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REGISTERED NUMBER: 00234118 (England and Wales)















John Ray Limited

Unaudited Financial Statements For The Year Ended 30 September 2024






John Ray Limited (Registered number: 00234118)






Contents of the Financial Statements
For The Year Ended 30 September 2024

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Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Ray Limited

Company Information
For The Year Ended 30 September 2024







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DIRECTORS: John Ray
Jean Margaret Ray
Alexandra Roberton
Emma Harrison
Matthew Ray



REGISTERED OFFICE: The Maltings
Bridge Street
Hitchin
Hertfordshire
SG5 2DE



REGISTERED NUMBER: 00234118 (England and Wales)



SOLICITORS: HRJ Foreman Laws
25 Bancroft
Hitchin
SG6 1GJ

John Ray Limited (Registered number: 00234118)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
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FIXED ASSETS
Tangible assets 4 100,292 115,219
Investment property 5 2,242,638 2,600,571
2,342,930 2,715,790

CURRENT ASSETS
Stocks 6 145,332 40,546
Debtors 7 366,527 358,335
Cash at bank and in hand 1,122,947 1,054,845
1,634,806 1,453,726
CREDITORS
Amounts falling due within one year 8 (319,889 ) (368,967 )
NET CURRENT ASSETS 1,314,917 1,084,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,657,847

3,800,549

PROVISIONS FOR LIABILITIES (97,337 ) (145,611 )
NET ASSETS 3,560,510 3,654,938

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Revaluation reserve 9 178,775 174,316
Retained earnings 9 3,376,735 3,475,622
3,560,510 3,654,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

John Ray Limited (Registered number: 00234118)

Balance Sheet - continued
30 September 2024

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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 26 June 2025 and were signed on its behalf by:





John Ray - Director


John Ray Limited (Registered number: 00234118)

Notes to the Financial Statements
For The Year Ended 30 September 2024
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1. STATUTORY INFORMATION

John Ray Limited 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.
Plant and machinery - Straight line over 7 years
Computer equipment - 20% 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

John Ray Limited (Registered number: 00234118)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024
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3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 October 2023 95,509 8,834 15,169 5,613 125,125
Additions - 355 - 2,474 2,829
Revaluations (13,146 ) - - - (13,146 )
At 30 September 2024 82,363 9,189 15,169 8,087 114,808
DEPRECIATION
At 1 October 2023 - 3,669 1,778 4,459 9,906
Charge for year - 1,046 3,034 530 4,610
At 30 September 2024 - 4,715 4,812 4,989 14,516
NET BOOK VALUE
At 30 September 2024 82,363 4,474 10,357 3,098 100,292
At 30 September 2023 95,509 5,165 13,391 1,154 115,219

Cost or valuation at 30 September 2024 is represented by:

Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
Valuation in 2024 82,363 9,189 15,169 8,087 114,808

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 2,600,571
Revaluations (357,933 )
At 30 September 2024 2,242,638
NET BOOK VALUE
At 30 September 2024 2,242,638
At 30 September 2023 2,600,571

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 2,242,638

John Ray Limited (Registered number: 00234118)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024
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6. STOCKS
2024 2023
£    £   
Work-in-progress 145,332 40,546

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,202 106,706
Other debtors 67,817 177,747
Prepayments and accrued income 277,508 73,882
366,527 358,335

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 82,377 35,495
Tax 76,946 45,939
Social security and other taxes 8,575 8,614
VAT 73,594 82,551
Other creditors 22,172 128,161
Accrued expenses 56,225 68,207
319,889 368,967

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 October 2023 3,475,622 174,316 3,649,938
Profit for the year 259,046 259,046
Non distributable ret earnings (357,933 ) 4,459 (353,474 )
At 30 September 2024 3,376,735 178,775 3,555,510