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Registered number: 04259903
Jupiter Ventures Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
Prepared By:
R F Love & Company
Chartered Accountant
Holly House
21d Chudleigh Road
Exeter
Devon
EX2 8TS
Jupiter Ventures Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
DIRECTORS
Paul O'Brien
Angela O'Brien
SECRETARY
Angela O'Brien
REGISTERED OFFICE
Unit 5 Victoria Road
Bedminster
Bristol
BS3 4AN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04259903
ACCOUNTANTS
R F Love & Company
Chartered Accountant
Holly House
21d Chudleigh Road
Exeter
Devon
EX2 8TS
Jupiter Ventures Limited
ACCOUNTS
FOR THEYEARENDED30/11/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Jupiter Ventures Limited
BALANCE SHEET AT 30/11/2024
20242023
Notes££
FIXED ASSETS
Tangible assets347,56871,353
Investment Assets422
47,57071,355
CURRENT ASSETS
Stock3,067,2782,662,200
Debtors616,81511,371
Cash at bank and in hand12,70227,785
3,096,7952,701,356
CREDITORS: Amounts falling due within one year7157,32796,633
NET CURRENT ASSETS2,939,4682,604,723
TOTAL ASSETS LESS CURRENT LIABILITIES2,987,0382,676,078
CREDITORS: Amounts falling due after more than one year81,858,7351,516,940
PROVISIONS FOR LIABILITIES AND CHARGES99,03813,557
NET ASSETS1,119,2651,145,581
CAPITAL AND RESERVES
Called up share capital10100100
Revaluation reserve1e,11795,000795,000
Profit and loss account324,165350,481
SHAREHOLDERS' FUNDS1,119,2651,145,581
For the year ending 30/11/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/11/2025 and signed on their behalf by
.............................
Paul O'Brien
Director
Jupiter Ventures Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Commercial Vehicles 25%
Fixtures and Fittings 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1e. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 11).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
Jupiter Ventures Limited
2. EMPLOYEES
20242023
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsTotal
££££
Cost
At 01/12/202340,183296,1631,171337,517
At 30/11/202440,183296,1631,171337,517
Depreciation
At 01/12/202336,083228,9431,138266,164
For the year1,36722,4071123,785
At 30/11/202437,450251,3501,149289,949
Net Book Amounts
At 30/11/20242,73344,8132247,568
At 30/11/20234,10067,2203371,353
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/12/202322
At 30/11/202422
Amortisation
Net Book Amounts
At 30/11/202422
At 30/11/202322
Jupiter Ventures Limited
5. STOCK 20242023
££
Stock comprises:
Stock35,20035,200
Work in progress2,237,0781,832,000
Property revaluation795,000795,000
3,067,2782,662,200
6. DEBTORS 20242023
££
Amounts falling due within one year
VAT16,81511,371
16,81511,371
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax8,9938,994
Bank Loan15,56624,942
Credit card18,4639,273
Hire purchase25,99336,506
Trade creditors70,9663,418
Accruals17,34613,500
157,32796,633
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr1,528,0711,309,788
Long term creditor330,664207,152
1,858,7351,516,940
Jupiter Ventures Limited
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation9,03813,557
9,03813,557
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
11. REVALUATION RESERVE 20242023
££
Revaluation reserve795,000795,000
795,000795,000