| Jacobs Properties Sales and Lettings Ltd |
| Registered number: |
03802447 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
6,300 |
|
|
7,280 |
|
| Current assets |
| Debtors |
4 |
|
1,012 |
|
|
2,029 |
| Cash at bank and in hand |
|
|
22,358 |
|
|
(60) |
|
|
|
23,370 |
|
|
1,969 |
|
| Creditors: amounts falling due within one year |
5 |
|
(20,023) |
|
|
(18,770) |
|
| Net current assets/(liabilities) |
|
|
|
3,347 |
|
|
(16,801) |
|
| Total assets less current liabilities |
|
|
|
9,647 |
|
|
(9,521) |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(11,207) |
|
|
(38,745) |
|
|
|
| Net liabilities |
|
|
|
(1,560) |
|
|
(48,266) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(1,562) |
|
|
(48,268) |
|
| Shareholder's funds |
|
|
|
(1,560) |
|
|
(48,266) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J G Coombs |
| Director |
| Approved by the board on 10 December 2025 |
|
| Jacobs Properties Sales and Lettings Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2024 |
20,800 |
|
At 31 March 2025 |
20,800 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2024 |
13,520 |
|
Provided during the year |
980 |
|
At 31 March 2025 |
14,500 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
6,300 |
|
At 31 March 2024 |
7,280 |
|
|
|
|
|
|
|
|
|
|
Intangibles are now being written off in equal annual instalments over the estimated economic life of 10 years. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
1,257 |
|
Other debtors |
1,012 |
|
772 |
|
|
|
|
|
|
1,012 |
|
2,029 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
10,000 |
|
Trade creditors |
400 |
|
727 |
|
Taxation and social security costs |
19,623 |
|
8,043 |
|
|
|
|
|
|
20,023 |
|
18,770 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
11,667 |
|
11,667 |
|
Director's current account |
|
(460) |
|
27,078 |
|
|
|
|
|
|
11,207 |
|
38,745 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Going concern basis |
|
The accounts have been prepared on a going concern basis. |
|
The company is currently in profit, the directors current account is not immediately repayable neither is the bank loan |
|
|
| 8 |
Other information |
|
|
This is a private company limited by shares under the joint control of Mr and Mrs Coombs and is incorporated in England. Its registered office is: |
|
Worting House |
|
Basingstoke |
|
RG23 8PY |