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Company Registration No. 11780632 (England and Wales)
JC1 Projects Ltd Unaudited accounts for the year ended 31 January 2024
JC1 Projects Ltd Unaudited accounts Contents
Page
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JC1 Projects Ltd Company Information for the year ended 31 January 2024
Director
Ms Odeshea Gordon
Company Number
11780632 (England and Wales)
Registered Office
Building 6 30 Friern Park London N12 9DA United Kingdom
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JC1 Projects Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
125,000 
125,000 
Creditors: amounts falling due within one year
(44,949)
(40,214)
Net current liabilities
(44,949)
(40,214)
Total assets less current liabilities
80,051 
84,786 
Creditors: amounts falling due after more than one year
(95,000)
(95,000)
Net liabilities
(14,949)
(10,214)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(14,950)
(10,215)
Shareholders' funds
(14,949)
(10,214)
For the year ending 31 January 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 director acknowledges her 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 and authorised for issue on 21 October 2024 and were signed on its behalf by
Ms Odeshea Gordon Director Company Registration No. 11780632
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JC1 Projects Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
JC1 Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 11780632. The registered office is Building 6 30 Friern Park, London, N12 9DA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
The company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support from the director will be continued to be received.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
125,000 
At 31 January 2024
125,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
43,761 
39,422 
Accruals
1,188 
792 
44,949 
40,214 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
95,000 
95,000 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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