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REGISTERED NUMBER: 15068037 (England and Wales)















Unaudited Financial Statements

for the Period 13 August 2023 to 31 August 2024

for

Jack And Alice Homes Ltd

Jack And Alice Homes Ltd (Registered number: 15068037)

Contents of the Financial Statements
for the Period 13 August 2023 to 31 August 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Jack And Alice Homes Ltd

Company Information
for the Period 13 August 2023 to 31 August 2024







DIRECTORS: Mrs C A A Lawrence
R W Molloy



REGISTERED OFFICE: Highgarth Villa
Denmark Road
Gloucester
Gloucestershire
GL1 3HR



REGISTERED NUMBER: 15068037 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: National Westminster Bank Plc
21 Eastgate Street
Gloucester
GL1 1NH

Jack And Alice Homes Ltd (Registered number: 15068037)

Statement of Financial Position
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,566
Investment property 5 199,377
201,943

CURRENT ASSETS
Debtors 6 106
Cash at bank 4,470
4,576
CREDITORS
Amounts falling due within one year 7 75,800
NET CURRENT LIABILITIES (71,224 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,719

CREDITORS
Amounts falling due after more than one
year

8

142,501
NET LIABILITIES (11,782 )

CAPITAL AND RESERVES
Called up share capital 10 2
Retained earnings (11,784 )
SHAREHOLDERS' FUNDS (11,782 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

Jack And Alice Homes Ltd (Registered number: 15068037)

Statement of Financial Position - continued
31 August 2024


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 12 May 2025 and were signed on its behalf by:




R W Molloy - Director



Mrs C A A Lawrence - Director


Jack And Alice Homes Ltd (Registered number: 15068037)

Notes to the Financial Statements
for the Period 13 August 2023 to 31 August 2024


1. STATUTORY INFORMATION

Jack And Alice Homes 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 represents rental income due for the accounting period from the investment property.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

Taxation
Taxation for the period 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 statement of financial position date.

Going concern
Despite net current liabilities of £71,224 and net liabilities of £11,782 at 31 August 2024, the financial statements have been prepared on a going concern basis. The directors have reviewed the future cash flows of the business and have expressed their intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Jack And Alice Homes Ltd (Registered number: 15068037)

Notes to the Financial Statements - continued
for the Period 13 August 2023 to 31 August 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
Cost
Additions 2,933
At 31 August 2024 2,933
Depreciation
Charge for period 367
At 31 August 2024 367
Net book value
At 31 August 2024 2,566

5. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 199,377
At 31 August 2024 199,377
Net book value
At 31 August 2024 199,377

The directors have reviewed the local property market and established that the fair value of the investment property is in line with the initial cost at 31 August 2024. There has therefore been no property revaluation during the period.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 106

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 75,800

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 142,501

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 142,501

Jack And Alice Homes Ltd (Registered number: 15068037)

Notes to the Financial Statements - continued
for the Period 13 August 2023 to 31 August 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 142,501

The bank loan is secured by way of a fixed charge over the company's investment property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

11. RELATED PARTY DISCLOSURES

R W Molloy and Mrs C A A Lawrence
Directors

The directors have loaned funds to the company to assist with the purchase of the company's investment property. At 31 August 2024, the company owed the directors £60,201. The loan, including within other creditors, is interest free and has no fixed repayment terms.

In addition, a company controlled by the director R W Molloy has loaned funds to Jack and Alice Homes Ltd. At 31 August 2024, the loan balance outstanding was £15,000. The loan, included within other creditors, is interest free and has no fixed repayment terms.