REGISTERED NUMBER: 00702364 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Jeray (Sales) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Spencer

P R Spencer

J W Lowe

REGISTERED OFFICE:

Unit 5

Summerleys Road

Princes Risborough

Buckinghamshire

HP27 9PX

REGISTERED NUMBER:

00702364 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

3,542

1,793

Investments

5

510,542

517,785

514,084

519,578

CURRENT ASSETS

Debtors

6

753,442

708,328

Cash at bank

165,931

398,776

919,373

1,107,104

CREDITORS

Amounts falling due within one year

7

169,311

269,698

NET CURRENT ASSETS

750,062

837,406

TOTAL ASSETS LESS CURRENT LIABILITIES

1,264,146

1,356,984

PROVISIONS FOR LIABILITIES

4,552

3,742

NET ASSETS

1,259,594

1,353,242

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,259,494

1,353,142

SHAREHOLDERS' FUNDS

1,259,594

1,353,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

P R Spencer - Director

1.	STATUTORY INFORMATION

Jeray (Sales) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period, and also have been consistently applied within the same accounts.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings & equipment

-

20% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 January 2024

7,496

1,400

8,896

Additions

2,300

-

2,300

At 31 December 2024

9,796

1,400

11,196

DEPRECIATION

At 1 January 2024

6,652

451

7,103

Charge for year

361

190

551

At 31 December 2024

7,013

641

7,654

NET BOOK VALUE

At 31 December 2024

2,783

759

3,542

At 31 December 2023

844

949

1,793

5.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

5

517,780

517,785

Additions

-

351,392

351,392

Disposals

-

(352,559

)

(352,559

)

Revaluations

-

(4,037

)

(4,037

)

Reclassification/transfer

-

(2,039

)

(2,039

)

At 31 December 2024

5

510,537

510,542

NET BOOK VALUE

At 31 December 2024

5

510,537

510,542

At 31 December 2023

5

517,780

517,785

Cost or valuation at 31 December 2024 is represented by:

Interest

in

Other

associate

investments

Totals

£

£

£

Valuation in 2024

-

14,664

14,664

Cost

5

495,873

495,878

5

510,537

510,542

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

338,405

299,540

Other debtors

410,586

405,831

Tax

609

-

Prepayments and accrued income

3,842

2,957

753,442

708,328

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

13,611

5,999

Tax

-

5,056

Social security and other taxes

4,171

-

VAT

6,725

747

Amounts owed to connected company

25,337

155,847

Directors' current accounts

110,863

92,897

Accruals and deferred income

8,604

9,152

169,311

269,698

8.

RESERVES

The retained earnings of £1,259,494 (2023: £1,353,142) comprise of distributable reserves of £1,248,496 (2023: £1,339,104) and non-distributable reserves of £10,998 (2023:2:£14,308) which relate to investment revaluations less related deferred tax provision.