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REGISTERED NUMBER: 04571864 (England and Wales)








































Sarah Jane Brown Limited

Unaudited Financial Statements

for the Year Ended 31st October 2024






Sarah Jane Brown Limited (Registered number: 04571864)






Contents of the Financial Statements
for the year ended 31st October 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3 to 5


Sarah Jane Brown Limited

Company Information
for the year ended 31st October 2024







Director: Ms S J Brown





Registered office: 118 Newland Road
Worthing
West Sussex
BN11 1LB





Registered number: 04571864 (England and Wales)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Sarah Jane Brown Limited (Registered number: 04571864)

Balance Sheet
31st October 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 264 216

Current assets
Stocks 950 950
Debtors 5 960 -
Cash at bank 10,854 12,612
12,764 13,562
Creditors
Amounts falling due within one year 6 5,307 6,034
Net current assets 7,457 7,528
Total assets less current liabilities 7,721 7,744

Capital and reserves
Called up share capital 100 100
Retained earnings 7,621 7,644
Shareholders' funds 7,721 7,744

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

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

The director acknowledges her 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th April 2025 and were signed by:





Ms S J Brown - Director


Sarah Jane Brown Limited (Registered number: 04571864)

Notes to the Financial Statements
for the year ended 31st October 2024

1. Statutory information

Sarah Jane Brown Limited 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.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less residual value over its expected useful life, as follows:

Fixtures and fittings - 25% Reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks
Stock is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred in bringing the stock to completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade creditors, accruals and director's loans.

Director's loan (being repayable on demand), prepayments, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Sarah Jane Brown Limited (Registered number: 04571864)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

2. Accounting policies - continued
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.

Employee benefit
Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern
The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, she continues to adopt the going concern basis in preparing these financial statements.
.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Tangible fixed assets
Fixtures,
fittings
and
equipment
£   
Cost
At 1st November 2023 3,593
Additions 104
At 31st October 2024 3,697
Depreciation
At 1st November 2023 3,377
Charge for year 56
At 31st October 2024 3,433
Net book value
At 31st October 2024 264
At 31st October 2023 216

Sarah Jane Brown Limited (Registered number: 04571864)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 960 -

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors (561 ) (801 )
Taxation and social security 564 882
Other creditors 5,304 5,953
5,307 6,034

7. Post balance sheet events

Since the year end, on 7th February 2025, a dividend of £36 per share has been declared and paid.