Company Registration No. 12819000 (England and Wales)
Ji-property Ltd
Unaudited accounts
for the year ended 31 August 2024
Ji-property Ltd
Unaudited accounts
Contents
Ji-property Ltd
Company Information
for the year ended 31 August 2024
Company Number
12819000 (England and Wales)
Registered Office
Made Simple Group
20-22 Wenlock Road
London
London
N1 7GU
England
Ji-property Ltd
Statement of financial position
as at 31 August 2024
Investment property
292,864
292,864
Cash at bank and in hand
791
2,232
Net current assets
791
2,232
Total assets less current liabilities
294,057
295,599
Creditors: amounts falling due after more than one year
(301,851)
(304,946)
Net liabilities
(7,794)
(9,347)
Called up share capital
1
1
Profit and loss account
(7,795)
(9,348)
Shareholders' funds
(7,794)
(9,347)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2024 and were signed on its behalf by
Joseph Iribhogbe
Director
Company Registration No. 12819000
Ji-property Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ji-property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12819000. The registered office is Made Simple Group, 20-22 Wenlock Road, London, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20 % reducing balance
4
Tangible fixed assets
Computer equipment
Fair value at 1 September 2023
292,864
Ji-property Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
210,293
210,293
Other creditors
101,390
101,390
Loans from directors
(10,132)
(6,987)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).