REGISTERED NUMBER: 11730784 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Jake Gregory Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J T Gregory

SECRETARY:

REGISTERED OFFICE:

21 Dudley Road

Feltham

United Kingdom

TW14 8EJ

REGISTERED NUMBER:

11730784 (England and Wales)

ACCOUNTANT:

Robert Thorne FCCA

Chartered Certified Accountant

The Annex

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

4

136,612

187,369

CURRENT ASSETS

Stocks

5

(248

)

(600

)

Debtors

6

136,211

265,891

Cash at bank and in hand

9,161

21,741

145,124

287,032

CREDITORS

Amounts falling due within one year

7

243,406

374,794

NET CURRENT LIABILITIES

(98,282

)

(87,762

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,330

99,607

CREDITORS

Amounts falling due after more than one year

8

25,368

79,247

NET ASSETS

12,962

20,360

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,862

20,260

12,962

20,360

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

J T Gregory - Director

1.	STATUTORY INFORMATION

Jake Gregory Ltd 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

Plant and

machinery

etc

£

COST

At 1 January 2024

347,567

Additions

20,030

At 31 December 2024

367,597

DEPRECIATION

At 1 January 2024

160,198

Charge for year

70,787

At 31 December 2024

230,985

NET BOOK VALUE

At 31 December 2024

136,612

At 31 December 2023

187,369

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

267,740

DEPRECIATION

At 1 January 2024

115,484

Charge for year

53,548

At 31 December 2024

169,032

NET BOOK VALUE

At 31 December 2024

98,708

At 31 December 2023

152,256

5.

STOCKS

31/12/24

31/12/23

£

£

Payments on account

(248

)

(600

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

120,365

263,891

Other debtors

15,846

2,000

136,211

265,891

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts

51,934

59,821

Trade creditors

169,967

263,375

Taxation and social security

6,544

37,505

Other creditors

14,961

14,093

243,406

374,794

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts

25,368

79,247