IRIS Accounts Production v24.3.0.553 02271767 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022717672023-08-31022717672024-08-31022717672023-09-012024-08-31022717672022-08-31022717672022-09-012023-08-31022717672023-08-3102271767ns15:EnglandWales2023-09-012024-08-3102271767ns14:PoundSterling2023-09-012024-08-3102271767ns10:Director12023-09-012024-08-3102271767ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3102271767ns10:SmallEntities2023-09-012024-08-3102271767ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3102271767ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3102271767ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3102271767ns10:FullAccounts2023-09-012024-08-3102271767ns10:Director22023-09-012024-08-3102271767ns10:CompanySecretary12023-09-012024-08-3102271767ns10:RegisteredOffice2023-09-012024-08-3102271767ns5:CurrentFinancialInstruments2024-08-3102271767ns5:CurrentFinancialInstruments2023-08-3102271767ns5:Non-currentFinancialInstruments2024-08-3102271767ns5:Non-currentFinancialInstruments2023-08-3102271767ns5:ShareCapital2024-08-3102271767ns5:ShareCapital2023-08-3102271767ns5:RetainedEarningsAccumulatedLosses2024-08-3102271767ns5:RetainedEarningsAccumulatedLosses2023-08-3102271767ns5:PlantMachinery2023-09-012024-08-3102271767ns5:FurnitureFittings2023-09-012024-08-3102271767ns5:MotorVehicles2023-09-012024-08-3102271767ns5:ComputerEquipment2023-09-012024-08-3102271767ns5:PlantMachinery2023-08-3102271767ns5:FurnitureFittings2023-08-3102271767ns5:MotorVehicles2023-08-3102271767ns5:ComputerEquipment2023-08-3102271767ns5:PlantMachinery2024-08-3102271767ns5:FurnitureFittings2024-08-3102271767ns5:MotorVehicles2024-08-3102271767ns5:ComputerEquipment2024-08-3102271767ns5:PlantMachinery2023-08-3102271767ns5:FurnitureFittings2023-08-3102271767ns5:MotorVehicles2023-08-3102271767ns5:ComputerEquipment2023-08-3102271767ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3102271767ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3102271767ns5:Non-currentFinancialInstruments2023-09-012024-08-31
REGISTERED NUMBER: 02271767 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

JANASCAUL INVESTMENTS LIMITED

JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JANASCAUL INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mrs R A Woodward
Mr S D T Woodward





SECRETARY: Mrs R A Woodward





REGISTERED OFFICE: Lbhealthcare Gull Coppice
Whiteley
Fareham
Hampshire
PO15 7LS





REGISTERED NUMBER: 02271767 (England and Wales)






JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,700 9,700
Investment property 5 2,250,722 2,520,722
2,260,422 2,530,422

CURRENT ASSETS
Debtors 6 4,805 4,909
Cash at bank 53,088 60,192
57,893 65,101
CREDITORS
Amounts falling due within one year 7 112,940 192,212
NET CURRENT LIABILITIES (55,047 ) (127,111 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,205,375

2,403,311

CREDITORS
Amounts falling due after more than one
year

8

(982,505

)

(1,194,286

)

PROVISIONS FOR LIABILITIES (180,572 ) (192,402 )
NET ASSETS 1,042,298 1,016,623

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,042,198 1,016,523
1,042,298 1,016,623

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

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

JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

BALANCE SHEET - continued
31 AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





Mr S D T Woodward - Director


JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

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


1. STATUTORY INFORMATION

Janascaul Investments 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

Turnover
Turnover is the value of letting services provided to tenants during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% straight line
Fixtures and fittings - 25% straight line
Motor vehicles - 20% straight line
Computer equipment - 25% straight line

All fixed assets are initially recorded at cost.

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.

Investment property, which is property held to earn rentals and/or for capital appreciation is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are recognized in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

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


2. ACCOUNTING POLICIES - continued

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023
and 31 August 2024 11,669 744 26,000 6,836 45,249
DEPRECIATION
At 1 September 2023
and 31 August 2024 10,669 744 17,300 6,836 35,549
NET BOOK VALUE
At 31 August 2024 1,000 - 8,700 - 9,700
At 31 August 2023 1,000 - 8,700 - 9,700

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 2,520,722
Disposals (210,000 )
Revaluations (60,000 )
At 31 August 2024 2,250,722
NET BOOK VALUE
At 31 August 2024 2,250,722
At 31 August 2023 2,520,722

Investment property comprises 16 residential properties (2023: 17 properties) The fair value of the investment properties has been arrived at on the basis of a valuations carried out by the directors. The valuations were made on an open market value basis by reference to market evidence of transaction prices for similar properties.

£
Cost 1,535,022
Net revaluation:
2021 and prior years 646,335
2022 607
2023 128,758
2024 (60,000 )

2,250,722

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,805 4,909

JANASCAUL INVESTMENTS LIMITED (REGISTERED NUMBER: 02271767)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 4,225 7,225
Taxation and social security 7,693 24,025
Other creditors 101,022 160,962
112,940 192,212

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 982,505 1,194,286

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 982,505 1,194,286

The above loans are secured.