0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 102 102 102 xbrli:pure xbrli:shares iso4217:GBP 09544321 2023-07-01 2024-06-30 09544321 2024-06-30 09544321 2023-06-30 09544321 2022-07-01 2023-06-30 09544321 2023-06-30 09544321 2022-06-30 09544321 bus:Director1 2023-07-01 2024-06-30 09544321 core:ShareCapital 2024-06-30 09544321 core:ShareCapital 2023-06-30 09544321 core:RetainedEarningsAccumulatedLosses 2024-06-30 09544321 core:RetainedEarningsAccumulatedLosses 2023-06-30 09544321 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 09544321 core:Non-currentFinancialInstruments 2024-06-30 09544321 core:Non-currentFinancialInstruments 2023-06-30 09544321 bus:SmallEntities 2023-07-01 2024-06-30 09544321 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09544321 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09544321 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09544321 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 09544321
J R Southern Limited
Filleted Unaudited Financial Statements
30 June 2024
J R Southern Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
4
102
102
Current assets
Debtors
5
100,000
100,000
Cash at bank and in hand
2
2
---------
---------
100,002
100,002
---------
---------
Net current assets
100,002
100,002
---------
---------
Total assets less current liabilities
100,104
100,104
---------
---------
Capital and reserves
Called up share capital
100,000
100,000
Profit and loss account
104
104
---------
---------
Shareholders funds
100,104
100,104
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 26 March 2025 , and are signed on behalf of the board by:
Mr J Ray
Director
Company registration number: 09544321
J R Southern Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Brooks House, 1 Albion Place, Maidstone, ME14 5DY, Kent.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
Consolidation In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Investments
Other investments other than loans
£
Cost
At 1 July 2023 and 30 June 2024
102
----
Impairment
At 1 July 2023 and 30 June 2024
----
Carrying amount
At 30 June 2024
102
----
At 30 June 2023
102
----
Subsidiary undertakings
All held by the company:
J R Hoarding & Fencing Ltd
Kingswood Hoarding Ltd
5. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
100,000
100,000
---------
---------