James Alexander Enterprises Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08165186 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2023

for

James Alexander Enterprises Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

200,000

185,000

CURRENT ASSETS

Debtors

5

49,553

35,028

Cash at bank

1,563

44,842

51,116

79,870

CREDITORS

Amounts falling due within one year

6

(43,353

)

(50,501

)

NET CURRENT ASSETS

7,763

29,369

TOTAL ASSETS LESS CURRENT LIABILITIES

207,763

214,369

CREDITORS

Amounts falling due after more than one year

7

(138,003

)

(144,987

)

NET ASSETS

69,760

69,382

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

68,508

53,508

Retained earnings

1,152

15,774

SHAREHOLDERS' FUNDS

69,760

69,382

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 22 May 2024 and were signed by:

Mr A J Johnson - Director

1.	STATUTORY INFORMATION

James Alexander Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08165186

Registered office:

Suite S2.3 (Tower House)

Adelphi Mill, Grimshaw Lane

Bollington

Macclesfield

Cheshire

SK10 5JB

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2022

185,000

Revaluations

15,000

At 31 August 2023

200,000

NET BOOK VALUE

At 31 August 2023

200,000

At 31 August 2022

185,000

Fair value at 31 August 2023 is represented by:

£

Valuation in 2018

28,508

Valuation in 2020

15,000

Valuation in 2021

10,000

Cost

131,492

185,000

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

185,000

Revaluations

15,000

200,000

CLIENT SCREEN TOTAL

=

185,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.23

31.8.22

£

£

Amounts owed by associates

49,475

34,950

Other debtors

78

78

49,553

35,028

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.23

31.8.22

£

£

Bank loans and overdrafts

13,430

13,208

Taxation and social security

114

186

Other creditors

29,809

37,107

43,353

50,501

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.23

31.8.22

£

£

Bank loans

138,003

144,987

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years by installments

85,396

93,269

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.23

31.8.22

£

£

Bank loans

151,433

158,195

Loans are secured by way of a charge on the investment property.

9.

RESERVES

Fair

value

reserve

£

At 1 September 2022

53,508

Fair value revaluation

15,000

At 31 August 2023

68,508