Jancave Developments Limited,Ltd - AccountsLtd - Accounts

Jancave Developments Limited,Ltd - AccountsLtd - Accounts

JANCAVE DEVELOPMENTS LIMITED - Company Information

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2018-04-01 03331366 2019-03-31 03331366 2018-04-01 2019-03-31 03331366 2018-03-31 03331366 2017-04-01 2018-03-31 03331366 uk-core:WithinOneYear 2018-03-31 03331366 uk-core:WithinOneYear 2019-03-31 03331366 uk-core:AfterOneYear 2018-03-31 03331366 uk-core:AfterOneYear 2019-03-31 03331366 uk-core:ShareCapital 2019-03-31 03331366 uk-core:ShareCapital 2018-03-31 03331366 uk-core:RevaluationReserve 2019-03-31 03331366 uk-core:RevaluationReserve 2018-03-31 03331366 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 03331366 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 03331366 uk-bus:Director1 2018-04-01 2019-03-31 03331366 uk-core:FurnitureFittings 2018-04-01 2019-03-31 03331366 uk-core:WithinOneYear uk-core:Secured 2019-03-31 03331366 uk-core:WithinOneYear uk-core:Secured 2018-03-31 iso4217:GBP 03331366 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 03331366 uk-bus:FRS102 2018-04-01 2019-03-31 03331366 uk-bus:FullAccounts 2018-04-01 2019-03-31 03331366 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Jancave Developments Limited
Registered Number:03331366
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Jancave Developments Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 March 2019
Jancave Developments Limited
Statement of Financial Position
Registered Number :
03331366
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
1,630,000
1,630,000
2
1,630,000
1,630,000
Current assets
Inventories
-
10,000
3
Trade and other receivables
784,306
477,599
4
15,133
Cash and cash equivalents
7,764
495,363
799,439
Trade and other payables: amounts falling due within one
year
(342,463)
(334,226)
5
456,976
161,137
Net current assets
Total assets less current liabilities
1,791,137
2,086,976
Trade and other payables: amounts falling due after more
than one year
(613,057)
(294,005)
6
1,497,132
Net assets
1,473,919
Capital and reserves
Called up share capital
100
100
Revaluation reserve
910,356
910,356
7
Retained earnings
586,676
563,463
1,497,132
1,473,919
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Louis Viner Director
These financial statements were approved and authorised for issue by the Board on 15 October 2019 and were signed by:
1 of 4
4
For the year ended 31 March 2019
Jancave Developments Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 March 2019
Jancave Developments Limited
Notes to the Financial Statements
Statutory Information
Jancave Developments Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03331366.
Registered address:
Suite 7 North Wing
Walties Park House, Horseshow Hill
Upshire
Essex
EN9 3SL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 April 2018
1,630,000
At 31 March 2019
1,630,000
At 31 March 2019
Net book value
1,630,000
At 31 March 2018
1,630,000
3 of 4
6
For the year ended 31 March 2019
Jancave Developments Limited
Notes to the Financial Statements Continued
3. Inventories
2018
2019
£
£
Stocks
10,000
-
4. Trade and other receivables
2018
2019
£
£
Other debtors
477,599
784,306
The debtors above include the following amounts falling due after more than one year:
Other debtors
-
784,306
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Bank loans and overdraft (secured)
-
19,148
Taxation and social security
6,859
6,978
Other creditors
327,367
316,337
334,226
342,463
6. Trade and other payables: amounts falling due after more than one year
2018
2019
£
£
Bank loans and overdraft (secured)
-
278,477
Other creditors
294,005
334,580
294,005
613,057
7. Reserves
Total
£
Revaluation reserve at 01 April 2018
910,356
910,356
Revaluation reserve at 31 March 2019
4 of 4