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REGISTERED NUMBER: SC412148 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

J A M RESIDENTIAL LIMITED

J A M RESIDENTIAL LIMITED (REGISTERED NUMBER: SC412148)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


J A M RESIDENTIAL LIMITED (REGISTERED NUMBER: SC412148)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 690 920

CURRENT ASSETS
Debtors 5 12,800 15,800
Cash at bank 1,945 3,217
14,745 19,017
CREDITORS
Amounts falling due within one year 6 14,512 19,655
NET CURRENT ASSETS/(LIABILITIES) 233 (638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

923

282

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 803 162
SHAREHOLDERS' FUNDS 923 282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

J A M RESIDENTIAL LIMITED (REGISTERED NUMBER: SC412148)

BALANCE SHEET - continued
30 November 2023



The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





Mrs A McAllister - Director


J A M RESIDENTIAL LIMITED (REGISTERED NUMBER: SC412148)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

J A M Residential Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC412148

Registered office: 22 Backbrae Street
Kilsyth
Glasgow
G65 0NH

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 and revenue recognition
Turnover represents management and letting fees. Revenue is recognised when services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

J A M RESIDENTIAL LIMITED (REGISTERED NUMBER: SC412148)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022
and 30 November 2023 2,255
DEPRECIATION
At 1 December 2022 1,335
Charge for year 230
At 30 November 2023 1,565
NET BOOK VALUE
At 30 November 2023 690
At 30 November 2022 920

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 12,800 15,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 3,512 4,444
Social security and other taxes (738 ) (573 )
Other creditors 10,263 14,196
Accrued expenses 1,475 1,588
14,512 19,655

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A McAllister.