Company Registration No. 13889538 (England and Wales)
Jaxan Property Ltd
Unaudited accounts
for the year ended 29 February 2024
Jaxan Property Ltd
Unaudited accounts
Contents
Jaxan Property Ltd
Company Information
for the year ended 29 February 2024
Directors
Mr M Kluth
Miss L Chau
Company Number
13889538 (England and Wales)
Registered Office
21 Sanford Place
Exeter
EX2 9FD
England
Accountants
Sean Clarke Accountancy
7 Southbrook Road
Bovey Tracey
Devon
TQ13 9YZ
Jaxan Property Ltd
Statement of financial position
as at 29 February 2024
Investment property
1,633,346
1,633,346
Cash at bank and in hand
25,035
9,141
Creditors: amounts falling due within one year
(492,353)
(476,061)
Net current liabilities
(467,318)
(466,920)
Total assets less current liabilities
1,166,028
1,166,426
Creditors: amounts falling due after more than one year
(1,155,000)
(1,155,000)
Called up share capital
2
2
Profit and loss account
11,026
11,424
Shareholders' funds
11,028
11,426
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by
Mr M Kluth
Director
Company Registration No. 13889538
Jaxan Property Ltd
Notes to the Accounts
for the year ended 29 February 2024
Jaxan Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13889538. The registered office is 21 Sanford Place, Exeter, EX2 9FD, 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.
Fair value at 1 March 2023
1,633,346
At 29 February 2024
1,633,346
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,680
Loans from directors
492,353
473,381
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,155,000
1,155,000
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).