Registration number:
Juno Investments Limited
for the Year Ended 31 March 2021
Juno Investments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Juno Investments Limited
Company Information
Director |
N W Wray |
Registered office |
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Juno Investments Limited
(Registration number: 07659145)
Balance Sheet as at 31 March 2021
Note |
2021 |
2020 |
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Fixed assets |
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Investments |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net (liabilities)/assets |
( |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
( |
( |
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Shareholder's funds |
( |
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For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The statement of income and the directors' report are not delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.
Approved and authorised for issue by the
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N W Wray
Director
Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021
General information |
The company is a private company limited by share capital incorporated in England. The registered office is shown on page 1.
The principal place of business is:
Flat 3
Grace Court
Totteridge Green
London
N20 8PY
England
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A Small Entities and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except where otherwise disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Going concern
The director believes that preparing the financial statements on a going concern basis is appropriate as its shareholder has confirmed financial support and therefore the company will be able to meet its liabilities as they fall due for the forseeable future, being a period of at least 12 months from the date on which these financial statements are approved.
Exemption from preparing group accounts
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A Small Entities may require the use of certain critical accounting estimates. It may also require the directors to exercise judgement in applying the accounting policies. |
In preparing these financial statements, the directors have had to make the following judgements: |
- Determine to what extent there are indicators of impairment of the company's investment in its subsidiary that is carried at cost. Factors taken into consideration in reaching such a decision include value of investments held by the subsidiary and knowledge as to the economic viability and expected future financial performance of the subsidiary. |
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021
Investment in subsidiary
Investment in the subsidiary is measured in the balance sheet at cost less any provision for impairment. Any impairment movements are included in the statement of income.
Cash and cash equivalents
Cash comprises cash in hand.
Financial instruments
Classification
Recognition and measurement
Employee information |
The average number of persons employed by the company (including the director) during the year, was
(2020 :
Investment in subsidiary |
2021 |
2020 |
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Carrying amount |
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£ |
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Cost |
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At 1 April 2020 |
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At 31 March 2021 |
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Impairment |
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Impairment in the year |
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At 31 March 2021 |
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Carrying amount |
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At 31 March 2021 |
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At 31 March 2020 |
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Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021
Details of the subsidiary are as follows:
Name |
Registered office |
Nature of capital |
Percentage of shares and voting rights held |
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2021 |
2020 |
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Belfry House
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Ordinary share capital |
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England |
The principal activity of Brendon Street Investments Limited, a company incorporated in England, is |
Creditors: amounts falling due within one year |
2021 |
2020 |
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Amounts owed to parent undertaking |
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Amounts owed to subsidiary undertaking |
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Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. |
£ |
No. |
£ |
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1,000 |
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1,000 |
Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021
Related party transactions |
Amounts owed to related parties
2021 |
Parent undertaking |
Subsidiary undertaking |
Total |
At start of year |
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At end of year |
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2020 |
Parent undertaking |
Subsidiary undertaking |
Total |
At start of year |
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At end of year |
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Terms of loans from related parties
Ultimate controlling party |
The company's parent undertaking is
The ultimate controlling party is