Company Registration No. 10719524 (England and Wales)
Jersey Developments Ltd
Unaudited accounts
for the year ended 30 April 2025
Jersey Developments Ltd
Unaudited accounts
Contents
Jersey Developments Ltd
Company Information
for the year ended 30 April 2025
Directors
Mr D Willmott
Mr T Kelly
Company Number
10719524 (England and Wales)
Registered Office
12a Manor Walk
Thornbury
Bristol
BS35 1SW
England
Accountants
Bergsmith Accountancy Services Ltd
31 King Harold's View
Portskewett
Caldicot
NP26 5RS
Jersey Developments Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
16,797
21,392
Inventories
302,217
604,434
Cash at bank and in hand
23,008
23,431
Creditors: amounts falling due within one year
(293,043)
(598,380)
Net current assets
32,464
31,901
Total assets less current liabilities
49,261
53,293
Creditors: amounts falling due after more than one year
(2,500)
(12,500)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
43,568
40,791
Shareholders' funds
43,570
40,793
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by
Mr D Willmott
Director
Company Registration No. 10719524
Jersey Developments Ltd
Notes to the Accounts
for the year ended 30 April 2025
Jersey Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10719524. The registered office is 12a Manor Walk, Thornbury, Bristol, BS35 1SW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% reducing balance
Computer equipment
25% straight line
Inventories/work in progress
Work in progress has been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Jersey Developments Ltd
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
4,055
46,232
407
50,694
At 30 April 2025
5,442
46,232
407
52,081
At 1 May 2024
2,472
26,728
102
29,302
Charge for the year
1,004
4,876
102
5,982
At 30 April 2025
3,476
31,604
204
35,284
At 30 April 2025
1,966
14,628
203
16,797
At 30 April 2024
1,583
19,504
305
21,392
Work in progress
302,217
604,434
Work in progress includes build costs for 1 new build property, which, at point the sale will be recognised for tax purposes.
Amounts falling due within one year
Accrued income and prepayments
282
872
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
19,786
331,608
Taxes and social security
297
(2,568)
Loans from directors
271,858
264,176
8
Creditors: amounts falling due after more than one year
2025
2024
Bounce back loan repayments ending July 2026.
Jersey Developments Ltd
Notes to the Accounts
for the year ended 30 April 2025
9
Deferred taxation
2025
2024
Accelerated capital allowances
3,191
-
Charged to the profit and loss account
3,191
-
Provision at end of year
3,191
-
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).