Company Registration No. SC620061 (Scotland)
Jenkins Capital Ltd
Unaudited accounts
for the year ended 29 February 2024
Jenkins Capital Ltd
Unaudited accounts
Contents
Jenkins Capital Ltd
Company Information
for the year ended 29 February 2024
Directors
Ryan Jenkins
Catherine Jenkins
Company Number
SC620061 (Scotland)
Registered Office
6 Daisy Drive
Cambuslang
Glasgow
G72 6WW
United Kingdom
Accountants
Calculo Ltd
Unit 9
Eastworks
Gateway Court
Glasgow
G40 4DS
Jenkins Capital Ltd
Statement of financial position
as at 29 February 2024
Investment property
308,536
308,536
Cash at bank and in hand
2,691
740
Creditors: amounts falling due within one year
(5,555)
(5,555)
Net current liabilities
(2,864)
(4,815)
Total assets less current liabilities
305,972
304,021
Creditors: amounts falling due after more than one year
(337,832)
(329,153)
Net liabilities
(31,860)
(25,132)
Called up share capital
10
10
Profit and loss account
(31,870)
(25,142)
Shareholders' funds
(31,860)
(25,132)
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by
Ryan Jenkins
Director
Company Registration No. SC620061
Jenkins Capital Ltd
Notes to the Accounts
for the year ended 29 February 2024
Jenkins Capital Ltd is a private company, limited by shares, registered in Scotland, registration number SC620061. The registered office is 6 Daisy Drive, Cambuslang, Glasgow, G72 6WW, United Kingdom.
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.
Fair value at 1 March 2023
308,536
At 29 February 2024
308,536
Investment property is included at 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
5
Investments
Other investments
Valuation at 1 March 2023
300
Valuation at 29 February 2024
300
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,555
5,555
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
305,887
292,578
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).