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REGISTERED NUMBER: 14453017 (England and Wales)














Unaudited Financial Statements

for the Period 31 October 2022 to 5 April 2024

for

Jomi Investments Ltd

Jomi Investments Ltd (Registered number: 14453017)






Contents of the Financial Statements
for the Period 31 October 2022 to 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jomi Investments Ltd

Company Information
for the Period 31 October 2022 to 5 April 2024







DIRECTORS: M L Sluckis
J S Sluckis





REGISTERED OFFICE: 166 Park Lane
Whitefield
Manchester
M45 7PX





REGISTERED NUMBER: 14453017 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Jomi Investments Ltd (Registered number: 14453017)

Balance Sheet
5 April 2024

Notes £    £   
FIXED ASSETS
Investment property 4 286,642

CURRENT ASSETS
Debtors 5 447
Cash in hand 9,277
9,724
CREDITORS
Amounts falling due within one year 6 146,345
NET CURRENT LIABILITIES (136,621 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,021

PROVISIONS FOR LIABILITIES 37,500
NET ASSETS 112,521

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings 8 112,519
SHAREHOLDERS' FUNDS 112,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Jomi Investments Ltd (Registered number: 14453017)

Balance Sheet - continued
5 April 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 Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





M L Sluckis - Director


Jomi Investments Ltd (Registered number: 14453017)

Notes to the Financial Statements
for the Period 31 October 2022 to 5 April 2024

1. STATUTORY INFORMATION

Jomi Investments 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
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 carried at fair value determined annually, derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

Going concern
The Directors believe that the Company will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of signing these financial statements and have concluded that it is appropriate to prepare the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Jomi Investments Ltd (Registered number: 14453017)

Notes to the Financial Statements - continued
for the Period 31 October 2022 to 5 April 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 136,642
Revaluations 150,000
At 5 April 2024 286,642
NET BOOK VALUE
At 5 April 2024 286,642

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2024 150,000
Cost 136,642
286,642

During the year one of the properties was revalued by the directors on a Market Value basis.

The directors do not consider the value of the all properties at 5 April 2024 to be materially different from that stated in the financial statements.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 5
Other creditors 146,340
146,345

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Called up share capital 1 2

Jomi Investments Ltd (Registered number: 14453017)

Notes to the Financial Statements - continued
for the Period 31 October 2022 to 5 April 2024

8. RESERVES
Retained
earnings
£   

Profit for the period 112,519
At 5 April 2024 112,519

9. RELATED PARTY DISCLOSURES

Included within other creditors is Director's current account balance of £144,998. There are no fixed repayment terms and no interest is chargeable to the Company in respect of this balance.