2023-10-01 04552533 2024-09-30 04552533 2023-10-01 2024-09-30 04552533 2023-09-30 04552533 2022-10-01 2023-09-30 04552533 uk-core:WithinOneYear 2023-09-30 04552533 uk-core:WithinOneYear 2024-09-30 04552533 uk-core:AfterOneYear 2023-09-30 04552533 uk-core:AfterOneYear 2024-09-30 04552533 uk-core:ShareCapital 2024-09-30 04552533 uk-core:ShareCapital 2023-09-30 04552533 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 04552533 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 04552533 uk-bus:Director1 2023-10-01 2024-09-30 04552533 uk-core:FurnitureFittings 2023-10-01 2024-09-30 04552533 uk-core:AfterOneYear uk-core:Secured 2024-09-30 04552533 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure 04552533 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04552533 uk-bus:FRS102 2023-10-01 2024-09-30 04552533 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 04552533 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
JVC Investments Ltd
Registered Number:04552533
For the year ended 30 September 2024
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 30 September 2024
JVC Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04552533
As at 30 September 2024
JVC Investments Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
206
258
2
3
250,000
250,000
Investment property
250,206
250,258
Current assets
Trade and other receivables
36,262
40,731
4
1,354
Cash and cash equivalents
939
41,670
37,616
Trade and other payables: amounts falling due within one
year
(2,626)
(6,182)
5
34,990
35,488
Net current assets
Total assets less current liabilities
285,694
285,248
Trade and other payables: amounts falling due after more
than one year
(200,720)
(196,378)
6
(6,349)
(6,349)
Provisions for liabilities
82,967
Net assets
78,179
Capital and reserves
Called up share capital
100
100
Retained earnings
82,867
78,079
82,967
78,179
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr M S Makkar Director
These financial statements were approved and authorised for issue by the Board on 21 January 2025 and were signed by:
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4
Registered Number :
04552533
For the year ended 30 September 2024
JVC Investments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 September 2024
JVC Investments Ltd
Notes to the Financial Statements
Statutory Information
JVC Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04552533.
Registered address:
Top Floor, Bridgewater House
866 - 868 Uxbridge Road
Hayes, Middlesex
UB4 0RR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Fixtures and fittings
The company''s freehold properties were professionally valued in 0. This valuation has been reduced by subsequent
depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective
January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that
valuation has not been updated.
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is
likely that there has been a material change in value.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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.
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6
For the year ended 30 September 2024
JVC Investments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 October 2023
2,928
At 30 September 2024
2,928
Provision for depreciation and impairment
At 01 October 2023
2,670
Charge for year
52
At 30 September 2024
2,722
At 30 September 2024
Net book value
206
At 30 September 2023
258
3. Investment property
Total
£
Fair value
At 01 October 2023
250,000
At 30 September 2024
250,000
Net book value
At 30 September 2024
250,000
At 30 September 2023
250,000
4. Trade and other receivables
2023
2024
£
£
Amounts owed by group undertakings and participating interests
40,554
36,021
Other debtors
177
241
36,262
40,731
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
40,554
-
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7
For the year ended 30 September 2024
JVC Investments Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
1,559
-
Other creditors
4,623
2,626
6,182
2,626
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
15,776
20,118
Bank loans and overdraft (secured)
180,602
180,602
196,378
200,720
7. Average number of persons employed
During the year the average number of employees was 0
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