Company Registration No. 9265171 (England and Wales)
Jon Bassett Ltd
Unaudited accounts
for the year ended 31 October 2024
Jon Bassett Ltd
Unaudited accounts
Contents
Jon Bassett Ltd
Company Information
for the year ended 31 October 2024
Company Number
9265171 (England and Wales)
Registered Office
47 East Avenue
Althorne
Essex
CM3 6DD
Accountants
Finer Accountancy Ltd
36 Brook Lane
Galleywood
Chelmsford
Essex
CM2 8NL
Jon Bassett Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
5,184
7,018
Cash at bank and in hand
6,081
7,361
Creditors: amounts falling due within one year
(12,460)
(12,490)
Net current (liabilities)/assets
(6,321)
1,204
Net (liabilities)/assets
(1,137)
8,222
Called up share capital
1
1
Profit and loss account
(1,138)
8,221
Shareholders' funds
(1,137)
8,222
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 10 July 2025 and were signed on its behalf by
Jon Bassett
Director
Company Registration No. 9265171
Jon Bassett Ltd
Notes to the Accounts
for the year ended 31 October 2024
Jon Bassett Ltd is a private company, limited by shares, registered in England and Wales, registration number 9265171. The registered office is 47 East Avenue, Althorne, Essex, CM3 6DD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Straight Line
Motor vehicles
18% Reducing
Computer equipment
18% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
1,220
15,990
4,992
22,202
At 31 October 2024
1,220
15,990
4,992
22,202
At 1 November 2023
657
12,003
2,524
15,184
Charge for the year
219
717
898
1,834
At 31 October 2024
876
12,720
3,422
17,018
At 31 October 2024
344
3,270
1,570
5,184
At 31 October 2023
563
3,987
2,468
7,018
Jon Bassett Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,559
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,767
7,434
Taxes and social security
-
3,071
Loans from directors
(1,857)
363
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).