REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
for |
JM Property 4 Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
for |
JM Property 4 Limited |
JM Property 4 Limited (Registered number: 08141272) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
JM Property 4 Limited |
Company Information |
for the Year Ended 31 March 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Charnwood Street |
Derby |
Derbyshire |
DE1 2GY |
JM Property 4 Limited (Registered number: 08141272) |
Abridged Balance Sheet |
31 March 2023 |
2023 | 2022 |
£ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 |
JM Property 4 Limited (Registered number: 08141272) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
JM Property 4 Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis, the applicability of which dependent upon the continued support from group companies to pay any debts. |
Financial liabilities |
Short term creditors are measured at transaction price. Other financial liabilities, including loans from group companies are measured initially at fair value, net of transaction cost and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
Financial assets |
Short term debtors are measured at transaction price. Other financial liabilities, including loans to group companies are measured initially at fair value, net of transaction cost and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | CONTINGENT LIABILITIES |
There are fixed and floating charges over the company's assets. The company is part of an omnibus guarantee and set off agreement for securing all monies due or become due from certain group companies. |
5. | CONTROLLING PARTY |
The immediate parent company of JM Property 4 Limited is JMP Finance A Limited. The company's accounts are consolidated in the accounts of JMP Finance A Limited, a company incorporated in Malta with its registered office address at 93, Mill Street, Qormi, QRM 3102, Malta. |
The ultimate parent company of JMP Finance A Limited is MSS Millennial Property Rental Fund Limited, a company registered in the Cayman Islands, with its registered office address at Cayman Corporate Centre, 27 Hospital Road, George Town, KY1- 9008, Grand Cayman, Cayman Islands. |
There is no ultimate controlling party. |