Company No:
Contents
Directors | K E Lyons |
M D Lyons | |
S M Lyons |
Registered office | 9 Donnington Park |
85 Birdham Road | |
Chichester | |
PO20 7AJ | |
United Kingdom |
Company number | 11974312 (England and Wales) |
Accountant | Kreston Reeves LLP |
9 Donnington Park | |
85 Birdham Road | |
Chichester | |
West Sussex | |
PO20 7AJ |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.
It is your duty to ensure that Jerboa Homes Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Jerboa Homes Ltd. You consider that Jerboa Homes Ltd is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Jerboa Homes Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
85 Birdham Road
Chichester
West Sussex
PO20 7AJ
Note | 2024 | 2023 | ||
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Current assets | ||||
Stocks |
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Debtors | 3 |
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Cash at bank and in hand |
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302,967 | 296,830 | |||
Creditors: amounts falling due within one year | 4 | (
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Net current liabilities | (14,711) | (11,324) | ||
Total assets less current liabilities | (14,711) | (11,324) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account | (
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Total shareholders' deficit | (
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Jerboa Homes Ltd (registered number:
M D Lyons
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Jerboa Homes Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is 9 Donnington Park, 85 Birdham Road, Chichester, PO20 7AJ, United Kingdom.
The principal place of business is Toddington Nursery, Lake Lane, Barnham, West Sussex, PO22 0AQ.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
Borrowing costs of £8,533 occurring within the current financial year have been capitalised within stock. At the year end the total amount of borrowing costs included in stock is £44,727 (2023 £36,194).
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
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Monthly average number of persons employed by the Company during the year, including directors |
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Other debtors |
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Trade creditors |
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Other creditors |
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