Company Registration No. 14413968 (England and Wales)
Jack Rose Estates Limited
Unaudited accounts
for the year ended 31 October 2024
Jack Rose Estates Limited
Unaudited accounts
Contents
Jack Rose Estates Limited
Company Information
for the year ended 31 October 2024
Directors
Robin Hugh Lardner-Burke
Jonathan Paul Waring
Company Number
14413968 (England and Wales)
Registered Office
85 Great Portland Street
First Floor
London
W1W 7LT
England
Accountants
Embrace Accountants Ltd
37 St. Leonards Drive
Nottingham
NG8 2BB
Jack Rose Estates Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
4,315
19,303
Creditors: amounts falling due within one year
(12,146)
(17,020)
Net current assets
2,133
2,283
Called up share capital
100
100
Profit and loss account
2,033
2,183
Shareholders' funds
2,133
2,283
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 28 July 2025 and were signed on its behalf by
Jonathan Paul Waring
Director
Company Registration No. 14413968
Jack Rose Estates Limited
Notes to the Accounts
for the year ended 31 October 2024
Jack Rose Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 14413968. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.
Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Jack Rose Estates Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,451
7,916
Loans from directors
369
-
6
Transactions with related parties
During the year, the Company made interest-free advances to Jonathan Waring, a director of the Company of £9,964. These were repayable on demand and are included in other debtors (2023: creditors £472).
Included within creditors falling due within one year is a loan of £369 (2023: £249) due to Robin Lardner-Burke, a director of the Company. The loan is unsecured, interest free and repayable on demand.
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Average number of employees
During the year the average number of employees was 2 (2023: 1).