Registered number
08246805
Jury Developments Limited
Unaudited Filleted Accounts
31 October 2024
Jury Developments Limited
Registered number: 08246805
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,475,638 1,185,971
Investments 4 450,000 450,000
1,925,638 1,635,971
Current assets
Debtors 5 3,386 2,441
Cash at bank and in hand 351,479 260,115
354,865 262,556
Creditors: amounts falling due within one year 6 (27,245) (13,054)
Net current assets 327,620 249,502
Total assets less current liabilities 2,253,258 1,885,473
Creditors: amounts falling due after more than one year 7 (1,284,795) (1,039,720)
Provisions for liabilities (69,111) (69,111)
Net assets 899,352 776,642
Capital and reserves
Called up share capital 100 100
Profit and loss account 899,252 776,542
Shareholder's funds 899,352 776,642
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
David Fleming
Director
Approved by the board on 3 June 2025
Jury Developments Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Straight line
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 November 2023 1,185,002 2,801 1,187,803
Additions 247,082 - 247,082
Surplus on revaluation 42,918 - 42,918
At 31 October 2024 1,475,002 2,801 1,477,803
Depreciation
At 1 November 2023 - 1,832 1,832
Charge for the year - 333 333
At 31 October 2024 - 2,165 2,165
Net book value
At 31 October 2024 1,475,002 636 1,475,638
At 31 October 2023 1,185,002 969 1,185,971
Freehold land and buildings: 2024 2023
£ £
Historical cost 1,475,002 1,185,002
Cumulative depreciation based on historical cost - -
1,475,002 1,185,002
The 2024 valuations were made by the director on an open market value for existing use basis.
4 Investments
Other
investments
£
Cost
At 1 November 2023 450,000
At 31 October 2024 450,000
5 Debtors 2024 2023
£ £
Trade debtors 1,250 1,200
Other debtors 2,136 1,241
3,386 2,441
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 63
Taxation and social security costs 20,006 8,390
Accruals 1,020 984
Other creditors 6,219 3,617
27,245 13,054
7 Creditors: amounts falling due after one year 2024 2023
£ £
Deposits held 16,820 9,745
Other creditors 1,267,975 1,029,975
1,284,795 1,039,720
8 Other information
Jury Developments Limited is a private company limited by shares and incorporated in England. Its registered office is:
Park Lane Cottage
Park Lane
Castle Combe
Chippenham
SN14 7HW
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