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REGISTERED NUMBER: 10355219 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

J & G Securities Limited

J & G Securities Limited (Registered number: 10355219)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J & G Securities Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: J A Galloway





REGISTERED OFFICE: 16 Norwood Road
Herne Hill
London
SE24 9BH





REGISTERED NUMBER: 10355219 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

J & G Securities Limited (Registered number: 10355219)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 149,354 149,354

CURRENT ASSETS
Debtors 6 1,448 541
Cash at bank 24,072 21,977
25,520 22,518
CREDITORS
Amounts falling due within one year 7 151,417 152,365
NET CURRENT LIABILITIES (125,897 ) (129,847 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,457

19,507

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 23,447 19,497
SHAREHOLDERS' FUNDS 23,457 19,507

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 15 April 2024 and were signed by:





J A Galloway - Director


J & G Securities Limited (Registered number: 10355219)

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

1. STATUTORY INFORMATION

J & G Securities Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover
Turnover represents rent receivable.

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4. EMPLOYEES AND DIRECTORS

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

J & G Securities Limited (Registered number: 10355219)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 149,354
NET BOOK VALUE
At 30 September 2023 149,354
At 30 September 2022 149,354

The investment property is valued annually by the director on an open market existing use basis. The director is of the opinion that the book value is not materially different to the open market value. The historical cost of the investment property amounts to £149,354.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 1,183 311
Other debtors 265 230
1,448 541

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security 927 1,888
Other creditors 150,490 150,477
151,417 152,365

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
10 Ordinary £1 10 10