REGISTERED NUMBER: 09244604 (England and Wales)

JUNEFIELD ASSOCIATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

FIXED ASSETS

1,463

2,195

CURRENT ASSETS

957

95,970

PREPAYMENTS AND ACCRUED INCOME

1,464

786

CREDITORS

Amounts falling due within one year

(305,100

)

(313,081

)

NET CURRENT LIABILITIES

(302,679

)

(216,325

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(301,216

)

(214,130

)

ACCRUALS AND DEFERRED INCOME

(2,379,462

)

(1,244

)

NET LIABILITIES

(2,680,678

)

(215,374

)

CAPITAL AND RESERVES

(2,680,678

)

(215,374

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Junefield Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09244604

Registered office:

15 High Street

Brackley

Northamptonshire

NN13 7DH

The presentation currency of the financial statements is the Pound Sterling (£).

2.	CONTINGENT LIABILITY

Included within these financial statements is a provision for a potential claim against the company for compensation and awards relating to an overseas company.

Currently the potential liability is not registered within the UK courts and therefore no creditor exists. However, the potential liability has been recognised as a provision within these financial statements pending the possibility of UK registration.

3.	AVERAGE NUMBER OF EMPLOYEES

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

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr R P Coleman

Balance outstanding at start of year

68,867

(137

)

Amounts advanced

4,111

87,196

Amounts repaid

(11,721

)

(18,192

)

Amounts written off

(61,257

)

-

Amounts waived

-

-

Balance outstanding at end of year

-

68,867

During the year the board concluded that the recoverability of the loan to the original director Mr R Coleman is irrecoverable. As a result the director's loan balance of £61,257 was written off during the year.

5.	FOREIGN CURRENCY

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction. Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

Mrs A Coleman - Director