Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3142024-01-01falseis that of developing land and building properties.4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04297274 2024-01-01 2024-12-31 04297274 2023-01-01 2023-12-31 04297274 2024-12-31 04297274 2023-12-31 04297274 c:Director1 2024-01-01 2024-12-31 04297274 c:Director2 2024-01-01 2024-12-31 04297274 d:PlantMachinery 2024-01-01 2024-12-31 04297274 d:PlantMachinery 2024-12-31 04297274 d:PlantMachinery 2023-12-31 04297274 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04297274 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04297274 d:MotorVehicles 2024-01-01 2024-12-31 04297274 d:MotorVehicles 2024-12-31 04297274 d:MotorVehicles 2023-12-31 04297274 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04297274 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04297274 d:OfficeEquipment 2024-01-01 2024-12-31 04297274 d:OfficeEquipment 2024-12-31 04297274 d:OfficeEquipment 2023-12-31 04297274 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04297274 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04297274 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04297274 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04297274 d:CurrentFinancialInstruments 2024-12-31 04297274 d:CurrentFinancialInstruments 2023-12-31 04297274 d:Non-currentFinancialInstruments 2024-12-31 04297274 d:Non-currentFinancialInstruments 2023-12-31 04297274 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04297274 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04297274 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 04297274 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 04297274 d:ShareCapital 2024-12-31 04297274 d:ShareCapital 2023-12-31 04297274 d:RetainedEarningsAccumulatedLosses 2024-12-31 04297274 d:RetainedEarningsAccumulatedLosses 2023-12-31 04297274 c:OrdinaryShareClass1 2024-01-01 2024-12-31 04297274 c:OrdinaryShareClass1 2024-12-31 04297274 c:OrdinaryShareClass2 2024-01-01 2024-12-31 04297274 c:OrdinaryShareClass2 2024-12-31 04297274 c:OrdinaryShareClass3 2024-01-01 2024-12-31 04297274 c:OrdinaryShareClass3 2024-12-31 04297274 c:FRS102 2024-01-01 2024-12-31 04297274 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04297274 c:FullAccounts 2024-01-01 2024-12-31 04297274 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04297274 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-01-01 2024-12-31 04297274 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-12-31 04297274 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-31 04297274 6 2024-01-01 2024-12-31 04297274 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04297274









S & A JONES DEVELOPMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
S & A JONES DEVELOPMENTS LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 9


 
S & A JONES DEVELOPMENTS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF S & A JONES DEVELOPMENTS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S & A Jones Developments Limited for the year ended 31 December 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of S & A Jones Developments Limited, as a body, in accordance with the terms of our engagement letter dated 13 May 2020Our work has been undertaken solely to prepare for your approval the financial statements of S & A Jones Developments Limited and state those matters that we have agreed to state to the Board of Directors of S & A Jones Developments Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S & A Jones Developments Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that S & A Jones Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S & A Jones Developments Limited. You consider that S & A Jones Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of S & A Jones Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
25 June 2025
Page 1

 
S & A JONES DEVELOPMENTS LIMITED
REGISTERED NUMBER: 04297274

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
131,906
129,789

Investments
 5 
300
200

  
132,206
129,989

Current assets
  

Stocks
  
675,517
1,083,893

Debtors: amounts falling due within one year
 6 
599,725
1,025,270

Cash at bank and in hand
  
2,774,686
1,767,264

  
4,049,928
3,876,427

Creditors: amounts falling due within one year
 7 
(320,126)
(314,555)

Net current assets
  
 
 
3,729,802
 
 
3,561,872

Total assets less current liabilities
  
3,862,008
3,691,861

Creditors: amounts falling due after more than one year
 8 
(71,656)
(82,449)

Provisions for liabilities
  

Deferred tax
  
(18,428)
(13,050)

  
 
 
(18,428)
 
 
(13,050)

Net assets
  
3,771,924
3,596,362


Capital and reserves
  

Called up share capital 
 9 
4
4

Profit and loss account
  
3,771,920
3,596,358

  
3,771,924
3,596,362


Page 2

 
S & A JONES DEVELOPMENTS LIMITED
REGISTERED NUMBER: 04297274
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 June 2025.




................................................
Mr S Jones
................................................
Mrs A J Jones
Director
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The company is a United Kingdom private company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is 7 The Close, Norwich, NR1 4DJ. The company's trading address is Thompson, Norfolk.
The company's principle activity is that of developing land and building properties.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 have been consistently applied within the same accounts.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance or straight line basis.

Depreciation is provided on the following basis:

Plant & machinery
-
20% reducing balance
Motor vehicles
-
25% reducing balance
Computer equipment
-
Straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. 

Page 5

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 6

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant & equipment
Motor  vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
53,492
147,619
3,118
204,229


Additions
613
48,744
73
49,430


Disposals
-
(31,163)
-
(31,163)



At 31 December 2024

54,105
165,200
3,191
222,496



Depreciation


At 1 January 2024
12,264
60,365
1,811
74,440


Charge for the year on owned assets
8,369
13,214
785
22,368


Charge for the year on financed assets
-
19,399
-
19,399


Disposals
-
(25,617)
-
(25,617)



At 31 December 2024

20,633
67,361
2,596
90,590



Net book value



At 31 December 2024
33,472
97,839
595
131,906



At 31 December 2023
41,228
87,254
1,307
129,789


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
200


Additions
100



At 31 December 2024
300




Page 7

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
760
760

Amounts owed by group undertakings
482,806
1,016,700

Other debtors
111,737
3,626

Prepayments and accrued income
4,422
4,184

599,725
1,025,270



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
235
1,149

Other taxation and social security
15,978
6,097

Obligations under finance lease and hire purchase contracts
10,794
10,481

Other creditors
288,524
290,878

Accruals and deferred income
4,595
5,950

320,126
314,555


The HP and finance leases are secured on the assets concerned. 


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
71,656
82,449

71,656
82,449


The HP and finance leases are secured on the assets concerned. 

Page 8

 
S & A JONES DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1.00 each
2
2
1 Ordinary 'B' share of £1.00
1
1
1 Ordinary 'C' share of £1.00
1
1

4

4



10.


Related party transactions

As at 31 December 2024, the balance of the directors' loan account was £282,924 (2023: £285,562) owed by the company to the directors, as included within other creditors in note 7 to the financial statements. The loan is repayable on demand with no interest being charged. 
As at 31 December 2024, companies which the directors control as shareholders owed the company £99,495 (2023: £Nil).

 
Page 9