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REGISTERED NUMBER: SC518665 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

J R F Property Services Ltd

J R F Property Services Ltd (Registered number: SC518665)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J R F Property Services Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J R Foster





REGISTERED OFFICE: 13-15 Morrningside Drive
Edinburgh
EH10 5LZ





REGISTERED NUMBER: SC518665 (Scotland)





ACCOUNTANTS: J S Accounting Services Limited
13-15 Morningside Drive
EDINBURGH
EH10 5LZ

J R F Property Services Ltd (Registered number: SC518665)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,335 25,413

CURRENT ASSETS
Debtors 5 87,888 32,951
Cash at bank 89,857 51,315
177,745 84,266
CREDITORS
Amounts falling due within one year 6 123,756 79,253
NET CURRENT ASSETS 53,989 5,013
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,324

30,426

CREDITORS
Amounts falling due after more than one
year

7

13,943

21,567
NET ASSETS 63,381 8,859

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 63,380 8,858
63,381 8,859

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

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

J R F Property Services Ltd (Registered number: SC518665)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





J R Foster - Director


J R F Property Services Ltd (Registered number: SC518665)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

J R F Property Services Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

J R F Property Services Ltd (Registered number: SC518665)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 41,522
Additions 745
At 31 October 2023 42,267
DEPRECIATION
At 1 November 2022 16,109
Charge for year 2,823
At 31 October 2023 18,932
NET BOOK VALUE
At 31 October 2023 23,335
At 31 October 2022 25,413

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 87,888 30,050
Other debtors - 2,901
87,888 32,951

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 7,880 7,880
Taxation and social security 109,081 65,373
Other creditors 6,795 6,000
123,756 79,253

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other creditors 13,943 21,567

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends of £53,826 (2022: £54,402) were paid to Mr Foster during the year.