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REGISTERED NUMBER: 11642955 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

JC Developments (Bristol) Ltd

JC Developments (Bristol) Ltd (Registered number: 11642955)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JC Developments (Bristol) Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J Fuller
C Donaldson





REGISTERED OFFICE: Unit 1B, Bridge Road Trading Estate
Bridge Road
Kingswood
Bristol
Avon
BS15 4TA





REGISTERED NUMBER: 11642955 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

JC Developments (Bristol) Ltd (Registered number: 11642955)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Investment property 4 450,000 430,000

CURRENT ASSETS
Cash at bank 15,102 8,167

CREDITORS
Amounts falling due within one year 5 (2,683 ) (4,779 )
NET CURRENT ASSETS 12,419 3,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

462,419

433,388

CREDITORS
Amounts falling due after more than one
year

6

(348,572

)

(350,916

)
NET ASSETS 113,847 82,472

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 20,000 -
Retained earnings 7 93,747 82,372
113,847 82,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

JC Developments (Bristol) Ltd (Registered number: 11642955)

Balance Sheet - continued
31 October 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 7 March 2025 and were signed on its behalf by:




C Donaldson - Director



J Fuller - Director


JC Developments (Bristol) Ltd (Registered number: 11642955)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

JC Developments (Bristol) Ltd 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 430,000
Revaluations 20,000
At 31 October 2024 450,000
NET BOOK VALUE
At 31 October 2024 450,000
At 31 October 2023 430,000

JC Developments (Bristol) Ltd (Registered number: 11642955)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2018 320,000
Valuation in 2019 50,000
Valuation in 2020 39,000
Valuation in 2021 21,000
Valuation in 2024 20,000
450,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other loans - 2,799
Other creditors 1,981 1,320
Accruals and deferred income 702 660
2,683 4,779

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 237,336 237,336
Directors' loan accounts 111,236 113,580
348,572 350,916

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 November 2023 82,372 - 82,372
Profit for the year 11,375 11,375
Revaluation reserve - 20,000 20,000
At 31 October 2024 93,747 20,000 113,747