Jo-Ann's Court Limited
Jo-Ann's Court Limited
Registered number: 03222597
Unaudited Financial Statements
For The Year Ended
31 December 2021
Kent Coast Accounts Ltd
39 Brooke Avenue
Margate
Kent
CT9 5NG
Jo-Ann's Court Limited
Unaudited Financial Statements
For The Year Ended
31 December 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2—3 |
Page 1
Jo-Ann's Court Limited
Balance Sheet
As at
31 December 2021
Balance Sheet
Registered number:
03222597
For the year ending 31 December 2021 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 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.
| 2021 | 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| SHAREHOLDERS' FUNDS | 9 | 9 | |||
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Jo-Ann's Court Limited
Notes to the Financial Statements
For The Year Ended
31 December 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company is not a trading company and exists solely for the collection of service charges for the upkeep and maintenance of the freehold building.
1.3.
Turnover
Turnover comprises the collection of service charges for the upkeep and maintenance of the freehold building.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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1.5.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2021 | 2020 | ||
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| Office and administration |
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3.
Tangible Assets
| Land & Property | |
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| Freehold | |
| £ | |
| Cost | |
| As at
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| As at
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| Net Book Value | |
| As at
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4.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Sinking funds s42a | 6,256 | 4,753 | |
| Freehold loan |
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Sinking Fund s42a represents the monies held in trust in client account £5,898.00 less the fully paid up shares of £9.00 = £5,889.00
Page 2
Page 3
Jo-Ann's Court Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2021
5.
Share Capital
| 2021 | 2020 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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| Value | Number | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
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9 | 9 | |
6.
Controlling Party
The company knows or has reasonable cause to believe that there is no registrable person or registrable relevant legal entity in relation to the company
7.
General Information
Jo-Ann's Court Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
03222597
. The registered office is C/O Henderson Setterfield, 133 High Street, Broadstairs, Kent, CT10 1NG.
Page 3