Registered number
06512678
Jamesrange (UK) Ltd
Report and Accounts
31 December 2017
Jamesrange (UK) Ltd
Company Information
Director
Carl Buchalet Cirilli
Secretary
Amedia Ltd
Accountants
Amedia Accountant and Auditors Ltd
Carlyle House 235-237 Vauxhall Bridge Road
Lower Ground Floor,
London
United Kingdom
SW1V 1EJ
Registered office
9 Mansfield Street
London
W1G9NY
Registered number
06512678
Jamesrange (UK) Ltd
Registered number: 06512678
Director's Report
The director presents his report and accounts for the year ended 31 December 2017.
Principal activities
The company's principal activity during the year continued to be Real estate agencies.
Directors
The following persons served as directors during the year:
Carl Buchalet Cirilli
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 8 November 2018 and signed on its behalf.
Carl Buchalet Cirilli
Director
Jamesrange (UK) Ltd
Accountants' Report
Accountants' report to the director of
Jamesrange (UK) Ltd
You consider that the company is exempt from an audit for the year ended 31 December 2017. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Amedia Accountant and Auditors Ltd
Accountants
Carlyle House 235-237 Vauxhall Bridge Road
Lower Ground Floor,
London
United Kingdom
SW1V 1EJ
8 November 2018
Jamesrange (UK) Ltd
Profit and Loss Account
for the year ended 31 December 2017
2017 2016
Turnover 12,133 9,167
Administrative expenses (148,292) (15,518)
loss (136,159) (6,351)
Interest payable (1,432,419) (32,280)
Loss before taxation (1,568,578) (38,631)
loss - -
Loss for the financial year (1,568,578) (38,631)
Jamesrange (UK) Ltd
Registered number: 06512678
Balance Sheet
as at 31 December 2017
Notes 2017 2016
Fixed assets
Tangible assets 2 1,500,000 583,379
Current assets
Debtors 3 2,297 297
Cash at bank and in hand 17,999 6,886
20,296 7,183
Creditors: amounts falling due within one year 4 (359,566) (235,369)
liabilities (339,270) (228,186)
Total assets less current liabilities 1,160,730 355,193
Creditors: amounts falling due after more than one year 5 (2,912,115) (538,000)
liabilities (1,751,385) (182,807)
Capital and reserves
Called up share capital 1,345 1,345
Profit and loss account (1,752,730) (184,152)
Shareholders' funds (1,751,385) (182,807)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Carl Buchalet Cirilli
Director
Approved by the board on 8 November 2018
Jamesrange (UK) Ltd
Statement of Changes in Equity
for the year ended 31 December 2017
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
At 1 January 2016 1,345 - - (145,521) (144,176)
Loss for the financial year (38,631) (38,631)
At 31 December 2016 1,345 - - (184,152) (182,807)
At 1 January 2017 1,345 - - (184,152) (182,807)
Loss for the financial year (1,568,578) (1,568,578)
At 31 December 2017 1,345 - - (1,752,730) (1,751,385)
Jamesrange (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2017
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land
As stated in French Official Notarial Public Deed, dated 28 Mai 2008, relating to a Merger between JameRange ltd and the new entity JamesRange UK ltd. The full document gives an extract of the Official French Property Register, the estimated value of the land held and the value of the mortgages and interest.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Tangible fixed assets
Land and buildings
Cost
At 1 January 2017 583,379
Surplus on revaluation 916,621
At 31 December 2017 1,500,000
Depreciation
At 31 December 2017 -
Net book value
At 31 December 2017 1,500,000
At 31 December 2016 583,379
3 Debtors 2017 2016
Director's Current Account 2,000 -
Other debtors 297 297
2,297 297
4 Creditors: amounts falling due within one year 2017 2016
Accruals 8,340 -
Other Creditors - Paulo Troiano 90,000 -
Other Creditors - Carl Buchalet 28,000 -
Other Creditors - Intexco Paris 6,500 -
Other Creditors - Arythma 1,920 -
Share Holder Loan Account 115,250 113,250
Other creditors 109,556 122,119
359,566 235,369
Other Creditors balance of €109,556 includes €100,889.33 for unknown other creditors and €8,666.67 for deferred income.

Shareholders loan of £115,250 is payable to Francis Louvard. For 2016, the loan can be classified as class E and class F for ease of reference. Class E Loan amounts to €65,100 and Class F loan amounts to €48,150.
5 Creditors: amounts falling due after one year 2017 2016
Accumulated Interest Payable 1,434,338 -
Other creditors - S A Dyne 1,477,777 538,000
2,912,115 538,000
6 Related party transactions
The director hereby notes that, following a change in accountants by the board, a general audit of previous years was conducted by the new accountants, and it was noted that the original property value of the land acquired in France and reflected on the balance sheet was wrongly recorded in previous year accounts. In the same way, the interest from the official debt/mortgages was also understated and did not reflect the reality of the sums due to the debtors/Mortgage holders.

The accountants have used the original merger documentation (French Official Notarial Public Deed, dated 28 Mai 2008, relating to a Merger by absorption between JameRange ltd and the new entity JamesRange UK ltd), where the government-recorded land and debt value is inscribed in the official French Land Registry, to determine the true original property cost and the real mortgage-interest figures.

Furthermore, as the land is located in France, and the land is already recorded at the true cost in the French Land Registry and the French accounting ledger that was generated by INTEXCO, the French Charted Accountants that were mandated by JamesRange UK ltd, the adjustments have no fiscal consequences for JamesRange UK ltd and corresponding adjustments have thus been made to the 2017 financial statements to reflect the real value of the balance sheet.
7 Other information
Jamesrange (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
9 Mansfield Street
London
W1G9NY
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