IRIS Accounts Production v24.1.0.578 12202289 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122022892022-08-31122022892023-08-31122022892022-09-012023-08-31122022892021-08-31122022892021-09-012022-08-31122022892022-08-3112202289ns15:EnglandWales2022-09-012023-08-3112202289ns14:PoundSterling2022-09-012023-08-3112202289ns10:Director12022-09-012023-08-3112202289ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3112202289ns10:SmallEntities2022-09-012023-08-3112202289ns10:AuditExemptWithAccountantsReport2022-09-012023-08-3112202289ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3112202289ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3112202289ns10:FullAccounts2022-09-012023-08-3112202289ns10:Director22022-09-012023-08-3112202289ns10:RegisteredOffice2022-09-012023-08-3112202289ns5:CurrentFinancialInstruments2023-08-3112202289ns5:CurrentFinancialInstruments2022-08-3112202289ns5:Non-currentFinancialInstruments2023-08-3112202289ns5:Non-currentFinancialInstruments2022-08-3112202289ns5:ShareCapital2023-08-3112202289ns5:ShareCapital2022-08-3112202289ns5:RetainedEarningsAccumulatedLosses2023-08-3112202289ns5:RetainedEarningsAccumulatedLosses2022-08-3112202289ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3112202289ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3112202289ns5:Secured2023-08-3112202289ns5:Secured2022-08-31
REGISTERED NUMBER: 12202289 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

JEB UK PROPERTY LTD

JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


JEB UK PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: J R Shackleton
J K Shackleton





REGISTERED OFFICE: Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY





REGISTERED NUMBER: 12202289 (England and Wales)





ACCOUNTANTS: Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JEB UK PROPERTY LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JEB UK Property Ltd for the year ended 31 August 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's 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://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of JEB UK Property Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JEB UK Property Ltd and state those matters that we have agreed to state to the Board of Directors of JEB UK Property Ltd, 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 the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JEB UK Property Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JEB UK Property Ltd. You consider that JEB UK Property Ltd 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 financial statements of JEB UK Property Ltd. 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 financial statements.






Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY


14 December 2023

JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 386,308 386,308

CURRENT ASSETS
Debtors 5 3,077 2,747
Cash at bank and in hand 12,737 18,747
15,814 21,494
CREDITORS
Amounts falling due within one year 6 227,231 241,043
NET CURRENT LIABILITIES (211,417 ) (219,549 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,891

166,759

CREDITORS
Amounts falling due after more than one
year

7

118,091

126,992
NET ASSETS 56,800 39,767

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 56,798 39,765
56,800 39,767

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

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

JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 December 2023 and were signed on its behalf by:





J R Shackleton - Director


JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

JEB UK Property 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 386,308
NET BOOK VALUE
At 31 August 2023 386,308
At 31 August 2022 386,308

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,077 2,747

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,907 8,525
Trade creditors 1,056 506
Amounts owed to connected companies 110,286 124,438
Taxation and social security 5,203 5,335
Other creditors 101,779 102,239
227,231 241,043

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 118,091 126,992

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 78,317 88,912

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 126,998 135,517

Bank loans are secured by a fixed and floating charge over the assets of the company.

JEB UK PROPERTY LTD (REGISTERED NUMBER: 12202289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


9. RELATED PARTY DISCLOSURES

At 31 August 2023, an amount of £100,000 (2022 - £100,000) was due to J K Shackleton, director of the company. The loan is interest free and repayable on demand.