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Registered number: 12267912
Jays Property Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Company Information
Director Mr Sukhwinder Singh
Company Number 12267912
Registered Office 349 Hiigh Street
Smethwick
West Midlands
B66 3PB
Accountants Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
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Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Jays Property Investments Limited For The Year Ended 31 October 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jays Property Investments Limited which comprise the Profit and Loss Account, the Balance Sheet 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/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Jays Property Investments Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Jays Property Investments Limited and state those matters that we have agreed to state to the director of Jays Property Investments Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jays Property Investments Limited and its director as a body for our work or for this report.
It is your duty to ensure that Jays Property Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Jays Property Investments Limited . You consider that Jays Property Investments Limited 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 accounts of Jays Property Investments Limited . 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 financial statements.
Signed
26 July 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
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Balance Sheet
Registered number: 12267912
2023 2022
£ £
Fixed assets 471,729 279,081
Current assets 42,240 10,562
Creditors: Amounts Falling Due Within One Year (314,200 ) (86,735 )
NET CURRENT LIABILITIES (271,960 ) (76,173 )
TOTAL ASSETS LESS CURRENT LIABILITIES 199,769 202,908
Creditors: Amounts Falling After More Than One Year (203,996 ) (202,775 )
Accruals and deferred income (840 ) (1,680 )
NET LIABILITIES (5,067 ) (1,547 )
CAPITAL AND RESERVES (5,067 ) (1,547 )

Notes

1. General Information
Jays Property Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12267912 . The registered office is 349 Hiigh Street, Smethwick, West Midlands, B66 3PB.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
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3. Secured Creditors
Of the creditors falling due after more than one year the following amounts are secured by a legal charge over the properties
2023 2022
£ £
Bank loans and overdrafts 203,996 202,775
4. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Sukhwinder Singh
Director
26 July 2024
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