| Joseph Clark & Sons (Soho) Limited |
| Registered number: |
00218461 |
| Balance Sheet |
| as at 24 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,235,000 |
|
|
1,235,000 |
| Investments |
4 |
|
|
26,760 |
|
|
26,760 |
|
|
|
|
1,261,760 |
|
|
1,261,760 |
|
| Current assets |
| Debtors |
5 |
|
971,449 |
|
|
930,240 |
| Cash at bank and in hand |
|
|
385,232 |
|
|
397,041 |
|
|
|
1,356,681 |
|
|
1,327,281 |
|
| Creditors: amounts falling due within one year |
6 |
|
(1,188,086) |
|
|
(1,201,256) |
|
| Net current assets |
|
|
|
168,595 |
|
|
126,025 |
|
| Total assets less current liabilities |
|
|
|
1,430,355 |
|
|
1,387,785 |
|
|
| Provisions for liabilities |
7 |
|
|
(133,000) |
|
|
(133,000) |
|
|
| Net assets |
|
|
|
1,297,355 |
|
|
1,254,785 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
18,000 |
|
|
18,000 |
| Investment property fair value reserve |
8 |
|
|
1,035,072 |
|
|
1,035,072 |
| Profit and loss account |
|
|
|
244,283 |
|
|
201,713 |
|
| Shareholder's funds |
|
|
|
1,297,355 |
|
|
1,254,785 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M.S.Wilford |
| Director |
| Approved by the board on 18 September 2025 |
|
| Joseph Clark & Sons (Soho) Limited |
| Notes to the Accounts |
| for the year ended 24 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value of rents and service charges receivable net of value added tax. |
|
Investment properties |
|
Investment Properties have been measured at fair value at the reporting date with changes in fair value recognised in the Investment property fair value reserve, being part of shareholders funds. The investment property fair value was determined by the directors by reference to reports procured from an independent, qualified valuer who uses current market prices for comparable properties, adjusted for any differences in nature, location and condition. Director's believe that there has been no change in value of these investment properties since the last revaluation. |
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Deferred Taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost or Fair value |
|
At 25 December 2023 |
1,235,000 |
|
At 24 December 2024 |
1,235,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 24 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 24 December 2024 |
1,235,000 |
|
At 24 December 2023 |
1,235,000 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2024 |
|
2023 |
| £ |
£ |
|
Historical cost |
66,928 |
|
66,928 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
66,928 |
|
66,928 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 25 December 2023 |
26,760 |
|
|
At 24 December 2024 |
26,760 |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Other debtors |
971,449 |
|
930,240 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Taxation and social security costs |
21,451 |
|
27,034 |
|
Other creditors |
1,166,635 |
|
1,174,222 |
|
|
|
|
|
|
1,188,086 |
|
1,201,256 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Provisions for liabilities |
|
|
|
|
2024 |
|
2023 |
| £ |
£ |
|
Deferred taxation |
|
Brought forward |
|
|
|
|
133,000 |
|
133,000 |
|
Arising in the year |
|
|
|
|
- |
|
- |
|
|
At 24 December 2024 |
133,000 |
|
133,000 |
|
|
|
|
|
|
|
|
|
|
|
| 8 |
Investment property fair value reserve |
2024 |
|
2023 |
| £ |
£ |
|
|
At 25 December 2023 |
1,035,072 |
|
1,035,072 |
|
|
At 24 December 2024 |
1,035,072 |
|
1,035,072 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Joseph Clark & Sons (Soho) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
15 Lower Ground Floor |
|
65 London Wall |
|
London |
|
EC2M 5TU |