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REGISTERED NUMBER: 00459046 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

A. JAMES (EMBROIDERERS) LTD

A. JAMES (EMBROIDERERS) LTD (REGISTERED NUMBER: 00459046)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A. JAMES (EMBROIDERERS) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: D S Singer





SECRETARY: D S Singer





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 00459046 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

A. JAMES (EMBROIDERERS) LTD (REGISTERED NUMBER: 00459046)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,317 4,115
Investment property 5 495,500 412,000
499,817 416,115

CURRENT ASSETS
Cash at bank 9,888 6,818

CREDITORS
Amounts falling due within one year 6 11,740 7,130
NET CURRENT LIABILITIES (1,852 ) (312 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

497,965

415,803

PROVISIONS FOR LIABILITIES 63,287 49,092
NET ASSETS 434,678 366,711

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 8 433,678 365,711
SHAREHOLDERS' FUNDS 434,678 366,711

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 April 2025 and were signed by:



D S Singer - Director


A. JAMES (EMBROIDERERS) LTD (REGISTERED NUMBER: 00459046)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

A. James (Embroiderers) 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.

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.
Improvements to property - not provided
Fixtures and fittings - 25% on reducing balance
Computer & office equipment - 33% on cost

Freehold property is not depreciated as in the opinion of the directors the property is maintained at a constant level and is not likely to devalue in the foreseeable future.

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).

A. JAMES (EMBROIDERERS) LTD (REGISTERED NUMBER: 00459046)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures Computer
to and & office
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 160 5,515 5,653 11,328
Additions - - 2,749 2,749
At 31 December 2024 160 5,515 8,402 14,077
DEPRECIATION
At 1 January 2024 - 2,416 4,797 7,213
Charge for year - 775 1,772 2,547
At 31 December 2024 - 3,191 6,569 9,760
NET BOOK VALUE
At 31 December 2024 160 2,324 1,833 4,317
At 31 December 2023 160 3,099 856 4,115

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 412,000
Revaluations 83,500
At 31 December 2024 495,500
NET BOOK VALUE
At 31 December 2024 495,500
At 31 December 2023 412,000

Included in fair value of investment property is freehold land of £ 495,500 (2023 - £ 412,000 ) which is not depreciated.

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2002 188,000
Valuation in 2008 300,000
Valuation in 2013 (70,000 )
Valuation in 2015 27,000
Valuation in 2016 15,000
Valuation in 2017 (17,000 )
Valuation in 2018 (29,000 )
Valuation in 2019 14,000
Valuation in 2020 (28,000 )
Valuation in 2025 83,500
Cost 12,000
495,500

A. JAMES (EMBROIDERERS) LTD (REGISTERED NUMBER: 00459046)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 12,000 12,000

The investment property was valued on an open market basis on 28 March 2025 by Hair & Sons .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,772 2,772
Tax - 3,067
Directors' current accounts 1,128 469
Accrued expenses 840 822
11,740 7,130

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
20,000 Ordinary 5p 1,000 1,000

8. RESERVES
Retained
earnings
£   

At 1 January 2024 365,711
Profit for the year 67,967
At 31 December 2024 433,678