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REGISTERED NUMBER: 14654450 (England and Wales)















Financial Statements for the Period 28 February 2023 to 31 March 2024

for

JRSE Properties Limited

JRSE Properties Limited (Registered number: 14654450)






Contents of the Financial Statements
for the Period 28 February 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JRSE Properties Limited

Company Information
for the Period 28 February 2023 to 31 March 2024







DIRECTORS: R J Fildes
J B Shove





REGISTERED OFFICE: Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH





REGISTERED NUMBER: 14654450 (England and Wales)





ACCOUNTANTS: HLP Ltd
Accounting and Tax Solutions
Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH

JRSE Properties Limited (Registered number: 14654450)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 10,000
Tangible assets 5 540
10,540

CURRENT ASSETS
Debtors 6 1,002
Cash at bank 4,164
5,166
CREDITORS
Amounts falling due within one year 7 11,344
NET CURRENT LIABILITIES (6,178 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,362

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 4,262
4,362

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2024 and were signed on its behalf by:



R J Fildes - Director


JRSE Properties Limited (Registered number: 14654450)

Notes to the Financial Statements
for the Period 28 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

JRSE Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of six years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

JRSE Properties Limited (Registered number: 14654450)

Notes to the Financial Statements - continued
for the Period 28 February 2023 to 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 12,000
At 31 March 2024 12,000
AMORTISATION
Amortisation for period 2,000
At 31 March 2024 2,000
NET BOOK VALUE
At 31 March 2024 10,000

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 28 February 2023
and 31 March 2024 800
DEPRECIATION
Charge for period 260
At 31 March 2024 260
NET BOOK VALUE
At 31 March 2024 540
At 27 February 2023 800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,002

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 1,342
Other creditors 10,002
11,344