1 October 2022 false No description of principal activity Taxfiler 2023.10 13645612business:PrivateLimitedCompanyLtd2022-10-012023-09-30 136456122022-09-30 136456122022-10-012023-09-30 13645612business:AuditExemptWithAccountantsReport2022-10-012023-09-30 13645612business:FilletedAccounts2022-10-012023-09-30 136456122023-09-30 13645612business:Director12022-10-012023-09-30 13645612business:Director22022-10-012023-09-30 13645612business:RegisteredOffice2022-10-012023-09-30 136456122022-09-30 13645612core:WithinOneYear2023-09-30 13645612core:WithinOneYear2022-09-30 13645612core:AfterOneYear2023-09-30 13645612core:AfterOneYear2022-09-30 13645612core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 13645612core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 13645612core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-09-30 13645612core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2022-09-30 13645612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 13645612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 13645612core:PreviouslyStatedAmount2023-09-30 13645612core:PreviouslyStatedAmount2022-09-30 13645612business:SmallEntities2022-10-012023-09-30 13645612countries:EnglandWales2022-10-012023-09-30 13645612core:MoreThanFiveYears2023-09-30 13645612core:MoreThanFiveYears2022-09-30 13645612core:AfterOneYear2022-10-012023-09-30 136456122021-09-272022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 13645612 (England and Wales)
JACKSON PULLIN PROPERTIES LTD Unaudited accounts for the year ended 30 September 2023
JACKSON PULLIN PROPERTIES LTD Unaudited accounts Contents
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JACKSON PULLIN PROPERTIES LTD Company Information for the year ended 30 September 2023
Directors
Samuel Jackson Kia-Leanne Pullin
Company Number
13645612 (England and Wales)
Registered Office
7 LEGION VIEW PROVIDENCE LANE LONG ASHTON BRISTOL BS41 9FQ UNITED KINGDOM
Accountants
Space Advisory and Accountancy Limited 19 Malago Drive Bristol BS3 5DR
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JACKSON PULLIN PROPERTIES LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
510,000 
275,000 
Current assets
Cash at bank and in hand
6,364 
745 
Creditors: amounts falling due within one year
(136,489)
(72,984)
Net current liabilities
(130,125)
(72,239)
Total assets less current liabilities
379,875 
202,761 
Creditors: amounts falling due after more than one year
(319,280)
(168,931)
Provisions for liabilities
Deferred tax
(11,819)
(6,817)
Net assets
48,776 
27,013 
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
50,389 
29,064 
Profit and loss account
(1,615)
(2,053)
Shareholders' funds
48,776 
27,013 
For the year ending 30 September 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 15 November 2023 and were signed on its behalf by
Samuel Jackson Director Company Registration No. 13645612
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JACKSON PULLIN PROPERTIES LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
JACKSON PULLIN PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13645612. The registered office is 7 LEGION VIEW, PROVIDENCE LANE, LONG ASHTON, BRISTOL, BS41 9FQ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 1 October 2022
275,000 
Additions
208,672 
Net gain from fair value adjustments
26,328 
At 30 September 2023
510,000 
The Directors value the property as at 30 September 2023 at £510,000, which is based on a valuation from a professional advisor during the year for lending purposes.
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JACKSON PULLIN PROPERTIES LTD Notes to the Accounts for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
136,009 
72,504 
Accruals
480 
480 
136,489 
72,984 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
319,280 
168,931 
Aggregate of amounts that fall due for payment after five years
319,280 
168,931 
The loan is secured on the property included within Investment Properties
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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