J & C Eagles LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11114960

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,000		13,500
Tangible Assets	5		5,622		7,496
Investment Properties	6		217,537		-
Investments	7		15,000		15,000

			250,159		35,996
CURRENT ASSETS
Debtors	8	1,084		847
Cash at bank and in hand		2,939		20,143

		4,023		20,990
Creditors: Amounts Falling Due Within One Year	9	(225,866 )		(22,421 )

NET CURRENT ASSETS (LIABILITIES)			(221,843 )		(1,431 )

TOTAL ASSETS LESS CURRENT LIABILITIES			28,316		34,565

NET ASSETS			28,316		34,565

CAPITAL AND RESERVES
Called up share capital	10		2		2
Revaluation reserve	11		6,000		6,000
Profit and Loss Account			22,314		28,563

SHAREHOLDERS' FUNDS			28,316		34,565

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J & C Eagles LTD

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J C Eagles

Director

24 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J & C Eagles LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11114960 . The registered office is Norbury Cottage, Sheepwash Farm, Fisherwick Road, Whittington, Lichfield, Staffordshire, WS14 9JN.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licenses are being amortised evenly over their estimated useful life of ten years.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Motor Vehicles

-25% on reducing balance

2.4. Investment Properties

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

2.5. Taxation

Taxation for the year comprises current tax. Tax is recognised in the profit and loss statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

2.6. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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J & C Eagles LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Private registration
	£
Cost
As at 1 January 2024	15,000

As at 31 December 2024	15,000

Amortisation
As at 1 January 2024	1,500
Provided during the period	1,500

As at 31 December 2024	3,000

Net Book Value
As at 31 December 2024	12,000

As at 1 January 2024	13,500

5. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 January 2024	9,995

As at 31 December 2024	9,995

Depreciation
As at 1 January 2024	2,499
Provided during the period	1,874

As at 31 December 2024	4,373

Net Book Value
As at 31 December 2024	5,622

As at 1 January 2024	7,496

6. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	-
Additions	217,537

As at 31 December 2024	217,537

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J & C Eagles LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Investments

	Unlisted
	£
Cost
As at 1 January 2024	15,000

As at 31 December 2024	15,000

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	15,000

As at 1 January 2024	15,000

8. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	1,084	847

9. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	1,290	1,230
Director's loan account	224,576	21,191

	225,866	22,421

10. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

11. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	6,000

As at 31 December 2024	6,000

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