JSD ASSET MANAGEMENT LTD

Company Registration Number:
11859755 (England and Wales)

Unaudited micro entity accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

JSD ASSET MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Footnotes to the Balance Sheet - 6

JSD ASSET MANAGEMENT LTD

Company Information

for the Period Ended 31 March 2024




Registered office: 2 Old Yeavering
2 Old Yeavering
Kirknewton
Wooler
England
NE71 6HF
Company Registration Number: 11859755 (England and Wales)

JSD ASSET MANAGEMENT LTD

Balance sheet

As at 31 March 2024


2024
£

2023
£
Fixed Assets: 636,724 460,433
Current assets: 6,863 21,302
Creditors: amounts falling due within one year: ( 6,616 ) ( 4,953 )
Net current assets (liabilities): 247 16,349
Total assets less current liabilities: 636,971 476,782
Creditors: amounts falling due after more than one year: ( 692,530 ) ( 503,525 )
Total net assets (liabilities): ( 55,559 ) ( 26,743 )
Capital and reserves: ( 55,559 ) ( 26,743 )

JSD ASSET MANAGEMENT LTD

Balance sheet continued

For the year ending 31 March 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 1 December 2024
And Signed On Behalf Of The Board By:

Name: James Sismey-Durrant
Status: Director

The notes form part of these financial statements

JSD ASSET MANAGEMENT LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Employee Information

    Average number of employees: 1

JSD ASSET MANAGEMENT LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Off balance sheet disclosure

    No

JSD ASSET MANAGEMENT LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Advances and credits

    During the year, the company received director loans from James Sismey-Durrant amounting to £1,005. The outstanding balance at 31/03/2024 was £125,173 (£124,168 at 31/03/2023) and is not repayable and will not be called in at least the next 12 months.

    During the year, the company took out related party loans secured by way of a fixed charge against a company owned property amounting to £188,000. Amounts outstanding on related party loan balances at 31/03/2024 totalled £308,490 (£120,490 at 31/03/2023).

    In addition, the company also has mortgages with The Mortgage Works (UK) Plc and Foundation Home Loans totalling £262,695 secured by way of a fixed charges against a company owned properties.