Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 12146197 Mr S Jolly Mr M Mehta iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12146197 2022-03-31 12146197 2023-03-31 12146197 2022-04-01 2023-03-31 12146197 frs-core:CurrentFinancialInstruments 2023-03-31 12146197 frs-core:ShareCapital 2023-03-31 12146197 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 12146197 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12146197 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 12146197 frs-bus:SmallEntities 2022-04-01 2023-03-31 12146197 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12146197 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 12146197 frs-bus:Director1 2022-04-01 2023-03-31 12146197 frs-bus:Director2 2022-04-01 2023-03-31 12146197 frs-countries:EnglandWales 2022-04-01 2023-03-31 12146197 2021-03-31 12146197 2022-03-31 12146197 2021-04-01 2022-03-31 12146197 frs-core:CurrentFinancialInstruments 2022-03-31 12146197 frs-core:ShareCapital 2022-03-31 12146197 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 12146197
Jarvis Road Ltd
Financial Statements
For The Year Ended 31 March 2023
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr S Jolly
Mr M Mehta
Company Number 12146197
Registered Office 505 Pinner Road
Harrow
HA2 6EH
Accountants Acumeus Accountants Ltd
53A Drummond Drive
Stanmore
Middlesex
HA7 3PF
Page 1
Page 2
Balance Sheet
Registered number: 12146197
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 - 723,736
Debtors 5 126 2
Cash at bank and in hand 21 215
147 723,953
Creditors: Amounts Falling Due Within One Year 6 (144 ) (726,955 )
NET CURRENT ASSETS (LIABILITIES) 3 (3,002 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3 (3,002 )
NET ASSETS/(LIABILITIES) 3 (3,002 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 1 (3,004 )
SHAREHOLDERS' FUNDS 3 (3,002)
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For the year ending 31 March 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 28 November 2024 and were signed on its behalf by:
Mr S Jolly
Director
28 November 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Jarvis Road Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12146197 . The registered office is 505 Pinner Road, Harrow, HA2 6EH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents revenue recognised by the company in respect of property sales, exclusive of VAT.
Turnover is recognised when the company has a right to consideration.
2.3. Stocks and Work in Progress
Property work in progress is valued at the lower of cost and net realisable less cost to sell.
Cost for this purpose comprises the purchase of land and buildings, development expenditure and overheads.
In considering the net realisable value of land and properties it is assumed that the development will be completed and sold in the ordinary course of the  company's business.
2.4. Taxation
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 statement of financial position date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Stocks
2023 2022
£ £
Development properties - 723,736
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by connected companies 126 2
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1
Corporation tax 144 -
Accruals and deferred income - 1,800
Amounts owed to connected companies - 725,154
144 726,955
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. Related Party Transactions
At the year end, the company was owed £126 (2022: owed £725,154 to) by Emperor Residential Limited, a company in which the directors have a beneficial interest. The amount owed is interest free and repayable on demand.
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