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Company Registration No. 07244111 (England and Wales)
James Allison Accountants Ltd Unaudited accounts for the year ended 31 May 2025
James Allison Accountants Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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James Allison Accountants Ltd Company Information for the year ended 31 May 2025
Director
James Allison
Company Number
07244111 (England and Wales)
Registered Office
5 Mimosa Way Paignton Devon TQ4 7FE United Kingdom
Accountants
James Allison Accountants Ltd The Office 5 Mimosa Way Paignton Devon TQ4 7FE
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James Allison Accountants Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
629
1,266
Current assets
Debtors
2,524
1,651
Cash at bank and in hand
7,268
2,372
9,792
4,023
Creditors: amounts falling due within one year
(12,379)
(4,074)
Net current liabilities
(2,587)
(51)
Net (liabilities)/assets
(1,958)
1,215
Capital and reserves
Called up share capital
100
100
Profit and loss account
(2,058)
1,115
Shareholders' funds
(1,958)
1,215
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 7 December 2025 and were signed on its behalf by
James Allison Director Company Registration No. 07244111
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James Allison Accountants Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
James Allison Accountants Ltd is a private company, limited by shares, registered in England and Wales, registration number 07244111. The registered office is 5 Mimosa Way, Paignton, Devon, TQ4 7FE, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
4,145
Additions
650
At 31 May 2025
4,795
Depreciation
At 1 June 2024
2,879
Charge for the year
1,287
At 31 May 2025
4,166
Net book value
At 31 May 2025
629
At 31 May 2024
1,266
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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