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Company Registration No. 9169656 (England and Wales)
JJAM Properties Ltd Unaudited accounts for the year ended 31 August 2023
JJAM Properties Ltd Unaudited accounts Contents
Page
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JJAM Properties Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
171,302 
171,930 
Current assets
Debtors
15,431 
7,985 
Cash at bank and in hand
19,101 
24,082 
34,532 
32,067 
Creditors: amounts falling due within one year
(29,343)
(21,272)
Net current assets
5,189 
10,795 
Total assets less current liabilities
176,491 
182,725 
Creditors: amounts falling due after more than one year
(182,588)
(182,588)
Net (liabilities)/assets
(6,097)
137 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(6,197)
37 
Shareholders' funds
(6,097)
137 
For the year ending 31 August 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 27 March 2024 and were signed on its behalf by
JM Edge Director Company Registration No. 9169656
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JJAM Properties Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
JJAM Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 9169656. The registered office is Barnhills, Cymau, Flintshire, LL11 5EW.
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 represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
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.
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JJAM Properties Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
168,788 
18,374 
187,162 
At 31 August 2023
168,788 
18,374 
187,162 
Depreciation
At 1 September 2022
- 
15,232 
15,232 
Charge for the year
- 
628 
628 
At 31 August 2023
- 
15,860 
15,860 
Net book value
At 31 August 2023
168,788 
2,514 
171,302 
At 31 August 2022
168,788 
3,142 
171,930 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,431 
7,208 
Accrued income and prepayments
- 
777 
15,431 
7,985 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,207 
209 
Loans from directors
14,309 
14,131 
Accruals
640 
600 
Deferred income
13,187 
6,332 
29,343 
21,272 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
182,588 
182,588 
The company continues to trade with the goodwill of the directors who are the main creditors.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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