Registration number:
JAQ Group Properties Limited
for the Period from 6 January 2023 to 31 December 2023
JAQ Group Properties Limited
(Registration number: NI693511)
Balance Sheet as at 31 December 2023
Note |
2023 |
|
Fixed assets |
||
Investment property |
|
|
Current assets |
||
Debtors |
|
|
Creditors: Amounts falling due within one year |
( |
|
Net current liabilities |
( |
|
Net liabilities |
( |
|
Capital and reserves |
||
Called up share capital |
100 |
|
Retained earnings |
(750) |
|
Shareholders' deficit |
(650) |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
JAQ Group Properties Limited
Notes to the Financial Statements for the Period from 6 January 2023 to 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in Northern Ireland.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Audit report
Tax
The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
JAQ Group Properties Limited
Notes to the Financial Statements for the Period from 6 January 2023 to 31 December 2023
Investment property
Short-term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Investment properties |
2023 |
|
Additions |
|
At 31 December |
|
The investment properties were acquired during the year and are held at cost at the balance sheet date. In the opinion of the director, there hasn't been a significant change in value since acquisition to necessitate a revaluation.
Debtors |
Note |
2023 |
|
Amounts owed by related parties |
|
|
Other debtors |
|
|
|
JAQ Group Properties Limited
Notes to the Financial Statements for the Period from 6 January 2023 to 31 December 2023
Creditors |
2023 |
||
Amounts owed to group undertakings |
|
|
Accruals and deferred income |
|
|
|
Share capital |
Allotted, called up and fully paid shares
2023 |
||
No. |
£ |
|
|
|
100 |
Related party transactions |
The Company has taken advantage of the exemption provisions in FRS 102 permitting non-disclosure of transactions with fellow group companies.
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate controlling party is
The parent of the largest group in which these financial statements are consolidated is