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Company Registration No. 10432524 (England and Wales)
J Bear Estates Ltd Unaudited accounts for the year ended 31 October 2024
J Bear Estates Ltd Unaudited accounts Contents
Page
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J Bear Estates Ltd Company Information for the year ended 31 October 2024
Directors
K Harris T Harris
Company Number
10432524 (England and Wales)
Registered Office
Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME2 4FX
Accountants
AK Tax & Accountancy Ltd Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME24FX
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J Bear Estates Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,428,827 
810,000 
Investments
100 
100 
1,428,927 
810,100 
Current assets
Cash at bank and in hand
4,862 
4,083 
Creditors: amounts falling due within one year
(44,017)
(39,075)
Net current liabilities
(39,155)
(34,992)
Total assets less current liabilities
1,389,772 
775,108 
Creditors: amounts falling due after more than one year
(802,183)
(528,367)
Net assets
587,589 
246,741 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
587,489 
246,641 
Shareholders' funds
587,589 
246,741 
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 directors acknowledge their 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 of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
K Harris Director Company Registration No. 10432524
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J Bear Estates Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
J Bear Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 10432524. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not provided for
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2023
810,000 
Additions
618,827 
At 31 October 2024
1,428,827 
Depreciation
At 31 October 2024
- 
Net book value
At 31 October 2024
1,428,827 
At 31 October 2023
810,000 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2023
100 
Valuation at 31 October 2024
100 
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J Bear Estates Ltd Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,804 
20,085 
Trade creditors
7,800 
10,364 
Taxes and social security
5,860 
5,780 
Loans from directors
553 
846 
Accruals
2,000 
2,000 
44,017 
39,075 
The bank loan totalling £27,840 is secured against the property owned by the company by way of a charge.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
737,201 
439,385 
Amounts owed to group undertakings and other participating interests
64,982 
88,982 
802,183 
528,367 
The bank loan totalling £572,679 is secured against the property owned by the company by way of a charge.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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