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REGISTERED NUMBER: 14671224 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 FEBRUARY 2023 TO 29 FEBRUARY 2024

FOR

JLSH PROPERTY LIMITED

JLSH PROPERTY LIMITED (REGISTERED NUMBER: 14671224)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 FEBRUARY 2023 TO 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JLSH PROPERTY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 FEBRUARY 2023 TO 29 FEBRUARY 2024







DIRECTORS: Mrs L A Wykes
L S Wykes





REGISTERED OFFICE: Second Floor South
The Fitted Rigging House
Anchor Wharf, The Historic Dockyard
Chatham
Kent
ME4 4TZ





REGISTERED NUMBER: 14671224 (England and Wales)





ACCOUNTANTS: Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ

JLSH PROPERTY LIMITED (REGISTERED NUMBER: 14671224)

BALANCE SHEET
29 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 480,000

CURRENT ASSETS
Cash at bank 3,301

CREDITORS
Amounts falling due within one year 5 151,723
NET CURRENT LIABILITIES (148,422 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,578

CREDITORS
Amounts falling due after more than one
year

6

367,268
NET LIABILITIES (35,690 )

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings (35,790 )
SHAREHOLDERS' FUNDS (35,690 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





L S Wykes - Director


JLSH PROPERTY LIMITED (REGISTERED NUMBER: 14671224)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 FEBRUARY 2023 TO 29 FEBRUARY 2024


1. STATUTORY INFORMATION

JLSH Property 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.

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 as modified by the revaluation of certain assets.

The accounts have been prepared on a going concern basis. The company meets its day to day working capital requirements with the assistance of the directors. The directors have indicated that they will not be withdrawing money from their loan accounts until such time as the company becomes solvent.

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.

Taxation
Taxation for the period 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 period 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 period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 508,523
Revaluations (28,523 )
At 29 February 2024 480,000
NET BOOK VALUE
At 29 February 2024 480,000

JLSH PROPERTY LIMITED (REGISTERED NUMBER: 14671224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 FEBRUARY 2023 TO 29 FEBRUARY 2024


4. INVESTMENT PROPERTY - continued

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2024 (28,523 )
Cost 508,523
480,000

The investment property was valued on an open market basis on 29 February 2024 by the directors.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 151,723

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 367,268

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 367,268

7. CALLED UP SHARE CAPITAL

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

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .