R.J.A.R. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024
Company Registration Number: 02264198
R.J.A.R. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
CONTENTS PAGES
Company information 1
Balance sheet 2 to 3
Notes to the financial statements 4 to 7
R.J.A.R. LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024
DIRECTORS
R J A Graham
J Burrill
R Hall
SECRETARY
J Burrill
REGISTERED OFFICE
C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ
COMPANY REGISTRATION NUMBER
02264198 England and Wales
R.J.A.R. LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2024
Notes 2024 2023
£ £
FIXED ASSETS
Investments 5 2,862 350
CURRENT ASSETS
Debtors 6 15,000 152,572
Cash at bank and in hand 8,277 11,255
23,277 163,827
CREDITORS: Amounts falling due within one year 7 2,714 3,000
NET CURRENT ASSETS 20,563 160,827
NET ASSETS 23,425 161,177
CAPITAL AND RESERVES
Called up share capital 20,080 20,080
Distributable profit and loss account 3,325 141,077
Capital redemption reserve 20 20
SHAREHOLDERS' FUNDS 23,425 161,177
R.J.A.R. LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2024
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
J Burrill
Director
Date approved by the board: 21 August 2025
R.J.A.R. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
1 GENERAL INFORMATION
R.J.A.R. Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ
The company ceased to trade on 28 February 2022.
The financial statements are presented in Sterling, which is the functional currency of the company.
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of preparation of financial statements
These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
Going concern
The accounts have been drawn up on a basis other than going concern as the company ceased to trade on 28 February 2022. As the going concern basis is not appropriate, adjustments have been made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise as a result of the cessation and to reclassify fixed assets as current assets.
Investments
Fixed asset investments are shown at fair value less accumulated impairment losses.
R.J.A.R. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
Financial Instruments
A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.
Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.
Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.
Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.
Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Debtors
Short term debtors are measured at transaction price, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
R.J.A.R. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Current and deferred tax assets and liabilities are not discounted.
3 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.
4 EMPLOYEES
The average number of persons employed by the company (including directors) during the year was:
2024 2023
Average number of employees 3 3
5 FIXED ASSET INVESTMENTS
Other investments
£
Cost
At 1 December 2023 350
Revaluation 2,512
At 30 November 2024 2,862
Net book value
At 1 December 2023 350
At 30 November 2024 2,862
R.J.A.R. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
6 DEBTORS
2024 2023
£ £
Prepayments and accrued income - 143,799
Other debtors 15,000 8,773
15,000 152,572
7 CREDITORS: Amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 2,714 3,000
8 DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
The following directors' advances, credits and guarantees took place during the year:
Balance at 1 December 2023 Amounts advanced Amounts repaid Amounts written off or waived Balance at 30 November 2024
£ £ £ £ £
R J A Graham - 5,000 - - 5,000
J Burrill - 5,000 - - 5,000
R Hall - 5,000 - - 5,000
- 15,000 - - 15,000
These advances are interest free and repayable on demand.
9 RELATED PARTY TRANSACTIONS
During the year, the following transactions with related parties took place:
J Burrill
Director 2024 2023
£ £
Consultancy fees paid to the director 800 3,400
R.J.A.R. Limited 02264198 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts (tagged by user) July 2024 true No description of principal activity 02264198 2022-12-01 2023-11-30 02264198 core:WithinOneYear 2023-11-30 02264198 core:ShareCapital 2023-11-30 02264198 core:RetainedEarningsAccumulatedLosses 2023-11-30 02264198 core:CurrentFinancialInstruments 2023-11-30 02264198 2023-12-01 2024-11-30 02264198 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 02264198 bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 02264198 bus:Director1 2023-12-01 2024-11-30 02264198 bus:Director2 2023-12-01 2024-11-30 02264198 bus:Director3 2023-12-01 2024-11-30 02264198 bus:CompanySecretary1 2023-12-01 2024-11-30 02264198 bus:RegisteredOffice 2023-12-01 2024-11-30 02264198 bus:FRS102 2023-12-01 2024-11-30 02264198 bus:FilletedAccounts 2023-12-01 2024-11-30 02264198 2024-11-30 02264198 core:WithinOneYear 2024-11-30 02264198 core:ShareCapital 2024-11-30 02264198 core:RetainedEarningsAccumulatedLosses 2024-11-30 02264198 core:CurrentFinancialInstruments 2024-11-30 02264198 bus:Director1 2024-11-30 02264198 bus:Director2 2024-11-30 02264198 bus:Director3 2024-11-30 02264198 2023-11-30 02264198 bus:Director1 2023-11-30 02264198 bus:Director2 2023-11-30 02264198 bus:Director3 2023-11-30 iso4217:GBP xbrli:pure