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Company Registration No. 05920198 (England and Wales)
JR Architecture Limited Unaudited accounts for the year ended 31 December 2024
JR Architecture Limited Unaudited accounts Contents
Page
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JR Architecture Limited Company Information for the year ended 31 December 2024
Directors
Mr J M Reeves Mrs H M Reeves
Secretary
Mrs H M Reeves
Company Number
05920198 (England and Wales)
Registered Office
Limehurst House Bridge Street Loughborough Leicestershire LE11 1NH
Accountants
Bradgate Business Support Limited Old Rectory Cottage 112 Main Street Markfield Leicestershire LE67 9UX
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JR Architecture Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
255,493 
255,979 
Investment property
265,000 
250,000 
520,493 
505,979 
Current assets
Debtors
13,283 
18,448 
Cash at bank and in hand
6,637 
12,852 
19,920 
31,300 
Creditors: amounts falling due within one year
(38,139)
(35,652)
Net current liabilities
(18,219)
(4,352)
Total assets less current liabilities
502,274 
501,627 
Creditors: amounts falling due after more than one year
(4,675)
(11,861)
Provisions for liabilities
Deferred tax
(7,554)
(3,926)
Net assets
490,045 
485,840 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
489,945 
485,740 
Shareholders' funds
490,045 
485,840 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
Mr J M Reeves Director Company Registration No. 05920198
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JR Architecture Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
JR Architecture Limited is a private company, limited by shares, registered in England and Wales, registration number 05920198. The registered office is Limehurst House, Bridge Street, Loughborough, Leicestershire, LE11 1NH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on a straight line basis
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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JR Architecture Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
247,325 
50,086 
297,411 
Additions
- 
3,835 
3,835 
At 31 December 2024
247,325 
53,921 
301,246 
Depreciation
At 1 January 2024
- 
41,432 
41,432 
Charge for the year
- 
4,321 
4,321 
At 31 December 2024
- 
45,753 
45,753 
Net book value
At 31 December 2024
247,325 
8,168 
255,493 
At 31 December 2023
247,325 
8,654 
255,979 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
250,000 
Net gain from fair value adjustments
15,000 
At 31 December 2024
265,000 
The investment property has been valued by the director based on current market conditions.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,768 
6,775 
Accrued income and prepayments
443 
11,577 
Other debtors
72 
96 
13,283 
18,448 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,080 
7,080 
VAT
4,906 
8,343 
Trade creditors
5,372 
657 
Taxes and social security
17,319 
16,531 
Other creditors
503 
1,019 
Loans from directors
2,059 
1,122 
Accruals
900 
900 
38,139 
35,652 
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JR Architecture Limited Notes to the Accounts for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,675 
11,861 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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