REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 15 February 2023 to 29 February 2024 |
for |
J Warren Property Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 15 February 2023 to 29 February 2024 |
for |
J Warren Property Limited |
J Warren Property Limited (Registered number: 14665631) |
Contents of the Financial Statements |
for the Period 15 February 2023 to 29 February 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
J Warren Property Limited (Registered number: 14665631) |
Balance Sheet |
29 February 2024 |
Notes | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 8 |
Retained earnings | ( |
) |
( |
) |
The director acknowledges his 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. |
J Warren Property Limited (Registered number: 14665631) |
Balance Sheet - continued |
29 February 2024 |
The financial statements were approved by the director and authorised for issue on |
J Warren Property Limited (Registered number: 14665631) |
Notes to the Financial Statements |
for the Period 15 February 2023 to 29 February 2024 |
1. | STATUTORY INFORMATION |
J Warren Property Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Rental income from investment properties leased out under operating leases is recognised in the statement of comprehensive income on a straight-line basis over the term of the lease. |
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 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 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 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | 39,837 |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
J Warren Property Limited (Registered number: 14665631) |
Notes to the Financial Statements - continued |
for the Period 15 February 2023 to 29 February 2024 |
4. | INVESTMENT PROPERTY - continued |
Fair value at 29 February 2024 is represented by: |
£ |
Valuation in 2024 | 39,836 |
Cost | 348,164 |
388,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more than 5 year non-instalment |
8. | RESERVES |
Fair |
value |
reserve |
£ |
Revaluation in year | 29,877 |
At 29 February 2024 |