Jane Wentworth Associates Ltd,Ltd - AccountsLtd - Accounts

Jane Wentworth Associates Ltd,Ltd - AccountsLtd - Accounts

JANE WENTWORTH ASSOCIATES LTD - Company Information

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2019-11-01 06980249 2020-12-31 06980249 2019-11-01 2020-12-31 06980249 2019-10-31 06980249 2018-11-01 2019-10-31 06980249 uk-core:WithinOneYear 2019-10-31 06980249 uk-core:WithinOneYear 2020-12-31 06980249 uk-core:AfterOneYear 2019-10-31 06980249 uk-core:AfterOneYear 2020-12-31 06980249 uk-core:ShareCapital 2020-12-31 06980249 uk-core:ShareCapital 2019-10-31 06980249 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 06980249 uk-core:RetainedEarningsAccumulatedLosses 2019-10-31 06980249 uk-bus:Director1 2019-11-01 2020-12-31 06980249 uk-core:NetGoodwill 2019-11-01 2020-12-31 06980249 uk-core:Buildings 2019-11-01 2020-12-31 06980249 uk-core:ComputerEquipment 2019-11-01 2020-12-31 06980249 uk-core:FurnitureFittings 2019-11-01 2020-12-31 06980249 uk-core:Goodwill 2019-10-31 06980249 uk-core:Goodwill 2020-12-31 iso4217:GBP xbrli:pure 06980249 uk-bus:AuditExemptWithAccountantsReport 2019-11-01 2020-12-31 06980249 uk-bus:FRS102 2019-11-01 2020-12-31 06980249 uk-bus:FullAccounts 2019-11-01 2020-12-31 06980249 uk-bus:PrivateLimitedCompanyLtd 2019-11-01 2020-12-31
Jane Wentworth Associates Ltd
Registered Number:06980249
For the period ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the period ended 31 December 2020
Jane Wentworth Associates Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06980249
As at 31 December 2020
Jane Wentworth Associates Ltd
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
2,158
517
3
2,158
517
Current assets
Trade and other receivables
52,069
-
4
40,220
Cash and cash equivalents
97,178
97,178
92,289
Trade and other payables: amounts falling due within one
year
(13,398)
(9,271)
5
78,891
87,907
Net current assets
Total assets less current liabilities
90,065
79,408
Trade and other payables: amounts falling due after more
than one year
-
(37,312)
52,753
Net assets
79,408
Capital and reserves
Called up share capital
100
100
Retained earnings
52,653
79,308
52,753
79,408
Shareholders' funds
For the period ended 31 December 2020 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 period ended 31 December 2020 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.
Mrs Jane Wentworth Director
These financial statements were approved and authorised for issue by the Board on 01 June 2021 and were signed by:
The notes form part of these financial statements
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4
For the period ended 31 December 2020
Jane Wentworth Associates Ltd
Notes to the Financial Statements
Statutory Information
Jane Wentworth Associates Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06980249.
Registered address:
42 Huntingdon Street
London
N1 1BP
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Property, plant and equipment, 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:
Land and Buildings
20% Straight line
20% Straight line
Computer Equipment
15% Straight line
Furniture and Fittings
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
5
For the period ended 31 December 2020
Jane Wentworth Associates Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 November 2019
200,000
At 31 December 2020
200,000
Amortisation
At 01 November 2019
200,000
At 31 December 2020
200,000
Net book value
At 31 December 2020
-
At 31 October 2019
-
3. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 November 2019
1,291
2,415
Additions
At 31 December 2020
3,706
Provision for depreciation and impairment
At 01 November 2019
774
Charge for period
774
At 31 December 2020
1,548
At 31 December 2020
Net book value
2,158
At 31 October 2019
517
4. Trade and other receivables
2019
2020
£
£
Trade debtors
-
44,069
Other debtors
-
8,000
52,069
-
3 of 4
6
For the period ended 31 December 2020
Jane Wentworth Associates Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
807
-
Taxation and social security
3,077
8,011
Other creditors
5,387
5,387
9,271
13,398
6. Related party transactions
The company is controlled by the director who owns 100% of the called up share capital.
7. Average number of persons employed
During the year the average number of employees was 1 (2019 : 1)
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