REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
for |
JDR Properties Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
for |
JDR Properties Ltd |
JDR Properties Ltd (Registered number: 14812890) |
Contents of the Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Statement of Financial Position | 3 |
Notes to the Financial Statements | 4 |
JDR Properties Ltd |
Company Information |
for the Period 18 April 2023 to 30 April 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Charter House, Wyvern Court |
Stanier Way |
Derby |
DE21 6BF |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
JDR Properties Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JDR Properties Ltd for the period ended 30 April 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of JDR Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JDR Properties Ltd and state those matters that we have agreed to state to the Board of Directors of JDR Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JDR Properties Ltd and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that JDR Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JDR Properties Ltd. You consider that JDR Properties Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of JDR Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Charter House, Wyvern Court |
Stanier Way |
Derby |
DE21 6BF |
JDR Properties Ltd (Registered number: 14812890) |
Statement of Financial Position |
30 April 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 8 | ( |
) |
ACCRUALS AND DEFERRED INCOME | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
JDR Properties Ltd (Registered number: 14812890) |
Notes to the Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
1. | STATUTORY INFORMATION |
JDR Properties Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Fixtures and fittings | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Financial instruments |
Basic financial instruments, which include loans, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Where loans have been provided interest free, interest deemed to have been charged has been included for the full term of the loan and released each year based on the actual interest that would have been payable had an interest rate been agreed. The interest included has been calculated in relation to the current year charges and will be adjusted each year of the loan to reflect the actual deemed interest charged in the period. |
Taxation |
Taxation for the period 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 period 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 period was NIL. |
JDR Properties Ltd (Registered number: 14812890) |
Notes to the Financial Statements - continued |
for the Period 18 April 2023 to 30 April 2024 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
Additions |
At 30 April 2024 |
DEPRECIATION |
Charge for period |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
9. | FINANCIAL INSTRUMENTS |
There is a loan of £50,000 that is interest free. However, the subsidiary company, Orange Door Limited, has agreed to receive a reduced lettings fee on properties that it acts for. The value of discounted fees in Orange Door Limited has been calculated and included as an interest fee within the accounts to account for the substance of the loan agreement. |