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REGISTERED NUMBER: 04411376 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

J K T PROPERTY MANAGEMENT LTD

J K T PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04411376)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J K T PROPERTY MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: C J Hall





SECRETARY: C J Hall





REGISTERED OFFICE: 5a College Street
Sutton
Hull
East Yorkshire
HU7 4UE





REGISTERED NUMBER: 04411376 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

J K T PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04411376)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,294 1,578

CURRENT ASSETS
Debtors 5 39,690 42,535
Cash at bank 134,101 250,076
173,791 292,611
CREDITORS
Amounts falling due within one year 6 85,622 83,842
NET CURRENT ASSETS 88,169 208,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,463

210,347

CAPITAL AND RESERVES
Called up share capital 10 20
Capital redemption reserve 10 -
Retained earnings 89,443 210,327
SHAREHOLDERS' FUNDS 89,463 210,347

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2023 and were signed by:





C J Hall - Director


J K T PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04411376)

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

1. STATUTORY INFORMATION

J K T Property Management 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.

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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

J K T PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04411376)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 2,194 1,922 4,116
Additions - 478 478
Disposals (651 ) (959 ) (1,610 )
At 31 March 2023 1,543 1,441 2,984
DEPRECIATION
At 1 April 2022 1,761 777 2,538
Charge for year 81 123 204
Eliminated on disposal (622 ) (430 ) (1,052 )
At 31 March 2023 1,220 470 1,690
NET BOOK VALUE
At 31 March 2023 323 971 1,294
At 31 March 2022 433 1,145 1,578

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 36,786 33,400
Other debtors 2,904 9,135
39,690 42,535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,990 4,337
Taxation and social security 26,812 26,159
Other creditors 54,820 53,346
85,622 83,842