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REGISTERED NUMBER: 08115664 (England and Wales)















JV PROPS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






JV PROPS LTD (REGISTERED NUMBER: 08115664)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JV PROPS LTD

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTOR: J S Vettese





REGISTERED OFFICE: 104 Southover
London
N12 7HD





REGISTERED NUMBER: 08115664 (England and Wales)





ACCOUNTANTS: Eric R Jenkins FCA
Chartered Accountants
104 Southover
London
N12 7HD

JV PROPS LTD (REGISTERED NUMBER: 08115664)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,413 4,399

CURRENT ASSETS
Debtors 5 14,230 1,800
Cash at bank 48,937 75,647
63,167 77,447
CREDITORS
Amounts falling due within one year 6 19,166 36,426
NET CURRENT ASSETS 44,001 41,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,414

45,420

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 55,413 45,419
SHAREHOLDERS' FUNDS 55,414 45,420

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

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

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 28 November 2023 and were signed by:





J S Vettese - Director


JV PROPS LTD (REGISTERED NUMBER: 08115664)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

JV Props Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery Equipment Totals
£    £    £   
COST
At 1 April 2022 6,487 10,551 17,038
Additions 10,819 - 10,819
At 31 March 2023 17,306 10,551 27,857
DEPRECIATION
At 1 April 2022 6,090 6,549 12,639
Charge for year 2,804 1,001 3,805
At 31 March 2023 8,894 7,550 16,444
NET BOOK VALUE
At 31 March 2023 8,412 3,001 11,413
At 31 March 2022 397 4,002 4,399

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 14,230 1,800

JV PROPS LTD (REGISTERED NUMBER: 08115664)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 2,728 1,906
Taxation and social security 15,179 23,453
Other creditors 1,259 11,067
19,166 36,426

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1