Company Registration No. 10255042 (England and Wales)
Jones Real Estate Ltd
Unaudited accounts
for the year ended 29 June 2024
Jones Real Estate Ltd
Unaudited accounts
Contents
Jones Real Estate Ltd
Company Information
for the year ended 29 June 2024
Directors
MICHELLE KOROMA
MICHAEL JONES
LILY JONES
Company Number
10255042 (England and Wales)
Accountants
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
Jones Real Estate Ltd
Statement of financial position
as at 29 June 2024
Tangible assets
3,119,744
3,118,920
Cash at bank and in hand
4,814
3,491
Creditors: amounts falling due within one year
(1,325,044)
(1,321,542)
Net current liabilities
(1,311,755)
(1,313,351)
Total assets less current liabilities
1,807,989
1,805,569
Creditors: amounts falling due after more than one year
(2,384,180)
(2,384,180)
Net liabilities
(576,191)
(578,611)
Profit and loss account
(576,191)
(578,611)
Shareholders' funds
(576,191)
(578,611)
For the year ending 29 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 directors acknowledge their 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 of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
LILY JONES
Director
Company Registration No. 10255042
Jones Real Estate Ltd
Notes to the Accounts
for the year ended 29 June 2024
Jones Real Estate Ltd is a private company, limited by shares, registered in England and Wales, registration number 10255042.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 30 June 2023
3,157,553
-
3,157,553
At 29 June 2024
3,157,553
824
3,158,377
At 30 June 2023
38,633
-
38,633
At 29 June 2024
38,633
-
38,633
At 29 June 2024
3,118,920
824
3,119,744
At 29 June 2023
3,118,920
-
3,118,920
Amounts falling due within one year
Jones Real Estate Ltd
Notes to the Accounts
for the year ended 29 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,226,880
1,226,880
Loans from directors
98,164
94,662
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,384,180
2,384,180
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).