Registered Number:05112613 |
For the year ended 30 September 2024
England and Wales
Report of the Directors and Financial Statements
For the year ended 30 September 2024
JVM Properties Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
JVM Properties Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
273
341
2
3
770,000
770,000
770,273
770,341
Trade and other receivables |
13,173
10,044
4
25
Cash and cash equivalents |
1,699
11,743
13,198
Trade and other payables: amounts falling due within one |
year |
(24,214)
(24,918)
5
(11,016)
(13,175)
Net current liabilities
Total assets less current liabilities |
757,098
759,325
Trade and other payables: amounts falling due after more |
than one year |
(375,108)
(380,108)
6
(23,736)
(50,489)
Provisions for liabilities |
353,254
Net assets
333,728
100
100
353,154
333,628
353,254
333,728
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. |
These financial statements were approved and authorised for issue by the Board on 21 January 2025 and were signed by: |
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For the year ended 30 September 2024
JVM Properties Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 September 2024
JVM Properties Limited
Notes to the Financial Statements
Statutory Information
JVM Properties Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05112613. |
Bridgewater House, Top Floor
866 - 868 Uxbridge Road
Hayes
UB4 0RR
The presentation currency is £ sterling. |
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 represents rents receivable.
Property, plant and equipment
Tangible fixed assets, 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: |
Fixtures and fittings
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. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 September 2024
JVM Properties Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
4,691
4,691
Provision for depreciation and impairment |
4,350
Charge for year
68
4,418
273
341
In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as |
follows: |
473,007
473,007
Net historical cost value: |
473,007
770,000
770,000
770,000
770,000
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For the year ended 30 September 2024
JVM Properties Limited
Notes to the Financial Statements Continued
4. Trade and other receivables |
2023
2024
Amounts owed by group undertakings and participating interests |
8,950
-
1,094
13,173
13,173
10,044
The debtors above include the following amounts falling due after more than one year: |
Amounts owed by group undertakings and participating interests |
8,950
-
5. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
15,675
12,663
9,243
11,551
24,918
24,214
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
375,108
375,108
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
5,000
-
380,108
375,108
7. Average number of persons employed |
During the year the average number of employees was 0
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