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REGISTERED NUMBER: 11353926 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

NJY Properties Ltd

NJY Properties Ltd (Registered number: 11353926)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NJY Properties Ltd

Company Information
for the Year Ended 31 May 2024







Directors: N York
E York





Secretary: E York





Registered office: 87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH





Registered number: 11353926 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

NJY Properties Ltd (Registered number: 11353926)

Balance Sheet
31 May 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 150,521 150,521

Current assets
Debtors 5 513 -
Cash at bank 12,862 3,236
13,375 3,236
Creditors
Amounts falling due within one year 6 15,158 34,158
Net current liabilities (1,783 ) (30,922 )
Total assets less current liabilities 148,738 119,599

Creditors
Amounts falling due after more than
one year

7

148,127

110,000
Net assets 611 9,599

Capital and reserves
Called up share capital 9 100 100
Retained earnings 511 9,499
Shareholders' funds 611 9,599

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

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

NJY Properties Ltd (Registered number: 11353926)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





N York - Director


NJY Properties Ltd (Registered number: 11353926)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. Statutory information

NJY Properties Ltd 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.

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.

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

Tangible fixed assets
Land and buildings includes freehold properties which are included at cost. No depreciation is included on these properties.

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

3. Employees and directors

The average number of employees during the year was 2 (2023 - 1 ) .

NJY Properties Ltd (Registered number: 11353926)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. Tangible fixed assets
Land and
buildings
£
Cost
At 1 June 2023
and 31 May 2024 150,521
Net book value
At 31 May 2024 150,521
At 31 May 2023 150,521

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 513 -

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 800 800
Trade creditors 1,058 -
Taxation and social security - 1,058
Other creditors 13,300 32,300
15,158 34,158

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 148,127 110,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 146,927 108,000

8. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Mortgages 146,927 108,000

The loans are supported by a fixed charge over the properties held by the company.

NJY Properties Ltd (Registered number: 11353926)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100