarningsAccumulatedLosses2024-04-3010732149ns5:RetainedEarningsAccumulatedLosses2023-04-3010732149ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-04-3010732149ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3010732149ns5:LeaseholdImprovements2023-05-012024-04-3010732149ns5:ComputerEquipment2023-05-012024-04-3010732149ns5:LandBuildings2023-04-3010732149ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3010732149ns5:LeaseholdImprovements2023-04-3010732149ns5:ComputerEquipment2023-04-3010732149ns5:LandBuildings2023-05-012024-04-3010732149ns5:LandBuildings2024-04-3010732149ns5:LongLeaseholdAssetsns5:LandBuildings2024-04-3010732149ns5:LeaseholdImprovements2024-04-3010732149ns5:ComputerEquipment2024-04-3010732149ns5:LandBuildings2023-04-3010732149ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3010732149ns5:LeaseholdImprovements2023-04-3010732149ns5:ComputerEquipment2023-04-30
REGISTERED NUMBER: 10732149 (England and Wales)


































Unaudited Financial Statements

for the Year Ended 30 April 2024

for

JEFFREY ESTATES LIMITED

JEFFREY ESTATES LIMITED (REGISTERED NUMBER: 10732149)






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


JEFFREY ESTATES LIMITED

Company Information
for the year ended 30 April 2024







DIRECTORS: C Jeffrey
F Jeffrey





REGISTERED OFFICE: Hall Green Farm
Dipe Lane
East Boldon
NE36 0PX





REGISTERED NUMBER: 10732149 (England and Wales)





ACCOUNTANTS: Mitchells Grievson
Chartered Accountants
Kensington House
3 Kensington
Bishop Auckland
Co. Durham
DL14 6HX

JEFFREY ESTATES LIMITED (REGISTERED NUMBER: 10732149)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 449,106 449,673

CURRENT ASSETS
Cash at bank 12,946 9,425

CREDITORS
Amounts falling due within one year 5 229,134 366,472
NET CURRENT LIABILITIES (216,188 ) (357,047 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,918

92,626

CREDITORS
Amounts falling due after more than one
year

6

247,698

109,828
NET LIABILITIES (14,780 ) (17,202 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,880 ) (17,302 )
(14,780 ) (17,202 )

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.

JEFFREY ESTATES LIMITED (REGISTERED NUMBER: 10732149)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2025 and were signed on its behalf by:





C Jeffrey - Director


JEFFREY ESTATES LIMITED (REGISTERED NUMBER: 10732149)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Jeffrey Estates 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.

The financial statements have been prepared on the going concern basis of accounting. At the balance sheet date the company's liabilities exceeded its assets by £15,348 (2023 - 17,302). Included within liabilities is an amount of £228,505 (2023 - 227,978) owed to the directors of the company. The directors have confirmed that repayment of the loan will not be sought if it proved to be prejudicial to the company.

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 - Nil
Long leasehold - Nil
Improvements to property - 4% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 2 (2023 - 2 ) .

JEFFREY ESTATES LIMITED (REGISTERED NUMBER: 10732149)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Long to Computer
property leasehold property equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 376,251 69,462 3,667 2,091 451,471
DEPRECIATION
At 1 May 2023 - - 746 1,052 1,798
Charge for year - - 147 420 567
At 30 April 2024 - - 893 1,472 2,365
NET BOOK VALUE
At 30 April 2024 376,251 69,462 2,774 619 449,106
At 30 April 2023 376,251 69,462 2,921 1,039 449,673

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 137,865
Other creditors 229,134 228,607
229,134 366,472

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 247,698 109,828