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REGISTERED NUMBER: 09638028 (England and Wales)















JKB Property Ltd

Unaudited Financial Statements for the Year Ended 30 June 2023






JKB Property Ltd (Registered number: 09638028)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JKB Property Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: K Dhanani
J Shah
B Shah





REGISTERED OFFICE: 13 King Edward Road
Watford
HERTS
Hertfordshire
WD19 4DN





REGISTERED NUMBER: 09638028 (England and Wales)





ACCOUNTANTS: DSJ Partners (UK) Limited
2nd Floor
1 Bell Street
London
NW1 5BY

JKB Property Ltd (Registered number: 09638028)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 2,326 2,326

CREDITORS
Amounts falling due within one year 5 (2,326 ) (4,209 )
NET CURRENT LIABILITIES (2,326 ) (4,209 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

(1,883

)

RESERVES
Income and expenditure account - (1,883 )
MEMBERS' FUNDS - (1,883 )

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

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

The directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





K Dhanani - Director


JKB Property Ltd (Registered number: 09638028)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

JKB Property Ltd is a private company, limited by guarantee , 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.

Investment property
The company owns a freehold of a property. The leaseholders have been given 999 years of lease of the property. The company do not receive any ground rent. According to the directors, the open market value of the of the investment property is negligible.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Profit and loss account
The company has not traded during the financial year.

Status of the company
The company owns the freehold of the property 59-61 Handel Way. The expenses in relation to maintenance of the property are recharged to the long lease holders.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

JKB Property Ltd (Registered number: 09638028)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 2,326
NET BOOK VALUE
At 30 June 2023 2,326
At 30 June 2022 2,326

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,326 4,209

6. LIMITED BY GUARANTEE

The company is limited by gurantee of members and does not have any share capital. The liability of members is limited to £1.