Juniper Key Limited 14260207 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is investment in properties. Digita Accounts Production Advanced 6.30.9574.0 true 14260207 2023-08-01 2024-07-31 14260207 2024-07-31 14260207 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 14260207 core:Non-currentFinancialInstruments 2024-07-31 14260207 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 14260207 bus:SmallEntities 2023-08-01 2024-07-31 14260207 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 14260207 bus:FilletedAccounts 2023-08-01 2024-07-31 14260207 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14260207 bus:RegisteredOffice 2023-08-01 2024-07-31 14260207 bus:Director1 2023-08-01 2024-07-31 14260207 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14260207 bus:Agent1 2023-08-01 2024-07-31 14260207 countries:England 2023-08-01 2024-07-31 14260207 2023-07-31 14260207 core:CostValuation 2023-07-31 14260207 2022-08-01 2023-07-31 14260207 2023-07-31 14260207 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 14260207 core:Non-currentFinancialInstruments 2023-07-31 14260207 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 14260207

Juniper Key Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

Juniper Key Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Juniper Key Limited

Company Information

Director

Jennifer Brown

Registered office

5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

Accountants

Mansell & Co
Chartered Certified Accountants5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

 

Juniper Key Limited

(Registration number: 14260207)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

207,887

207,887

Investments

5

100,000

100,000

 

307,887

307,887

Current assets

 

Cash at bank and in hand

 

3,878

23,799

Creditors: Amounts falling due within one year

6

(214,419)

(228,498)

Net current liabilities

 

(210,541)

(204,699)

Total assets less current liabilities

 

97,346

103,188

Creditors: Amounts falling due after more than one year

6

(145,552)

(145,550)

Net liabilities

 

(48,206)

(42,362)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(48,306)

(42,462)

Shareholders' deficit

 

(48,206)

(42,362)

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 April 2025
 

.........................................
Jennifer Brown
Director

 

Juniper Key Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

These financial statements were authorised for issue by the director on 28 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

Juniper Key Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Juniper Key Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investment properties

2024
£

At 1 August

207,887

At 31 July

207,887

There has been no valuation of investment property by an independent valuer.

5

Investments

2024
£

2023
£

Investments in joint ventures

100,000

100,000

Joint ventures

£

Cost

At 1 August 2023

100,000

Provision

Carrying amount

At 31 July 2024

100,000

At 31 July 2023

100,000

 

Juniper Key Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

780

756

Other creditors

213,639

227,742

214,419

228,498

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

145,552

145,550

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

145,552

145,550