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REGISTERED NUMBER: 09348689 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

JMD Kapow Ltd

JMD Kapow Ltd (Registered number: 09348689)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JMD Kapow Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J Dent





SECRETARY: Mrs R L Dent





REGISTERED OFFICE: 3 Lower Ox Heys
Norwood Green
Halifax
HX3 8QY





REGISTERED NUMBER: 09348689 (England and Wales)





ACCOUNTANTS: Search Accountancy Limited
The Junction
Charles Street
Horbury
Wakefield
West Yorkshire
WF4 5FH

JMD Kapow Ltd (Registered number: 09348689)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 29,010 205
Investments 5 55,080 100,105
Investment property 6 712,500 799,541
796,590 899,851

CURRENT ASSETS
Debtors 7 350,000 351,453
Cash at bank 4,268 22,218
354,268 373,671
CREDITORS
Amounts falling due within one year 8 584,031 509,292
NET CURRENT LIABILITIES (229,763 ) (135,621 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,827

764,230

CREDITORS
Amounts falling due after more than one
year

9

1,026,863

1,066,880
NET LIABILITIES (460,036 ) (302,650 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (460,136 ) (302,750 )
(460,036 ) (302,650 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

JMD Kapow Ltd (Registered number: 09348689)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings 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 Dent - Director


JMD Kapow Ltd (Registered number: 09348689)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

JMD Kapow Ltd 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
Revenue 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

JMD Kapow Ltd (Registered number: 09348689)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 4,325 - - 4,325
Additions - 33,000 1,152 34,152
At 31 March 2024 4,325 33,000 1,152 38,477
DEPRECIATION
At 1 April 2023 4,120 - - 4,120
Charge for year 205 4,950 192 5,347
At 31 March 2024 4,325 4,950 192 9,467
NET BOOK VALUE
At 31 March 2024 - 28,050 960 29,010
At 31 March 2023 205 - - 205

5. FIXED ASSET INVESTMENTS

31.3.24 31.3.23
£    £   
Other investments not loans 55,080 100,105

Additional information is as follows:
Interest
in joint
venture
£   
COST
At 1 April 2023
and 31 March 2024 428,643
PROVISIONS
At 1 April 2023
and 31 March 2024 428,643
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

If Fixed Asset Investments (neither listed nor unlisted) had not been revalued on the 24 August 2023, these would have been included at historical cost of £100,105.

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
10% Share NPM Ltd 55,000 100,000
Other investments 80 105
55,080 100,105

JMD Kapow Ltd (Registered number: 09348689)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 799,541
Impairments (87,041 )
At 31 March 2024 712,500
NET BOOK VALUE
At 31 March 2024 712,500
At 31 March 2023 799,541

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 712,500

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

31.3.24 31.3.23
£    £   
Cost 799,541 799,541

Investment property was valued on an open market basis on 28 August 2023 by JGC (1980) Ltd .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Loan to Southern Wind 255,612 250,842
Loan made to other investments 100,000 100,000
Accruals (5,612 ) -
Prepayments - 611
350,000 351,453

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 299 -
Tax - 4,466
Directors' loan accounts 583,526 499,049
Accrued expenses 206 5,777
584,031 509,292

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other loans (see note 10) 1,026,863 1,066,880

JMD Kapow Ltd (Registered number: 09348689)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 1,026,863 1,066,880

10. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Other loans more 5yrs instal 1,026,863 1,066,880