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REGISTERED NUMBER: 11893248 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST APRIL 2023 TO 30TH SEPTEMBER 2023

FOR

JEDI DEVELOPMENTS LIMITED

JEDI DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11893248)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JEDI DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST APRIL 2023 TO 30TH SEPTEMBER 2023







DIRECTOR: Mr K Graham





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 11893248 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

JEDI DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11893248)

BALANCE SHEET
30TH SEPTEMBER 2023

30.9.23 31.3.23
Notes £ £ £ £
FIXED ASSETS
Investment property 4 10,000,000 8,750,000

CURRENT ASSETS
Debtors 5 254,950 111,824
Cash at bank 231,816 170,443
486,766 282,267
CREDITORS
Amounts falling due within one year 6 191,847 103,213
NET CURRENT ASSETS 294,919 179,054
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,294,919

8,929,054

PROVISIONS FOR LIABILITIES 2,500,000 2,187,500
NET ASSETS 7,794,919 6,741,554

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 7 7,499,999 6,562,499
Retained earnings 294,918 179,053
7,794,919 6,741,554

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30th 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 1st May 2024 and were signed by:





Mr K Graham - Director


JEDI DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11893248)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

Jedi Developments 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.

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 as modified by the revaluation of certain assets.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1st April 2023 8,750,000
Revaluations 1,250,000
At 30th September 2023 10,000,000
NET BOOK VALUE
At 30th September 2023 10,000,000
At 31st March 2023 8,750,000

Fair value at 30th September 2023 is represented by:
£
Valuation in 2023 8,750,000
Valuation in 2023 1,250,000
10,000,000

If investment property had not been revalued it would have been included at the following historical cost:

30.9.23 31.3.23
£ £
Cost 1 1

Investment property was valued on an open market basis on 30th September 2023 by the director .

JEDI DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11893248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 30TH SEPTEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.23
£ £
Amounts owed by associates 250 250
Other debtors 1 1
Directors' loan accounts 189,000 83,000
Tax 63,788 28,013
Prepayments and accrued income 1,911 560
254,950 111,824

Included in Other Debtors is an amount of £189,000 (2022: £83,000) owed by the director. Interest accrues on the loan at the HMRC official rate (2%pa for 2023-24).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.23
£ £
Trade creditors - 888
Tax 158,039 75,642
Deferred income 28,959 25,783
Accrued expenses 4,849 900
191,847 103,213

7. RESERVES
Revaluation
reserve
£
At 1st April 2023 6,562,499
Revaluation of investment property 937,500

At 30th September 2023 7,499,999