Company Registration No. 14658210 (England and Wales)
JPC 50 Torridon Limited
Unaudited accounts
for the period from 13 February 2023 to 29 February 2024
JPC 50 Torridon Limited
Unaudited accounts
Contents
JPC 50 Torridon Limited
Company Information
for the period from 13 February 2023 to 29 February 2024
Directors
J P Conaty
N P Fenesan
Company Number
14658210 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
JPC 50 Torridon Limited
Statement of financial position
as at 29 February 2024
Investment property
704,751
Cash at bank and in hand
2,931
Creditors: amounts falling due within one year
(222,191)
Net current liabilities
(219,260)
Total assets less current liabilities
485,491
Creditors: amounts falling due after more than one year
(522,373)
Called up share capital
100
Profit and loss account
(36,982)
Shareholders' funds
(36,882)
For the period ending 29 February 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 22 January 2025 and were signed on its behalf by
J P Conaty
Director
Company Registration No. 14658210
JPC 50 Torridon Limited
Notes to the Accounts
for the period from 13 February 2023 to 29 February 2024
JPC 50 Torridon Limited is a private company, limited by shares, registered in England and Wales, registration number 14658210. The registered office is 123 Cross Lane East, Gravesend, Kent , DA12 5HA.
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 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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
At 29 February 2024
704,751
5
Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
168,741
Loans from directors
52,950
6
Creditors: amounts falling due after more than one year
2024
7
Average number of employees
During the period the average number of employees was 2.