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REGISTERED NUMBER: 07003695 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

James McKenzie (Wills) Ltd

James McKenzie (Wills) Ltd (Registered number: 07003695)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

James McKenzie (Wills) Ltd

Company Information
for the year ended 30 June 2024







DIRECTORS: G Briscoe
T R Briscoe
A Buchan





REGISTERED OFFICE: Old Station House
London Road
East Grinstead
West Sussex
RH19 1EP





REGISTERED NUMBER: 07003695 (England and Wales)





ACCOUNTANTS: Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

James McKenzie (Wills) Ltd (Registered number: 07003695)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,629 64,648

CURRENT ASSETS
Debtors 5 540,215 382,626
Cash at bank 944,336 922,759
1,484,551 1,305,385
CREDITORS
Amounts falling due within one year 6 660,106 433,743
NET CURRENT ASSETS 824,445 871,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

882,074

936,290

CREDITORS
Amounts falling due after more than
one year

7

(93,537

)

(165,481

)

PROVISIONS FOR LIABILITIES (14,407 ) (16,162 )
NET ASSETS 774,130 754,647

James McKenzie (Wills) Ltd (Registered number: 07003695)

Balance Sheet - continued
30 June 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 773,130 753,647
SHAREHOLDERS' FUNDS 774,130 754,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 17 March 2025 and were signed on its behalf by:





G Briscoe - Director


James McKenzie (Wills) Ltd (Registered number: 07003695)

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

1. STATUTORY INFORMATION

James McKenzie (Wills) 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.

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.
Plant and machinery etc - 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.

James McKenzie (Wills) Ltd (Registered number: 07003695)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 96,356
Additions 12,873
At 30 June 2024 109,229
DEPRECIATION
At 1 July 2023 31,708
Charge for year 19,892
At 30 June 2024 51,600
NET BOOK VALUE
At 30 June 2024 57,629
At 30 June 2023 64,648

James McKenzie (Wills) Ltd (Registered number: 07003695)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 257,705 106,631
Other debtors 282,510 275,995
540,215 382,626

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,163 7,163
Trade creditors 7,282 16,066
Taxation and social security 342,866 300,254
Other creditors 302,795 110,260
660,106 433,743

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 37,530 44,692
Other creditors 56,007 120,789
93,537 165,481

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
James McKenzie (Wills) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of James McKenzie (Wills) Ltd for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of James McKenzie (Wills) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of James McKenzie (Wills) Ltd and state those matters that we have agreed to state to the Board of Directors of James McKenzie (Wills) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than James McKenzie (Wills) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that James McKenzie (Wills) 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 profit of James McKenzie (Wills) Ltd. You consider that James McKenzie (Wills) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of James McKenzie (Wills) 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.






Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
James McKenzie (Wills) Ltd



17 March 2025