Company Registration No. 12780274 (England and Wales)
Jezrix Ltd
Unaudited accounts
for the year ended 30 June 2024
Jezrix Ltd
Unaudited accounts
Contents
Jezrix Ltd
Company Information
for the year ended 30 June 2024
Company Number
12780274 (England and Wales)
Registered Office
FIRST FLOOR, 85
GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Jezrix Ltd
Accountants' report
Accountants' report to the director of Jezrix Ltd on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Jezrix Ltd for the year ended
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Jezrix Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Jezrix Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jezrix Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Jezrix Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Jezrix Ltd. You consider that Jezrix Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Jezrix Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
6 November 2024
Jezrix Ltd
Statement of financial position
as at 30 June 2024
Investment property
180,000
180,000
Cash at bank and in hand
5,529
6,597
Creditors: amounts falling due within one year
(51,360)
(51,360)
Net current liabilities
(45,831)
(44,763)
Total assets less current liabilities
134,169
135,237
Creditors: amounts falling due after more than one year
(119,036)
(119,036)
Provisions for liabilities
Deferred tax
(3,781)
(4,048)
Called up share capital
10
10
Revaluation reserve
16,041
16,041
Profit and loss account
(4,699)
(3,898)
Shareholders' funds
11,352
12,153
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 November 2024 and were signed on its behalf by
Jesbir Bahia
Director
Company Registration No. 12780274
Jezrix Ltd
Notes to the Accounts
for the year ended 30 June 2024
Jezrix Ltd is a private company, limited by shares, registered in England and Wales, registration number 12780274. The registered office is FIRST FLOOR, 85, GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 July 2023
180,000
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
50,905
50,905
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
119,036
119,036
Aggregate of amounts that fall due for payment after five years
119,036
119,036
Jezrix Ltd
Notes to the Accounts
for the year ended 30 June 2024
7
Deferred taxation
2024
2023
Revaluation of investment property
5,347
5,347
Tax losses carried forward
(1,566)
(1,299)
Provision at start of year
4,048
-
(Credited)/charged to the profit and loss account
(267)
4,048
Provision at end of year
3,781
4,048
Comparatives have been restated for deferred tax on revaluation of investment properties.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).