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REGISTERED NUMBER: 11632035 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

JYW PHOENIX LIMITED

JYW PHOENIX LIMITED (Registered number: 11632035)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JYW PHOENIX LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTOR: T Wang





SECRETARY:





REGISTERED OFFICE: 20 The Furlong
Berry Hill Industrial Estate
Droitwich
WR9 9AH





REGISTERED NUMBER: 11632035 (England and Wales)






JYW PHOENIX LIMITED (Registered number: 11632035)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,258 56,516
Investment property 5 5,221,472 5,221,472
5,249,730 5,277,988

CURRENT ASSETS
Debtors 6 11,612 -
Cash at bank and in hand 3,020 14,963
14,632 14,963
CREDITORS
Amounts falling due within one year 7 4,820,099 4,561,355
NET CURRENT LIABILITIES (4,805,467 ) (4,546,392 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,263

731,596

CREDITORS
Amounts falling due after more than one
year

8

-

388,427
NET ASSETS 444,263 343,169

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 444,261 343,167
SHAREHOLDERS' FUNDS 444,263 343,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JYW PHOENIX LIMITED (Registered number: 11632035)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 January 2025 and were signed by:





T Wang - Director


JYW PHOENIX LIMITED (Registered number: 11632035)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

JYW PHOENIX LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was NIL (2023 - NIL).

JYW PHOENIX LIMITED (Registered number: 11632035)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 141,290
DEPRECIATION
At 1 May 2023 84,774
Charge for year 28,258
At 30 April 2024 113,032
NET BOOK VALUE
At 30 April 2024 28,258
At 30 April 2023 56,516

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 5,221,472
NET BOOK VALUE
At 30 April 2024 5,221,472
At 30 April 2023 5,221,472

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 11,612 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 424,714 126,204
Trade creditors 161,024 -
Taxation and social security 89,228 85,395
Other creditors 4,145,133 4,349,756
4,820,099 4,561,355

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 388,427

JYW PHOENIX LIMITED (Registered number: 11632035)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.24 30.4.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 136,019