1 January 2023 false No description of principal activity Taxfiler 2024.5 13090721business:PrivateLimitedCompanyLtd2023-01-012023-12-31 130907212022-12-31 130907212023-01-012023-12-31 13090721business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13090721business:FilletedAccounts2023-01-012023-12-31 130907212023-12-31 13090721business:Director12023-01-012023-12-31 13090721business:RegisteredOffice2023-01-012023-12-31 130907212022-12-31 13090721core:WithinOneYear2023-12-31 13090721core:WithinOneYear2022-12-31 13090721core:AfterOneYear2023-12-31 13090721core:AfterOneYear2022-12-31 13090721core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13090721core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13090721core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-12-31 13090721core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2022-12-31 13090721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13090721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13090721core:PreviouslyStatedAmount2023-12-31 13090721core:PreviouslyStatedAmount2022-12-31 13090721business:SmallEntities2023-01-012023-12-31 13090721countries:EnglandWales2023-01-012023-12-31 13090721core:AfterOneYear2023-01-012023-12-31 13090721core:OtherDeferredTax2023-12-31 13090721core:OtherDeferredTax2022-12-31 130907212021-12-31 130907212022-01-012022-12-31 13090721business:OrdinaryShareClass12023-01-012023-12-31 13090721business:OrdinaryShareClass12022-01-012022-12-31 13090721business:OrdinaryShareClass22023-01-012023-12-31 13090721business:OrdinaryShareClass22022-01-012022-12-31 13090721business:AllOrdinaryShares2023-01-012023-12-31 13090721business:AllOrdinaryShares2022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13090721 (England and Wales)
J J PROPERTIES (BRISTOL) LIMITED Unaudited accounts for the year ended 31 December 2023
J J PROPERTIES (BRISTOL) LIMITED Unaudited accounts Contents
Page
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J J PROPERTIES (BRISTOL) LIMITED Company Information for the year ended 31 December 2023
Director
J G Hall
Company Number
13090721 (England and Wales)
Registered Office
LITTLE LEAZE WINTERBOURNE ROAD BRADLEY STOKE BRISTOL BS34 8PT
Accountants
FARQUHAR PARTNERSHIP LIMITED 151 WHITELADIES ROAD CLIFTON BRISTOL BS8 2RA
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J J PROPERTIES (BRISTOL) LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
183,000 
160,000 
Current assets
Debtors
33 
- 
Cash at bank and in hand
1,276 
330 
1,309 
330 
Creditors: amounts falling due within one year
(55,147)
(51,909)
Net current liabilities
(53,838)
(51,579)
Total assets less current liabilities
129,162 
108,421 
Creditors: amounts falling due after more than one year
(108,300)
(108,300)
Provisions for liabilities
Deferred tax
(3,968)
(108)
Net assets
16,894 
13 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
23,000 
- 
Profit and loss account
(6,206)
(87)
Shareholders' funds
16,894 
13 
For the year ending 31 December 2023 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 19 September 2024 and were signed on its behalf by
J G Hall Director Company Registration No. 13090721
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J J PROPERTIES (BRISTOL) LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
J J PROPERTIES (BRISTOL) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13090721. The registered office is LITTLE LEAZE WINTERBOURNE ROAD, BRADLEY STOKE, BRISTOL, BS34 8PT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover comprises rental income and is recognised on a received basis.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 1 January 2023
160,000 
Net gain from fair value adjustments
23,000 
At 31 December 2023
183,000 
Investment property is recognised in the accounts at fair value based on director's valuation. The property acquired in the period was done so from the director at a valuation of £160,000 and no revaluation has occurred in these accounts.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
33 
- 
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J J PROPERTIES (BRISTOL) LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
33 
Other creditors
2,481 
2,481 
Loans from directors
50,567 
48,885 
Accruals
2,099 
510 
55,147 
51,909 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
108,300 
108,300 
The bank loan from Aldermore Bank Plc is secured by a fixed and floating charge over the company's investment property.
8
Deferred taxation
2023 
2022 
£ 
£ 
Other deferred taxation
3,968 
108 
2023 
2022 
£ 
£ 
Provision at start of year
108 
- 
Charged to the profit and loss account
3,860 
108 
Provision at end of year
3,968 
108 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
81 A Ordinary shares of £1 each
81 
81 
19 B Ordinary shares of £1 each
19 
19 
100 
100 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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