Company Registration No. 10596153 (England and Wales)
JKD PROPERTY LIMITED
Unaudited accounts
for the year ended 29 February 2024
JKD PROPERTY LIMITED
Unaudited accounts
Contents
JKD PROPERTY LIMITED
Company Information
for the year ended 29 February 2024
Directors
Mr James Darragh
Mrs Karyn Darragh
Company Number
10596153 (England and Wales)
Registered Office
Office 17
Regent House, 2 Regent Road
Lowestoft
SUFFOLK
NR32 1PA
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
JKD PROPERTY LIMITED
Statement of financial position
as at 29 February 2024
Investment property
2,438,473
2,438,473
Cash at bank and in hand
177,877
85,926
Creditors: amounts falling due within one year
(24,819)
(50,979)
Net current assets
153,058
44,947
Total assets less current liabilities
2,591,531
2,483,420
Creditors: amounts falling due after more than one year
(1,794,085)
(1,770,383)
Provisions for liabilities
Deferred tax
(71,506)
(71,506)
Net assets
725,940
641,531
Called up share capital
2
2
Revaluation reserve
668,050
668,050
Profit and loss account
57,888
(26,521)
Shareholders' funds
725,940
641,531
For the year ending 29 February 2024 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 26 March 2024 and were signed on its behalf by
Mr James Darragh
Director
Company Registration No. 10596153
JKD PROPERTY LIMITED
Notes to the Accounts
for the year ended 29 February 2024
JKD PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10596153. The registered office is Office 17, Regent House, 2 Regent Road, Lowestoft, SUFFOLK, NR32 1PA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2023
2,438,473
At 29 February 2024
2,438,473
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
25,914
Taxes and social security
24,819
19,455
Loans from directors
-
5,610
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,794,085
1,770,383
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
JKD PROPERTY LIMITED
Notes to the Accounts
for the year ended 29 February 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).