REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST APRIL 2023 TO 30TH SEPTEMBER 2023 |
FOR |
JEDI DEVELOPMENTS LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 7 |
Retained earnings |
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. |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2023 |
Revaluations | 1,250,000 |
At 30th September 2023 |
NET BOOK VALUE |
At 30th September 2023 |
At 31st March 2023 |
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 |
Other debtors |
Directors' loan accounts | 189,000 | 83,000 |
Tax |
Prepayments and accrued income |
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 |
Tax |
Deferred income |
Accrued expenses |
7. | RESERVES |
Revaluation |
reserve |
£ |
At 1st April 2023 |
Revaluation of investment property |
At 30th September 2023 |