REGISTERED NUMBER: 04512050 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Jayne Reese Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P R Nan-Kivell

SECRETARY:

MCA Registrars Limited

REGISTERED OFFICE:

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

REGISTERED NUMBER:

04512050 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,015

1,354

1,015

1,354

CURRENT ASSETS

Inventories

340,000

395,000

Debtors

6

2,607

13,282

Cash at bank

40,872

6,107

383,479

414,389

CREDITORS

Amounts falling due within one year

7

461,401

408,657

NET CURRENT (LIABILITIES)/ASSETS

(77,922

)

5,732

TOTAL ASSETS LESS CURRENT LIABILITIES

(76,907

)

7,086

CREDITORS

Amounts falling due after more than one year

8

(20,526

)

(25,255

)

PROVISIONS FOR LIABILITIES

(193

)

(257

)

NET LIABILITIES

(97,626

)

(18,426

)

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

(97,727

)

(18,527

)

SHAREHOLDERS' FUNDS

(97,626

)

(18,426

)

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

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

The director acknowledges his 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 22 May 2026 and were signed by:

P R Nan-Kivell - Director

1.	STATUTORY INFORMATION

Jayne Reese Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Goodwill

Goodwill is being written off in equal instalments over its estimated economic life of 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The Company has incurred recurring operating losses and has a net capital deficiency, however the major creditor of the company is the Director and shareholder who has committed to support the company until it returns to a positive position.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

25,000

AMORTISATION

At 1 September 2024

and 31 August 2025

25,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

2,868

12,323

15,191

DEPRECIATION

At 1 September 2024

2,868

10,969

13,837

Charge for year

-

339

339

At 31 August 2025

2,868

11,308

14,176

NET BOOK VALUE

At 31 August 2025

-

1,015

1,015

At 31 August 2024

-

1,354

1,354

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

104

10,825

Other debtors

2,503

2,457

2,607

13,282

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,998

5,071

Trade creditors

11,970

5,831

Taxation and social security

15,903

17,092

Other creditors

428,530

380,663

461,401

408,657

Included in other creditors are customer deposits amounting to £148,875 (2024: £113,904).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,526

25,255

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

The sole director, Mr P R Nan-Kivell, has given a personal guarantee to the company's bankers in respect of the loan and overdraft facilities. The bank also has a charge over a life policy in the name of the director.

10.	RELATED PARTY DISCLOSURES

Included within other creditors are loans made to the business of £40,580 (2024: £40,580) by connected parties.

Other creditors also includes amounts due to the director of £222,917 (2024: £218,806).

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P R Nan-Kivell.