Company Registration No. 11426387 (England and Wales)
JKS Properties Limited
Unaudited accounts
for the year ended 31 May 2023
JKS Properties Limited
Unaudited accounts
Contents
JKS Properties Limited
Company Information
for the year ended 31 May 2023
Directors
Joshua James Senior
Kerry Louise Senior
Company Number
11426387 (England and Wales)
Registered Office
24 Middleham Drive
Garforth
Leeds
LS25 2QA
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
JKS Properties Limited
Accountants' report
Accountants' report to the board of directors of JKS Properties Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
JKS Properties Limited for the year ended
31 May 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JKS Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JKS Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JKS Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JKS Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JKS Properties Limited. You consider that JKS Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JKS Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
29 August 2023
JKS Properties Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
96,030
89,849
Creditors: amounts falling due within one year
(27,800)
(27,472)
Net current assets
121,501
70,799
Called up share capital
2
2
Profit and loss account
121,838
71,955
Shareholders' funds
121,840
71,957
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2023 and were signed on its behalf by
Joshua James Senior
Director
Company Registration No. 11426387
JKS Properties Limited
Notes to the Accounts
for the year ended 31 May 2023
JKS Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11426387. The registered office is 24 Middleham Drive, Garforth, Leeds, LS25 2QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
1,455
1,073
2,528
At 31 May 2023
1,455
1,073
2,528
At 1 June 2022
631
739
1,370
Charge for the year
485
334
819
At 31 May 2023
1,116
1,073
2,189
At 31 May 2022
824
334
1,158
Amounts falling due within one year
Other debtors
53,271
8,304
JKS Properties Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
5,000
Taxes and social security
13,166
6,119
Other creditors
11,595
6,200
Loans from directors
2,274
9,388
7
Transactions with related parties
Included in current assets is a loan of £39,813 to a related company. The loan is interest-free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).