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Registered Number: 14311433
England and Wales

 

 

 

JOYOUS PROPERTIES INVESTMENTS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 22 August 2022

End date: 31 August 2023
Report to the directors on the preparation of the unaudited statutory accounts of Joyous Properties Investments Limited for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Joyous Properties Investments Limited for the year ended 31 August 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys 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/
This report is made solely to the Board of Directors of Joyous Properties Investments Limited, as a body, in accordance with the terms of our engagement letter dated 17 April 2024 Our work has been undertaken solely to prepare for your approval the accounts of Joyous Properties Investments Limited and state those matters that we have agreed to state to the Board of Directors of Joyous Properties Investments Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Joyous Properties Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Joyous Properties Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Joyous Properties Investments Limited. You consider that Joyous Properties Investments Limited is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Joyous Properties Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
JGTAX LLP
30 Churchill Place
Canary Wharf
London
E14 5RE
17 April 2024
1
 
 
Notes
 
2023
£
Fixed assets    
Tangible fixed assets 3 1,204,236 
1,204,236 
Current assets    
Debtors 1,365 
Cash at bank and in hand 16,534 
17,899 
Creditors: amount falling due within one year (5,624)
Net current assets 12,275 
 
Total assets less current liabilities 1,216,511 
Creditors: amount falling due after more than one year (1,209,089)
Net assets 7,422 
 

Capital and reserves
   
Called up share capital 4 100 
Profit and loss account 7,322 
Shareholder's funds 7,422 
 


For the period ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 17 April 2024 and were signed by:


-------------------------------
Ching Wah Joyce Cheung
Director
2
General Information
Joyous Properties Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14311433, registration address 27 Old Gloucester Street, , london, WC1N 3AX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0 Reducing Balance
Fixtures and Fittings 3 years Reducing Balance
2.

Average number of employees

Average number of employees during the period was 0.
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 22 August 2022    
Additions 1,198,680    7,493    1,206,173 
Disposals    
At 31 August 2023 1,198,680    7,493    1,206,173 
Depreciation
At 22 August 2022    
Charge for period   1,937    1,937 
On disposals    
At 31 August 2023   1,937    1,937 
Net book values
Closing balance as at 31 August 2023 1,198,680    5,556    1,204,236 
Opening balance as at 22 August 2022    


4.

Share Capital

Allotted, called up and fully paid
2023
£
100 Class A shares of £1.00 each 100 
100 

3