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REGISTERED NUMBER: 06459046 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

JAS PROPERTY DEVELOPMENT LTD

JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAS PROPERTY DEVELOPMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr A Deane





REGISTERED OFFICE: Flat 13
Building 46
Marlborough Road
Woolwich
London
SE18 6TA





REGISTERED NUMBER: 06459046 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)

BALANCE SHEET
31 MARCH 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 370 3,365
Investment property 5 5,000 5,000
5,370 8,365

CURRENT ASSETS
Debtors 6 285,230 277,345
Cash at bank 26,489 7,479
311,719 284,824
CREDITORS
Amounts falling due within one year 7 156,177 112,982
NET CURRENT ASSETS 155,542 171,842
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,912

180,207

CREDITORS
Amounts falling due after more than one year 8 32,000 34,022
NET ASSETS 128,912 146,185

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 128,812 146,085
SHAREHOLDERS' FUNDS 128,912 146,185

JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)

BALANCE SHEET - continued
31 MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2023 and were signed by:





Mr A Deane - Director


JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Jas Property Development 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 2,831 66 9,809 12,706
DEPRECIATION
At 1 April 2022 2,280 66 6,995 9,341
Charge for year 549 - 2,446 2,995
At 31 March 2023 2,829 66 9,441 12,336
NET BOOK VALUE
At 31 March 2023 2 - 368 370
At 31 March 2022 551 - 2,814 3,365

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 5,000
NET BOOK VALUE
At 31 March 2023 5,000
At 31 March 2022 5,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 806 8,518
Amounts owed by group undertakings 121,932 113,461
Other debtors 162,492 155,366
285,230 277,345

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 4,579 9,667
Other creditors 151,598 103,315
156,177 112,982

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
as restated
£    £   
Bank loans 32,000 34,022

JAS PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 06459046)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
as restated
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,496 -

9. RELATED PARTY DISCLOSURES

During the year the director made loans to the company. At the year end the company owed the director £149,700 (2022 - £99,815). The loans are interest free and repayable on demand.