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REGISTERED NUMBER: 10928691 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2022

FOR

J M SELECT PROPERTIES LIMITED

J M SELECT PROPERTIES LIMITED (REGISTERED NUMBER: 10928691)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


J M SELECT PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2022







DIRECTOR: J Manderson





REGISTERED OFFICE: 4 Stonecroft Mews
Holywell Lane
Stainton
Rotherham
S66 7AF





REGISTERED NUMBER: 10928691 (England and Wales)





ACCOUNTANTS: Bryan Grey & Co
Broadfield House
18 Broadfield Road
Sheffield
S8 0XJ

J M SELECT PROPERTIES LIMITED (REGISTERED NUMBER: 10928691)

ABRIDGED BALANCE SHEET
31ST AUGUST 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 458,000 260,370

CURRENT ASSETS
Debtors 131 131
Cash at bank 1,375 109,713
1,506 109,844
CREDITORS
Amounts falling due within one year 3,208 2,689
NET CURRENT (LIABILITIES)/ASSETS (1,702 ) 107,155
TOTAL ASSETS LESS CURRENT
LIABILITIES

456,298

367,525

CREDITORS
Amounts falling due after more than one
year

(349,796

)

(323,407

)

PROVISIONS FOR LIABILITIES (13,978 ) (3,848 )
NET ASSETS 92,524 40,270

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 92,523 40,269
92,524 40,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2022 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.

J M SELECT PROPERTIES LIMITED (REGISTERED NUMBER: 10928691)

ABRIDGED BALANCE SHEET - continued
31ST AUGUST 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st August 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13th September 2022 and were signed by:





J Manderson - Director


J M SELECT PROPERTIES LIMITED (REGISTERED NUMBER: 10928691)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2022

1. STATUTORY INFORMATION

J M Select Properties Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st September 2021 260,370
Additions 144,313
Revaluations 53,317
At 31st August 2022 458,000
NET BOOK VALUE
At 31st August 2022 458,000
At 31st August 2021 260,370

Fair value at 31st August 2022 is represented by:
£   
Valuation in 2021 20,252
Valuation in 2022 53,317
Cost 384,431
458,000

If investment property had not been revalued it would have been included at the following historical cost:

2022 2021
£    £   
Cost 384,431 240,118

Investment property was valued on an open market basis on 31st August 2022 by the Director .