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REGISTERED NUMBER: 01041872 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Jayborth Properties Limited

Jayborth Properties Limited (Registered number: 01041872)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jayborth Properties Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mrs E B Smith
B J Smith





SECRETARY: B J Smith





REGISTERED OFFICE: Orwell House
50 High Street
Hungerford
Berkshire
RG17 0NE





REGISTERED NUMBER: 01041872 (England and Wales)





ACCOUNTANTS: LJ Smith Accountants Ltd
Orwell House
50 High Street
Hungerford
Berkshire
RG17 0NE

Jayborth Properties Limited (Registered number: 01041872)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,053,679 1,148,679

CURRENT ASSETS
Debtors 5 403,420 218,866
Cash at bank and in hand 43,903 39,208
447,323 258,074
CREDITORS
Amounts falling due within one year 6 133,940 11,671
NET CURRENT ASSETS 313,383 246,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,367,062

1,395,082

CREDITORS
Amounts falling due after more than one
year

7

616,768

663,476
NET ASSETS 750,294 731,606

CAPITAL AND RESERVES
Called up share capital 6 6
Revaluation reserve 8 328,477 328,477
Retained earnings 421,811 403,123
SHAREHOLDERS' FUNDS 750,294 731,606

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

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

Jayborth Properties Limited (Registered number: 01041872)

Balance Sheet - continued
31st 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 25th November 2024 and were signed on its behalf by:





B J Smith - Director


Jayborth Properties Limited (Registered number: 01041872)

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

1. STATUTORY INFORMATION

Jayborth Properties 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 15% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

Jayborth Properties Limited (Registered number: 01041872)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1st April 2023 1,148,678 4,940 1,153,618
Disposals (95,000 ) - (95,000 )
At 31st March 2024 1,053,678 4,940 1,058,618
DEPRECIATION
At 1st April 2023
and 31st March 2024 - 4,939 4,939
NET BOOK VALUE
At 31st March 2024 1,053,678 1 1,053,679
At 31st March 2023 1,148,678 1 1,148,679

Cost or valuation at 31st March 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2023 291,509 - 291,509
Cost 762,169 4,940 767,109
1,053,678 4,940 1,058,618

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,560 593
Other debtors 401,860 218,273
403,420 218,866

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,585 1,546
Trade creditors 3,167 830
Taxation and social security - 1,480
Other creditors 129,188 7,815
133,940 11,671

Jayborth Properties Limited (Registered number: 01041872)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 616,768 663,476

8. RESERVES
Revaluation
reserve
£   
At 1st April 2023
and 31st March 2024 328,477