Registered Number:12341890 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Jong Property Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Jong Property Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
584,000
574,549
2
584,000
574,549
Trade and other receivables |
-
1,229
3
91,199
Cash and cash equivalents |
151,701
152,930
91,199
Trade and other payables: amounts falling due within one |
year |
(749,157)
(765,030)
4
(657,958)
(612,100)
Net current liabilities
Total assets less current liabilities |
(28,100)
(83,409)
(9,109)
(9,543)
Provisions for liabilities |
(37,209)
Net liabilities
(92,952)
100
100
(101,696)
(123,132)
5
64,387
30,080
(37,209)
(92,952)
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 13 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Jong Property Limited
Notes to the Financial Statements
Statutory Information
Jong Property Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 12341890. |
3 Sherman Walk
Greenwich
London
SE10 0YJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold property
Fixtures, fittings & equipment
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 revaluation reserve. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 March 2023
Jong Property Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Fixtures, |
fittings & |
equipment |
607,889
82,762
525,127
21,436
-
21,436
546,563
82,762
629,325
Provision for depreciation and impairment |
33,340
22,837
10,503
Charge for year
11,985
11,985
-
45,325
34,822
10,503
536,060
47,940
584,000
514,624
59,925
574,549
3. Trade and other receivables |
2022
2023
1,229
-
4. Trade and other payables: amounts falling due within one year |
2022
2023
9,174
2,278
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
744,002
741,409
Taxation and social security |
9,931
2,827
1,923
2,643
765,030
749,157
Revaluation reserve at 01 April 2022 |
(123,132)
Revaluation of fixed assets |
21,436
(101,696)
Revaluation reserve at 31 March 2023 |
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For the year ended 31 March 2023
Jong Property Limited
Notes to the Financial Statements Continued
6. Related party transactions |
The company has taken advantage of the exemption from disclosing transactions with other group companies.
7. Average number of persons employed |
During the year the average number of employees was 0
8. Parent-subsidiary relationship |
The ultimate parent undertaking, Blakeney Leigh Group Limited is incorporated in England and Wales No:13237019.The registered office and principle place of business is: 3 Sherman Walk, Greenwich, London, SE10 0YJ. |
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