REGISTERED NUMBER: 01901286 (England and Wales)

Julia Carpenter Developments Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A J M Carpenter

REGISTERED OFFICE:

7 Lynwood Court

Priestlands Place

Lymington

SO41 9GA

REGISTERED NUMBER:

01901286 (England and Wales)

Fixed assets

Investment property

4

146,831

166,912

Current assets

Debtors

5

237,195

328,562

Cash at bank

277,760

257,226

514,955

585,788

Creditors

Amounts falling due within one year

6

(1,760

)

(39,402

)

Net current assets

513,195

546,386

Total assets less current liabilities

660,026

713,298

Capital and reserves

Called up share capital

1,000

1,000

Revaluation reserve

25,700

45,781

Retained earnings

633,326

666,517

660,026

713,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 October 2025 and were signed by:

Mrs A J M Carpenter - Director

1.	STATEMENT OF COMPLIANCE

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.

2.	ACCOUNTING POLICIES

BASIS OF PREPARATION

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentational currency is pound sterling.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

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

TURNOVER

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

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

166,912

Revaluations

(20,081

)

At 31 January 2025

146,831

NET BOOK VALUE

At 31 January 2025

146,831

At 31 January 2024

166,912

Fair value at 31 January 2025 is represented by:

£

Valuation in 2017

386,257

Valuation in 2018

2,595

Valuation in 2019

(505

)

Valuation in 2020

(4,808

)

Valuation in 2021

6,860

Valuation in 2022

(6,063

)

Valuation in 2023

559

Valuation in 2024

(339,114

)

Valuation in 2025

(20,081

)

Cost

121,131

146,831

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

121,131

121,131

Investment properties were valued on an open market basis on 31 January 2025 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

106,740

106,740

Directors' current accounts

130,455

221,822

237,195

328,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax liability

(54

)

37,709

Accruals

1,814

1,693

1,760

39,402

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mrs J Whitting

Balance outstanding at start of year

221,822

390,726

Amounts repaid

(91,367

)

(168,904

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

130,455

221,822