Jane Hollowood Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04568802 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Jane Hollowood Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J North

SECRETARY:

R C North

REGISTERED OFFICE:

First Floor,

The Estate Office

The Green, Lewes Road

Ringmer

East Sussex

BN8 5QE

REGISTERED NUMBER:

04568802 (England and Wales)

ACCOUNTANTS:

Caburn Accountants Limited

Chartered Certified Accountants

First Floor,

The Estate Office

The Green, Lewes Road

Ringmer

East Sussex

BN8 5QE

FIXED ASSETS

Tangible assets

4

113,471

114,857

CURRENT ASSETS

Stocks

6,193

-

Debtors

5

3,493

4,500

Cash at bank

76,171

71,737

85,857

76,237

CREDITORS

Amounts falling due within one year

6

28,667

6,747

NET CURRENT ASSETS

57,190

69,490

TOTAL ASSETS LESS CURRENT LIABILITIES

170,661

184,347

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

170,660

184,346

SHAREHOLDERS' FUNDS

170,661

184,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 her 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 28 December 2023 and were signed by:

Mrs J North - Director

1.	STATUTORY INFORMATION

Jane Hollowood Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

land

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2022

and 31 March 2023

111,112

6,272

21,495

7,946

146,825

DEPRECIATION

At 1 April 2022

-

5,901

19,345

6,722

31,968

Charge for year

-

74

537

775

1,386

At 31 March 2023

-

5,975

19,882

7,497

33,354

NET BOOK VALUE

At 31 March 2023

111,112

297

1,613

449

113,471

At 31 March 2022

111,112

371

2,150

1,224

114,857

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

3,493

4,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Tax

1,966

1,210

Social security and other taxes

1,527

2,672

Directors' current accounts

22,219

3

Accrued expenses

2,955

2,862

28,667

6,747