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REGISTERED NUMBER: 03193122 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2023 to 15 October 2024

for

J A P Properties (1996) Limited

J A P Properties (1996) Limited (Registered number: 03193122)






Contents of the Financial Statements
for the Period 1 June 2023 to 15 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


J A P Properties (1996) Limited

Company Information
for the Period 1 June 2023 to 15 October 2024







DIRECTOR: C Strang Steel





SECRETARY: C Strang Steel





REGISTERED OFFICE: Chester Hill House Convent Lane
Woodchester
Stroud
Gloucestershire
GL5 5HR





REGISTERED NUMBER: 03193122 (England and Wales)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

J A P Properties (1996) Limited (Registered number: 03193122)

Statement of Financial Position
15 October 2024

15/10/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 165,504

CURRENT ASSETS
Debtors 5 439,715 462,535
Prepayments and accrued income 534 -
Cash at bank 249,579 39,282
689,828 501,817
CREDITORS
Amounts falling due within one year 6 15,066 2,485
NET CURRENT ASSETS 674,762 499,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

674,762

664,836

PROVISIONS FOR LIABILITIES - 4,166
NET ASSETS 674,762 660,670

CAPITAL AND RESERVES
Called up share capital 48,000 48,000
Capital redemption reserve 12,000 12,000
Retained earnings 614,762 600,670
674,762 660,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 15 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 15 October 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.

J A P Properties (1996) Limited (Registered number: 03193122)

Statement of Financial Position - continued
15 October 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 October 2024 and were signed by:





C Strang Steel - Director


J A P Properties (1996) Limited (Registered number: 03193122)

Notes to the Financial Statements
for the Period 1 June 2023 to 15 October 2024

1. STATUTORY INFORMATION

J A P Properties (1996) Limited 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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS

15/10/24 31/5/23
£    £   
Other investments not loans - 165,504

J A P Properties (1996) Limited (Registered number: 03193122)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 15 October 2024

4. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Listed
investments
£   
COST
At 1 June 2023 163,249
Additions 31,585
Disposals (194,834 )
At 15 October 2024 -
NET BOOK VALUE
At 15 October 2024 -
At 31 May 2023 163,249

Investments (neither listed nor unlisted) were as follows:
15/10/24 31/5/23
£    £   
Cash held in portfolio - 2,255

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
15/10/24 31/5/23
£    £   
Shareholder loans 216,200 166,061
Tax debtor (S455) 104,372 137,258
Directors' current accounts 119,143 159,216
439,715 462,535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
15/10/24 31/5/23
£    £   
Tax 5,706 1,225
Accrued expenses 9,360 1,260
15,066 2,485

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 15 October 2024 and the year ended 31 May 2023:

15/10/24 31/5/23
£    £   
C Strang Steel
Balance outstanding at start of period 159,216 -
Amounts advanced 4,927 178,432
Amounts repaid (45,000 ) (19,216 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 119,143 159,216

J A P Properties (1996) Limited (Registered number: 03193122)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 15 October 2024

8. RELATED PARTY DISCLOSURES

Loans to Shareholders:
Opening Balance of £166,061
Amounts Withdrawn £50,139
Closing Balance of £216,200