Jancave Developments Limited,Ltd - AccountsLtd - Accounts

Jancave Developments Limited,Ltd - AccountsLtd - Accounts

JANCAVE DEVELOPMENTS LIMITED - Company Information

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2022-04-01 03331366 2023-03-31 03331366 2022-04-01 2023-03-31 03331366 2022-03-31 03331366 2021-04-01 2022-03-31 03331366 uk-core:WithinOneYear 2022-03-31 03331366 uk-core:WithinOneYear 2023-03-31 03331366 uk-core:ShareCapital 2023-03-31 03331366 uk-core:ShareCapital 2022-03-31 03331366 uk-core:RevaluationReserve 2023-03-31 03331366 uk-core:RevaluationReserve 2022-03-31 03331366 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 03331366 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 03331366 uk-bus:Director1 2022-04-01 2023-03-31 03331366 uk-core:FurnitureFittings 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure 03331366 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03331366 uk-bus:FRS102 2022-04-01 2023-03-31 03331366 uk-bus:FullAccounts 2022-04-01 2023-03-31 03331366 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Jancave Developments Limited
Registered Number:03331366
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Jancave Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03331366
As at 31 March 2023
Jancave Developments Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,630,000
1,630,000
2
1,630,000
1,630,000
Current assets
25,804
Cash and cash equivalents
32,416
32,416
25,804
Trade and other payables: amounts falling due within one
year
(120,027)
(134,347)
3
(94,223)
(101,931)
Net current liabilities
Total assets less current liabilities
1,528,069
1,535,777
1,528,069
Net assets
1,535,777
Capital and reserves
Called up share capital
100
100
Revaluation reserve
910,356
910,356
4
Retained earnings
617,613
625,321
1,528,069
1,535,777
Shareholders' funds
For the year ended 31 March 2023 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 2023 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 30 November 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2023
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 2022
1,630,000
At 31 March 2023
1,630,000
At 31 March 2023
Net book value
1,630,000
At 31 March 2022
1,630,000
2 of 3
5
For the year ended 31 March 2023
Jancave Developments Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
7,708
5,021
Other creditors
126,639
115,006
134,347
120,027
4. Reserves
Total
£
Revaluation reserve at 01 April 2022
910,356
910,356
Revaluation reserve at 31 March 2023
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3