IRIS Accounts Production v24.3.0.553 12438088 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124380882023-03-31124380882024-03-31124380882023-04-012024-03-31124380882022-03-31124380882022-04-012023-03-31124380882023-03-3112438088ns15:EnglandWales2023-04-012024-03-3112438088ns14:PoundSterling2023-04-012024-03-3112438088ns10:Director12023-04-012024-03-3112438088ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112438088ns10:SmallEntities2023-04-012024-03-3112438088ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112438088ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112438088ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112438088ns10:FullAccounts2023-04-012024-03-3112438088ns10:Director22023-04-012024-03-3112438088ns10:Director32023-04-012024-03-3112438088ns10:RegisteredOffice2023-04-012024-03-3112438088ns5:CurrentFinancialInstruments2024-03-3112438088ns5:CurrentFinancialInstruments2023-03-3112438088ns5:Non-currentFinancialInstruments2024-03-3112438088ns5:Non-currentFinancialInstruments2023-03-3112438088ns5:ShareCapital2024-03-3112438088ns5:ShareCapital2023-03-3112438088ns5:RetainedEarningsAccumulatedLosses2024-03-3112438088ns5:RetainedEarningsAccumulatedLosses2023-03-3112438088ns5:RetainedEarningsAccumulatedLosses2023-03-3112438088ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 12438088 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

JKS Tran Property Ltd

JKS Tran Property Ltd (Registered number: 12438088)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JKS Tran Property Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs B S Tran
Miss J Tran
K Tran





REGISTERED OFFICE: 73 Ridge Close
Thamesmead
London
SE28 0HT





REGISTERED NUMBER: 12438088 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

JKS Tran Property Ltd (Registered number: 12438088)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 876,678 876,678

CURRENT ASSETS
Cash at bank and in hand 68,859 47,225

CREDITORS
Amounts falling due within one year 6 372,571 360,955
NET CURRENT LIABILITIES (303,712 ) (313,730 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

572,966

562,948

CREDITORS
Amounts falling due after more than one
year

7

491,031

510,521
NET ASSETS 81,935 52,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 81,835 52,327
SHAREHOLDERS' FUNDS 81,935 52,427

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.

JKS Tran Property Ltd (Registered number: 12438088)

Balance Sheet - 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 23 November 2024 and were signed on its behalf by:





Mrs B S Tran - Director


JKS Tran Property Ltd (Registered number: 12438088)

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

1. STATUTORY INFORMATION

JKS Tran Property 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover represents rents receivable.

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4. EMPLOYEES AND DIRECTORS

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

JKS Tran Property Ltd (Registered number: 12438088)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 876,678
NET BOOK VALUE
At 31 March 2024 876,678
At 31 March 2023 876,678

The investment property is valued annually by the directors on an open market existing use basis.

The historical cost of the investment property amount to £876,678 (2023 - £876,678).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 8,631 9,982
Taxation and social security 7,508 8,422
Other creditors 356,432 342,551
372,571 360,955

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 401,031 408,521
Other creditors 90,000 102,000
491,031 510,521

8. RESERVES
Retained
earnings
£   

At 1 April 2023 52,327
Profit for the year 32,008
Dividends (2,500 )
At 31 March 2024 81,835

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,500 were paid to the directors .