Registered number
09810774
JNM Properties Limited
Report and Accounts
31 October 2023
JNM Properties Limited
Report to the directors on the preparation of the unaudited statutory accounts of JNM Properties Limited for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JNM Properties Limited for the year ended 31 October 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
Nottinghamshire
NG8 2BE
20 December 2023
JNM Properties Limited
Registered number: 09810774
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 650,225 650,225
Current assets
Debtors 4 2 2
Cash at bank and in hand 9,521 11,230
9,523 11,232
Creditors: amounts falling due within one year 5 (468,404) (466,929)
Net current liabilities (458,881) (455,697)
Total assets less current liabilities 191,344 194,528
Creditors: amounts falling due after more than one year 6 (156,933) (170,534)
Net assets 34,411 23,994
Capital and reserves
Called up share capital 2 2
Profit and loss account 34,409 23,992
Shareholders' funds 34,411 23,994
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Green
Director
Approved by the board on 20 December 2023
JNM Properties Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover for the year relates to rental income received.
Tangible fixed assets
Freeland land and buildings are stated at cost.
Freehold buildings 0% Straight line
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2022 650,225
At 31 October 2023 650,225
Depreciation
At 31 October 2023 -
Net book value
At 31 October 2023 650,225
At 31 October 2022 650,225
4 Debtors 2023 2022
£ £
Other debtors 2 2
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 8,764 8,764
Amounts owed to group undertakings and undertakings in which the company has a participating interest 458,000 458,000
Corporation tax 1,474 -
Other creditors 166 165
468,404 466,929
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 156,933 170,534
7 Loans 2023 2022
£ £
Creditors include:
Secured bank loans 156,933 170,534
The mortgages are secured on the assets to which they relate.
8 Other information
JNM Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
Daybrook House
2a Daybrook Street
Sherwood
Nottingham
NG5 2HD
JNM Properties Limited 09810774 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2022 N Green No description of principal activity 09810774 2021-11-01 2022-10-31 09810774 core:WithinOneYear 2022-10-31 09810774 core:AfterOneYear 2022-10-31 09810774 core:ShareCapital 2022-10-31 09810774 core:RetainedEarningsAccumulatedLosses 2022-10-31 09810774 2022-11-01 2023-10-31 09810774 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09810774 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 09810774 bus:Director40 2022-11-01 2023-10-31 09810774 countries:England 2022-11-01 2023-10-31 09810774 bus:FRS102 2022-11-01 2023-10-31 09810774 bus:FullAccounts 2022-11-01 2023-10-31 09810774 2023-10-31 09810774 core:WithinOneYear 2023-10-31 09810774 core:AfterOneYear 2023-10-31 09810774 core:ShareCapital 2023-10-31 09810774 core:RetainedEarningsAccumulatedLosses 2023-10-31 09810774 core:LandBuildings 2023-10-31 09810774 2022-10-31 09810774 core:LandBuildings 2022-10-31 iso4217:GBP xbrli:pure