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REGISTERED NUMBER: 14601914 (England and Wales)










Financial Statements

for the Period

18 January 2024 to 31 January 2024

for

JAG Property (Horbury) Ltd

JAG Property (Horbury) Ltd (Registered number: 14601914)






Contents of the Financial Statements
for the Period 18 January 2024 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JAG Property (Horbury) Ltd

Company Information
for the Period 18 January 2024 to 31 January 2024







DIRECTOR: A Naylor





REGISTERED OFFICE: 5 Ashwood Grove
Horbury
Wakefield
WF4 5HY





REGISTERED NUMBER: 14601914 (England and Wales)





ACCOUNTANTS: Hope Agar
Chartered Accountants
24a Marsh Street
Rothwell
Leeds
LS26 0BB

JAG Property (Horbury) Ltd (Registered number: 14601914)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Investment property 4 231,750

CURRENT ASSETS
Cash at bank and in hand 4,422

CREDITORS
Amounts falling due within one year 5 80,386
NET CURRENT LIABILITIES (75,964 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,786

CREDITORS
Amounts falling due after more than one
year

6

164,080
NET LIABILITIES (8,294 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (8,394 )
(8,294 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 September 2024 and were signed by:




A Naylor - Director


JAG Property (Horbury) Ltd (Registered number: 14601914)

Notes to the Financial Statements
for the Period 18 January 2024 to 31 January 2024

1. STATUTORY INFORMATION

JAG Property (Horbury) 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.

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 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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 231,750
At 31 January 2024 231,750
NET BOOK VALUE
At 31 January 2024 231,750

JAG Property (Horbury) Ltd (Registered number: 14601914)

Notes to the Financial Statements - continued
for the Period 18 January 2024 to 31 January 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 1,600
Directors' loan accounts 78,426
Accrued expenses 360
80,386

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans - 1-2 years 1,709
Bank loans - 2-5 years 5,854
Bank loans more 5 yr by instal 156,517
164,080

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 156,517

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 165,680

The bank is secured by fixed charges on the property to which the mortgages relate.