REGISTERED NUMBER: 01287020 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

J.P.R. PROJECT PLANNING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Jones

M Jones

SECRETARY:

M Jones

REGISTERED OFFICE:

1&2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

REGISTERED NUMBER:

01287020 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1&2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

601,750

601,750

601,750

601,750

CURRENT ASSETS

Debtors

6

142,317

142,317

Cash at bank and in hand

1,822

4,799

144,139

147,116

CREDITORS

Amounts falling due within one year

7

17,568

19,409

NET CURRENT ASSETS

126,571

127,707

TOTAL ASSETS LESS CURRENT LIABILITIES

728,321

729,457

CREDITORS

Amounts falling due after more than one year

8

(174,000

)

(174,000

)

PROVISIONS FOR LIABILITIES

(13,030

)

(13,030

)

NET ASSETS

541,291

542,427

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

340,528

340,528

Retained earnings

200,663

201,799

541,291

542,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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 29 September 2023 and were signed on its behalf by:

M Jones - Director

1.	STATUTORY INFORMATION

J.p.r. Project Planning 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

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

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 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2021

and 30 November 2022

10,078

DEPRECIATION

At 1 December 2021

and 30 November 2022

10,078

NET BOOK VALUE

At 30 November 2022

-

At 30 November 2021

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2021

and 30 November 2022

601,750

NET BOOK VALUE

At 30 November 2022

601,750

At 30 November 2021

601,750

Fair value at 30 November 2022 is represented by:

£

Valuation in 2021

601,750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

142,317

142,317

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Corporation tax

-

2,715

Other creditors

1,157

1,155

Directors' current accounts

15,421

14,639

Accrued expenses

990

900

17,568

19,409

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans - 1-2 years

174,000

174,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2022

2021

£

£

Bank loans

174,000

174,000

The long term bank loan is secured by a charge over 7 Queen Victoria Road and 16 Warwick Street by Handlesbanken dated 26/04/2011 and by a debenture over the floating assets.

10.

RESERVES

Revaluation

reserve

£

At 1 December 2021

and 30 November 2022

340,528