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REGISTERED NUMBER: 09928003 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

JKS (2015) LTD

JKS (2015) LTD (REGISTERED NUMBER: 09928003)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JKS (2015) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







Directors: Mrs C Dawson
S J Taylor
H L Taylor
Mrs H J Taylor
J Simpson
Mrs K N Taylor
Mrs M C Manners
Mrs P Meakin
Ms R H Taylor
R J Manners
Mrs R A Barrat





Registered office: 95 St. George's Terrace
Newcastle Upon Tyne
NE2 2DN





Registered number: 09928003 (England and Wales)





Accountants: BHG LLP
Chartered Accountants
95 St. George's Terrace
Newcastle Upon Tyne
NE2 2DN

JKS (2015) LTD (REGISTERED NUMBER: 09928003)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Investments 4 5,300 5,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,300

5,300

CAPITAL AND RESERVES
Called up share capital 5,300 5,300
SHAREHOLDERS' FUNDS 5,300 5,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:




Mrs C Dawson - Director



S J Taylor - Director


JKS (2015) LTD (REGISTERED NUMBER: 09928003)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

JKS (2015) Ltd 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.

Investments in subsidiaries
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term
interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

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 NIL (2020 - NIL).

JKS (2015) LTD (REGISTERED NUMBER: 09928003)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 January 2021
and 31 December 2021 5,300
Net book value
At 31 December 2021 5,300
At 31 December 2020 5,300

The company's investments at the Balance Sheet date in the share capital of companies include the following:

J.Knapp & Sons Limited
Registered office: 95 St George's Terrace,Jesmond, Newcastle-Upon-Tyne, NE2 2DN
Nature of business: Property investment
%
Class of shares: holding
£1.00 Ordinary 100.00
31.12.21 31.12.20
£    £   
Aggregate capital and reserves 4,225,955 4,192,929
Profit for the year 64,826 349,816

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the shareholders.