JA Property Investment Holdings Ltd 13750657 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of buying and selling of own real estate. Digita Accounts Production Advanced 6.30.9574.0 true true 13750657 2022-12-01 2023-11-30 13750657 2023-11-30 13750657 core:CurrentFinancialInstruments 2023-11-30 13750657 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13750657 bus:SmallEntities 2022-12-01 2023-11-30 13750657 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13750657 bus:AbridgedAccounts 2022-12-01 2023-11-30 13750657 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13750657 bus:RegisteredOffice 2022-12-01 2023-11-30 13750657 bus:Director1 2022-12-01 2023-11-30 13750657 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13750657 countries:EnglandWales 2022-12-01 2023-11-30 13750657 2021-11-18 2022-11-30 13750657 2022-11-30 13750657 core:CurrentFinancialInstruments 2022-11-30 13750657 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 13750657

JA Property Investment Holdings Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 November 2023

 

JA Property Investment Holdings Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

JA Property Investment Holdings Ltd

Company Information

Director

Mr J D Rayen

Registered office

1st Floor
44 Worship Street
London
EC2A 2EA

Accountants

Tan Lam Partnership
Chartered Certified Accountants
1st Floor, 44 Worship Street
London
EC2A 2EA

 

JA Property Investment Holdings Ltd

(Registration number: 13750657)
Abridged Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Investment property

516,364

502,564

Current assets

 

Debtors

13,680

3,495

Cash at bank and in hand

 

2,762

1,339

 

16,442

4,834

Creditors: Amounts falling due within one year

(533,600)

(507,920)

Net current liabilities

 

(517,158)

(503,086)

Total assets less current liabilities

 

(794)

(522)

Accruals and deferred income

 

(2,280)

(1,140)

Net liabilities

 

(3,074)

(1,662)

Capital and reserves

 

Called up share capital

300

300

Retained earnings

(3,374)

(1,962)

Shareholders' deficit

 

(3,074)

(1,662)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 2 September 2024
 

.........................................
Mr J D Rayen
Director

 

JA Property Investment Holdings Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1st Floor
44 Worship Street
London
EC2A 2EA

These financial statements were authorised for issue by the director on 2 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

JA Property Investment Holdings Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).