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REGISTERED NUMBER: 13010298 (England and Wales)















JLR INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023






JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JLR INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: J L Rigby





REGISTERED OFFICE: 48 Bradshawgate
Leigh
Lancashire
WN7 4LA





REGISTERED NUMBER: 13010298 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 173,692 120,000

CURRENT ASSETS
Debtors 5 650 -
Cash at bank 151,696 211,000
152,346 211,000
CREDITORS
Amounts falling due within one year 6 (304,155 ) (2,763 )
NET CURRENT (LIABILITIES)/ASSETS (151,809 ) 208,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,883

328,237

CREDITORS
Amounts falling due after more than one
year

7

-

(300,595

)

PROVISIONS FOR LIABILITIES (5,796 ) (5,796 )
NET ASSETS 16,087 21,846

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 17,339 -
Retained earnings (1,352 ) 21,746
16,087 21,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2023


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 16 January 2024 and were signed by:





J L Rigby - Director


JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

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


1. STATUTORY INFORMATION

JLR Investments Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13010298. The registered office is 48 Bradshawgate, Leigh, Lancashire, United Kingdom, WN7 4LA.

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 as modified by the revaluation of certain assets.

The director is satisfied that the company is a going concern and that the financial statements are correctly prepared on this basis.

Critical accounting estimates and judgements
In the application of the company's accounting policies, the director is required to make estimates and judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below.

Estimating the fair value of investment property is considered to be a key judgement.

Revenue
Revenue represents rental income receivable for the occupation of residential properties. Revenue is recognised as those services are provided to the occupants of the properties.

Investment property
Investment properties are recognised at purchase price which is deemed to be the fair value. Revaluation surpluses are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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 statement of financial position date.


JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 120,000
Additions 53,692
At 31 July 2023 173,692
NET BOOK VALUE
At 31 July 2023 173,692
At 31 July 2022 120,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2021 23,185
Cost 150,507
173,692

Investment properties have been valued by the director at an open market value as at the year end date.

JLR INVESTMENTS LIMITED (REGISTERED NUMBER: 13010298)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 650 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by related parties 302,595 -
Taxation and social security - 1,031
Other creditors 1,560 1,732
304,155 2,763

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to related parties - 300,595

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 July 2023, J Rigby had an overdrawn director's loan account balance of £100 (2022: £127 credit).

No advances for J Rigby were materially advanced (2022: none). The maximum overdrawn balance was £100 (2022: £NIL).

The balance is unsecured, interest free and repayable on demand.