Company Registration No. 12614736 (England and Wales)
J.O. Property Group Ltd
Unaudited accounts
for the year ended 30 April 2024
J.O. Property Group Ltd
Unaudited accounts
Contents
J.O. Property Group Ltd
Company Information
for the year ended 30 April 2024
Directors
Joseph Clark Duggan
Olivia Francesca Maher
Company Number
12614736 (England and Wales)
Registered Office
165 Smithdown Road
Liverpool
Merseyside
L15 2HD
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
J.O. Property Group Ltd
Accountants' report
Accountants' report to the board of directors of J.O. Property Group Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
J.O. Property Group Ltd for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of J.O. Property Group Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of J.O. Property Group Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J.O. Property Group Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that J.O. Property Group Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of J.O. Property Group Ltd. You consider that J.O. Property Group Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of J.O. Property Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
30 October 2024
J.O. Property Group Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
5,805
10,620
Cash at bank and in hand
110,529
50,602
Creditors: amounts falling due within one year
(112,757)
(85,848)
Net current assets
37,944
22,452
Total assets less current liabilities
43,749
33,072
Creditors: amounts falling due after more than one year
(13,242)
-
Called up share capital
2
2
Profit and loss account
30,505
33,070
Shareholders' funds
30,507
33,072
For the year ending 30 April 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 31 October 2024 and were signed on its behalf by
Joseph Clark Duggan
Director
Company Registration No. 12614736
J.O. Property Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
J.O. Property Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12614736. The registered office is 165 Smithdown Road, Liverpool, Merseyside, L15 2HD, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
18,481
3,937
22,418
At 30 April 2024
18,481
6,442
24,923
At 1 May 2023
10,828
970
11,798
Charge for the year
5,944
1,376
7,320
At 30 April 2024
16,772
2,346
19,118
At 30 April 2024
1,709
4,096
5,805
At 30 April 2023
7,653
2,967
10,620
J.O. Property Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
2,880
12,954
Other debtors
37,292
42,901
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
14,381
7,850
Taxes and social security
5,127
9,134
Other creditors
91,204
65,682
Loans from directors
-
1,926
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).