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Company Registration No. 12350121 (England and Wales)
JG Student Property Management Ltd Unaudited accounts for the year ended 31 March 2024
JG Student Property Management Ltd Unaudited accounts Contents
Page
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JG Student Property Management Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,378 
79,481 
Current assets
Debtors
523,387 
449,704 
Cash at bank and in hand
119,333 
216,817 
642,720 
666,521 
Creditors: amounts falling due within one year
(350,099)
(309,375)
Net current assets
292,621 
357,146 
Total assets less current liabilities
351,999 
436,627 
Creditors: amounts falling due after more than one year
(73,076)
(107,844)
Provisions for liabilities
Deferred tax
(11,088)
(15,874)
Net assets
267,835 
312,909 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
267,735 
312,809 
Shareholders' funds
267,835 
312,909 
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 3 December 2024 and were signed on its behalf by
Julie Gauld Director Company Registration No. 12350121
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JG Student Property Management Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
JG Student Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 12350121. The registered office is Unit 17, Foundry Business Park, Seager Road, Faversham, ME13 7FD.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
99,471 
3,354 
102,825 
Additions
- 
498 
498 
At 31 March 2024
99,471 
3,852 
103,323 
Depreciation
At 1 April 2023
20,919 
2,425 
23,344 
Charge for the year
19,638 
963 
20,601 
At 31 March 2024
40,557 
3,388 
43,945 
Net book value
At 31 March 2024
58,914 
464 
59,378 
At 31 March 2023
78,552 
929 
79,481 
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JG Student Property Management Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,392 
28,679 
Other debtors
498,995 
421,025 
523,387 
449,704 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
30,000 
27,000 
Obligations under finance leases and hire purchase contracts
6,768 
6,768 
Trade creditors
18,641 
15,590 
Taxes and social security
10,015 
21,431 
Other creditors
284,675 
238,586 
350,099 
309,375 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,500 
60,500 
Obligations under finance leases and hire purchase contracts
40,576 
47,344 
73,076 
107,844 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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