| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 13 August 2023 to 31 August 2024 |
| for |
| Jack And Alice Homes Ltd |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 48 Hucclecote Road |
| Gloucester |
| Gloucestershire |
| GL3 3RS |
| BANKERS: |
| 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 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rental income due for the accounting period from the investment property. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| 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 |
| At 31 August 2024 |
| Depreciation |
| Charge for period |
| At 31 August 2024 |
| Net book value |
| At 31 August 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| Fair value |
| Additions |
| At 31 August 2024 |
| Net book value |
| At 31 August 2024 |
| 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 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| 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 |
| 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: | £ |
| Ordinary | £1 | 2 |
| 2 Ordinary shares of £1 each were allotted and fully paid for |
| 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. |