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Company Registration No. 12614736 (England and Wales)
J.O. Property Group Ltd Unaudited accounts for the year ended 30 April 2022
J.O. Property Group Ltd Unaudited accounts Contents
Page
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J.O. Property Group Ltd Company Information for the year ended 30 April 2022
Directors
Joseph Clark Duggan Olivia Francesca Maher
Company Number
12614736 (England and Wales)
Registered Office
Office A220B, Block A, 25 Goodlass Road, Speke Liverpool Merseyside L24 9HJ England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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J.O. Property Group Ltd Accountants' report
Accountants' report to the board of directors of J.O. Property Group Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J.O. Property Group Ltd for the year ended 30 April 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of J.O. Property Group Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of J.O. Property Group Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J.O. Property Group Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that J.O. Property Group Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of J.O. Property Group Ltd. You consider that J.O. Property Group Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of J.O. Property Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 20 July 2022
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J.O. Property Group Ltd Statement of financial position as at 30 April 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,845 
- 
Current assets
Debtors
28,663 
8,437 
Cash at bank and in hand
18,956 
12,313 
47,619 
20,750 
Creditors: amounts falling due within one year
(51,060)
(25,260)
Net current liabilities
(3,441)
(4,510)
Net assets/(liabilities)
8,404 
(4,510)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
8,402 
(4,512)
Shareholders' funds
8,404 
(4,510)
For the year ending 30 April 2022 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2022 and were signed on its behalf by
Joseph Clark Duggan Director Company Registration No. 12614736
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J.O. Property Group Ltd Notes to the Accounts for the year ended 30 April 2022
1
Statutory information
J.O. Property Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12614736. The registered office is Office A220B, Block A,, 25 Goodlass Road, Speke, Liverpool, Merseyside, L24 9HJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2021
- 
- 
- 
Additions
16,242 
1,221 
17,463 
At 30 April 2022
16,242 
1,221 
17,463 
Depreciation
Charge for the year
5,414 
204 
5,618 
At 30 April 2022
5,414 
204 
5,618 
Net book value
At 30 April 2022
10,828 
1,017 
11,845 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other debtors
28,663 
8,437 
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J.O. Property Group Ltd Notes to the Accounts for the year ended 30 April 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
4,637 
- 
Other creditors
43,376 
17,425 
Loans from directors
2,187 
6,815 
Accruals
860 
1,020 
51,060 
25,260 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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