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Company Registration No. 6997318 (England and Wales)
Geoffrey Jane Inns Ltd Unaudited accounts for the year ended 30 June 2024
Geoffrey Jane Inns Ltd Unaudited accounts Contents
Page
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Geoffrey Jane Inns Ltd Company Information for the year ended 30 June 2024
Director
E G Bing
Company Number
6997318 (England and Wales)
Registered Office
First Floor West Winterton House High Street Westerham Kent TN16 1AQ United Kingdom
Accountants
Nicholas Le Fort 1 Coppings Brook Cottages Coppings Road Leigh Kent TN11 8PP
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Geoffrey Jane Inns Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,175 
2,900 
Investment property
950,000 
655,126 
Investments
100,000 
100,000 
1,052,175 
758,026 
Current assets
Inventories
6,000 
6,000 
Debtors
26,632 
40,829 
Cash at bank and in hand
30,846 
56,844 
63,478 
103,673 
Creditors: amounts falling due within one year
(64,093)
(101,154)
Net current (liabilities)/assets
(615)
2,519 
Total assets less current liabilities
1,051,560 
760,545 
Creditors: amounts falling due after more than one year
(559,495)
(564,151)
Provisions for liabilities
Deferred tax
(423)
(561)
Net assets
491,642 
195,833 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
294,874 
- 
Profit and loss account
196,668 
195,733 
Shareholders' funds
491,642 
195,833 
For the year ending 30 June 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 his 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 20 March 2025 and were signed on its behalf by
E G Bing Director Company Registration No. 6997318
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Geoffrey Jane Inns Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Geoffrey Jane Inns Ltd is a private company, limited by shares, registered in England and Wales, registration number 6997318. The registered office is First Floor West Winterton House, High Street, Westerham, Kent, TN16 1AQ, United Kingdom.
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25%
Fixtures & fittings
25%
Computer equipment
25%
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Geoffrey Jane Inns Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
6,044 
59,989 
625 
66,658 
At 30 June 2024
6,044 
59,989 
625 
66,658 
Depreciation
At 1 July 2023
5,873 
57,409 
476 
63,758 
Charge for the year
32 
656 
37 
725 
At 30 June 2024
5,905 
58,065 
513 
64,483 
Net book value
At 30 June 2024
139 
1,924 
112 
2,175 
At 30 June 2023
171 
2,580 
149 
2,900 
5
Investment property
2024 
£ 
Fair value at 1 July 2023
655,126 
Net gain from fair value adjustments
294,874 
At 30 June 2024
950,000 
The company purchased a freehold investment property on 2 November 2016. The property is shown in these accounts at cost £655,126 and director believes that this is a fair reflection of value at the balance sheet date.
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2023
100,000 
Valuation at 30 June 2024
100,000 
Company purchased 25 shares in Brickfields Bar Ltd, a company under common control.
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
870 
10,299 
Amounts due from group undertakings etc.
11,969 
11,969 
Accrued income and prepayments
- 
3,036 
Other debtors
13,793 
15,525 
26,632 
40,829 
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Geoffrey Jane Inns Ltd Notes to the Accounts for the year ended 30 June 2024
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,786 
19,960 
VAT
17,470 
29,228 
Trade creditors
8,172 
20,452 
Taxes and social security
1,534 
20,361 
Other creditors
3,765 
4,281 
Loans from directors
13,494 
- 
Accruals
6,872 
6,872 
64,093 
101,154 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
280,618 
285,274 
Amounts owed to group undertakings and other participating interests
100,000 
100,000 
Other creditors
178,877 
178,877 
559,495 
564,151 
The bank loan is secured by a fixed charge on the investment property.
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
32,500 
11
Transactions with related parties
The company received Income from Property of £24,863 during the year (2022 - £25,262) from a company under common control.
12
Average number of employees
During the year the average number of employees was 10 (2023: 26).
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