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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
Page
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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
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Jaxan Property Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,633,346 
1,633,346 
Current assets
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)
Net assets
11,028 
11,426 
Capital and reserves
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
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Jaxan Property Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
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 
492,353 
476,061 
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).
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