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REGISTERED NUMBER: 07984256 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 March 2024

for

JWS Property Developments Limited

JWS Property Developments Limited (Registered number: 07984256)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JWS Property Developments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr P L Waring
Mrs J A Paton





REGISTERED OFFICE: 316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE





REGISTERED NUMBER: 07984256 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

JWS Property Developments Limited (Registered number: 07984256)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 302,307 302,307
302,308 302,308

CURRENT ASSETS
Debtors 6 146,544 146,391
Cash at bank 30,264 43,245
176,808 189,636
CREDITORS
Amounts falling due within one year 7 228,853 240,643
NET CURRENT LIABILITIES (52,045 ) (51,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,263

251,301

CREDITORS
Amounts falling due after more than one
year

8

10,767

25,000
NET ASSETS 239,496 226,301

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 239,386 226,191
SHAREHOLDERS' FUNDS 239,496 226,301

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

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

JWS Property Developments Limited (Registered number: 07984256)

Statement of Financial Position - continued
31 March 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 12 November 2024 and were signed on its behalf by:





Mr P L Waring - Director


JWS Property Developments Limited (Registered number: 07984256)

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


1. STATUTORY INFORMATION

JWS Property Developments 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised 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 is shown at the fair value at the year end. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

The Company's investments at the balance sheet date include investment in 100% ordinary share capital of M L (Wooler) Ltd.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 302,307
NET BOOK VALUE
At 31 March 2024 302,307
At 31 March 2023 302,307

JWS Property Developments Limited (Registered number: 07984256)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 146,391 146,391
VAT 153 -
146,544 146,391

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,798 10,000
Trade creditors 1 1
Tax 2,220 5,902
VAT - 2,956
Other creditors 89,407 89,407
Other loans 129,527 132,127
Accrued expenses 900 250
228,853 240,643

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 6,798 10,000
Bank loans - 2-5 years 3,969 15,000
10,767 25,000

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 17,565 35,000

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from Yorkshire Bank PLC.

10. RELATED PARTY DISCLOSURES

Entities under common control owed £146,391 (2023 - £146,391) to the company at the year end.

The company owed £89,407 (2023 - £89,407) to entities under common control at the year end.