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REGISTERED NUMBER: 08637831 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 August 2024

for

Jakoby Ltd

Jakoby Ltd (Registered number: 08637831)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jakoby Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr J Richardson
Ms L C Jarman





SECRETARY: Ms L C Jarman





REGISTERED OFFICE: Oakfield
Meeting House Lane
Claverham
Bristol
BS49 4PB





REGISTERED NUMBER: 08637831 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Jakoby Ltd (Registered number: 08637831)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,840 -
Investment property 5 2,860,000 2,860,000
2,883,840 2,860,000

CURRENT ASSETS
Debtors 6 56,181 54,724
Cash at bank 71,486 4,859
127,667 59,583
CREDITORS
Amounts falling due within one year 7 170,116 183,829
NET CURRENT LIABILITIES (42,449 ) (124,246 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,841,391 2,735,754

CREDITORS
Amounts falling due after more than one year 8 668,415 547,852
NET ASSETS 2,172,976 2,187,902

CAPITAL AND RESERVES
Called up share capital 10 1,116,002 1,116,002
Share premium 11 1,116,000 1,116,000
Fair value reserve 11 (190,663 ) (190,663 )
Retained earnings 11 131,637 146,563
SHAREHOLDERS' FUNDS 2,172,976 2,187,902

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

Jakoby Ltd (Registered number: 08637831)

Balance Sheet - 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 29 May 2025 and were signed on its behalf by:





Ms L C Jarman - Director


Jakoby Ltd (Registered number: 08637831)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Jakoby 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% 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 profit or loss.

Taxation
Taxation for the year 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 balance sheet date.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Jakoby Ltd (Registered number: 08637831)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 - 789 789
Additions 31,787 - 31,787
At 31 August 2024 31,787 789 32,576
DEPRECIATION
At 1 September 2023 - 789 789
Charge for year 7,947 - 7,947
At 31 August 2024 7,947 789 8,736
NET BOOK VALUE
At 31 August 2024 23,840 - 23,840
At 31 August 2023 - - -

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 31,787
At 31 August 2024 31,787
DEPRECIATION
Charge for year 7,947
At 31 August 2024 7,947
NET BOOK VALUE
At 31 August 2024 23,840

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 2,860,000
NET BOOK VALUE
At 31 August 2024 2,860,000
At 31 August 2023 2,860,000

Jakoby Ltd (Registered number: 08637831)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2021 79,613
Valuation in 2023 (315,000 )
Cost 3,095,387
2,860,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 11,034 10,000
Deferred tax asset 45,147 44,724
56,181 54,724

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 4,279 -
Tax 7,082 15,229
Other creditors 11,034 -
Directors' current accounts 146,612 167,633
Accrued expenses 1,109 967
170,116 183,829

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans more 5 yrs non-inst 649,695 547,852
Hire purchase contracts 18,720 -
668,415 547,852

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 649,695 547,852

9. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 649,695 547,852

Jakoby Ltd (Registered number: 08637831)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
558,001 Ordinary A £1 558,001 558,001
558,001 Ordinary B £1 558,001 558,001
1,116,002 1,116,002

11. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 September 2023 146,563 1,116,000 (190,663 ) 1,071,900
Profit for the year 28,174 28,174
Dividends (43,100 ) (43,100 )
At 31 August 2024 131,637 1,116,000 (190,663 ) 1,056,974