Company Registration No. 13424224 (England and Wales)
J & J H Properties Ltd
Unaudited accounts
for the year ended 31 May 2024
J & J H Properties Ltd
Unaudited accounts
Contents
J & J H Properties Ltd
Company Information
for the year ended 31 May 2024
Directors
Jacqueline Humphreys
James Humphreys
Company Number
13424224 (England and Wales)
Registered Office
35 Gripps Common
Cotgrave
Nottingham
Nottinghamshire
NG12 3TF
England
Accountants
Net Accountancy Solutions Limited
35 Gripps Common
Cotgrave
Nottingham
Nottinghamshire
NG12 3TF
J & J H Properties Ltd
Statement of financial position
as at 31 May 2024
Investment property
490,000
490,000
Cash at bank and in hand
27,233
20,080
Creditors: amounts falling due within one year
(160,749)
(158,834)
Net current liabilities
(131,790)
(138,754)
Total assets less current liabilities
358,210
351,246
Creditors: amounts falling due after more than one year
(380,611)
(380,611)
Net liabilities
(22,401)
(29,365)
Called up share capital
2
2
Profit and loss account
(22,403)
(29,367)
Shareholders' funds
(22,401)
(29,365)
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 12 January 2025 and were signed on its behalf by
Jacqueline Humphreys
Director
Company Registration No. 13424224
J & J H Properties Ltd
Notes to the Accounts
for the year ended 31 May 2024
J & J H Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13424224. The registered office is 35 Gripps Common, Cotgrave, Nottingham, Nottinghamshire, NG12 3TF, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The accounts have been prepared on a going concern basis on the understanding that the directors will continue to support the business financially for the foreseeable future.
Fair value at 1 June 2023
490,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,633
55
Loans from directors
158,396
158,059
J & J H Properties Ltd
Notes to the Accounts
for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
380,611
380,611
8
Transactions with related parties
The directors have made various loans to the company that are interest free and repayable on demand. At the 31st May 2024 the directors were owed £158,396 (2023: £158,059).
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).