James Alexander Enterprises Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08165186 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2018

for

James Alexander Enterprises Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

160,000

131,492

CURRENT ASSETS

Debtors

5

32,211

15,169

Cash at bank

55,576

26,526

87,787

41,695

CREDITORS

Amounts falling due within one year

6

(4,696

)

(2,025

)

NET CURRENT ASSETS

83,091

39,670

TOTAL ASSETS LESS CURRENT LIABILITIES

243,091

171,162

CREDITORS

Amounts falling due after more than one year

7

(117,330

)

-

NET ASSETS

125,761

171,162

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

22,807

-

Retained earnings

102,854

171,062

SHAREHOLDERS' FUNDS

125,761

171,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30 May 2019 and were signed by:

Mr A J Johnson - Director

1.	STATUTORY INFORMATION

James Alexander Enterprises Ltd 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:

08165186

Registered office:

Fernbank House

Springwood Way

Tytherington Business Park

Macclesfield

Cheshire

SK10 2XA

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2017

131,492

Revaluations

28,508

At 31 August 2018

160,000

NET BOOK VALUE

At 31 August 2018

160,000

At 31 August 2017

131,492

Fair value at 31 August 2018 is represented by:

£

Valuation in 2018

28,508

Cost

131,492

160,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Amounts owed by associates

31,750

14,750

Other debtors

461

419

32,211

15,169

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Bank loans and overdrafts

2,191

-

Other creditors

2,505

2,025

4,696

2,025

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.18

31.8.17

£

£

Bank loans

117,330

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years by installments

106,344

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.18

31.8.17

£

£

Bank loans

119,521

-

Loans are secured by way of a charge on the investment property.

9.

RESERVES

Fair

value

reserve

£

Fair value revaluation

22,807

At 31 August 2018

22,807