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REGISTERED NUMBER: 13154328 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

JULIAN ROAD LTD

JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JULIAN ROAD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Z Maasbach
J Maasbach





REGISTERED OFFICE: 78 Sandgate High Street
Sandgate
Folkestone
CT20 3BX





REGISTERED NUMBER: 13154328 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,450,000 741,286

CURRENT ASSETS
Debtors 5 6,405 592
Cash at bank 3,203 -
9,608 592
CREDITORS
Amounts falling due within one year 6 95,821 734,255
NET CURRENT LIABILITIES (86,213 ) (733,663 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,363,787

7,623

CREDITORS
Amounts falling due after more than one
year

7

(1,035,300

)

-

PROVISIONS FOR LIABILITIES (91,056 ) (3,204 )
NET ASSETS 237,431 4,419

CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 10 273,167 13,660
Retained earnings (35,737 ) (9,242 )
SHAREHOLDERS' FUNDS 237,431 4,419

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





Z Maasbach - Director


JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Julian Road 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 as modified by the revaluation of certain assets.

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 year 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 year 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 year was 2 (2023 - 2 ) .

JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 741,286
Additions 361,356
Revaluations 347,358
At 31 January 2024 1,450,000
NET BOOK VALUE
At 31 January 2024 1,450,000
At 31 January 2023 741,286

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2022 16,865
Valuation in 2024 347,359
Cost 1,085,776
1,450,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,275 -
VAT 130 592
6,405 592

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 90,972 733,604
Other creditors 4,149 1
Accrued expenses 700 650
95,821 734,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 1,035,300 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,035,300 -

JULIAN ROAD LTD (REGISTERED NUMBER: 13154328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Loan 1,035,300 633,135

The mortgage is secured by way of a charge on the investment property.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Fair
value
reserve
£   
At 1 February 2023 13,660
Movement in year 259,507

At 31 January 2024 273,167