JSB Property Lettings Ltd 12127816 property investment false 1 August 2023 12127816 2023-08-01 2024-07-31 12127816 2023-07-31 12127816 2024-07-31 12127816 2022-08-01 2023-07-31 12127816 2022-07-31 12127816 2023-07-31 12127816 frs102-bus:FRS102 2023-08-01 2024-07-31 12127816 frs102-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12127816 frs102-bus:FullAccounts 2023-08-01 2024-07-31 12127816 frs102-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12127816 frs102-core:CurrentFinancialInstruments 2024-07-31 12127816 frs102-core:CurrentFinancialInstruments 2023-07-31 12127816 frs102-core:Non-currentFinancialInstruments 2024-07-31 12127816 frs102-core:Non-currentFinancialInstruments 2023-07-31 12127816 frs102-core:ShareCapital 2024-07-31 12127816 frs102-core:ShareCapital 2023-07-31 12127816 frs102-core:RetainedEarningsAccumulatedLosses 2024-07-31 12127816 frs102-core:RetainedEarningsAccumulatedLosses 2023-07-31 12127816 frs102-bus:Director1 2023-08-01 2024-07-31 12127816 frs102-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 12127816 frs102-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 12127816 frs102-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
12127816
JSB Property Lettings Ltd
Unaudited Accounts
for the year ended
31 July 2024
JSB Property Lettings Ltd
Balance Sheet
as at 31 July 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 286,688 286,688
286,688 286,688
Current assets
Cash at bank and in hand 21,998 16,897
21,998 16,897
Creditors: amounts falling due within one year 4 (99,118) (98,096)
Net current assets / (liabilities) (77,120) (81,199)
Total assets less current liabilities 209,568 205,489
Creditors: amounts falling due after more than one year 5 (199,728) (199,728)
Provisions for liabilities (0) (0)
Accruals and deferred income (180) (180)
Total net assets (liabilities) 9,660 5,581
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 9,560 5,481
Shareholders' funds 9,660 5,581

JSB Property Lettings Ltd
Balance Sheet
as at 31 July 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

J Brooker

Director


Approved by the board on 2 November 2024

Company Number: 12127816 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

43 Matlock Crescent
Cheam
Sutton
SM3 9SS
England

JSB Property Lettings Ltd
Notes to the Accounts
for the year ended 31 July 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2024 2023
Average number of employees during the period 0 0

3. Tangible fixed assets
Investment properties Total
Cost or valuation £ £
At 1 August 2023 286,688 286,688
At 31 July 2024 286,688 286,688
Depreciation
At 31 July 2024 0 0
Net book value
At 31 July 2024 286,688 286,688
At 31 July 2023 286,688 286,688

Both the fair value and the historical cost of the investment properties are £286,688.


4. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation & social security 1,309 599
Other creditors 97,809 97,497
99,118 98,096

5. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 199,728 199,728
199,728 199,728

6. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
75 (2023: 75) A Ordinary shares of £1.00 each 75 75
Allotted, called up and fully paid:
25 (2023: 25) B Ordinary shares of £1.00 each 25 25
100 100

7. Borrowings
2024 2023
Creditors repayable in more than five years: £ £
Total non-instalment amounts due 199,728 199,728
Total 199,728 199,728