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REGISTERED NUMBER: 14070554 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2024

for

JAEC Properties Limited

JAEC Properties Limited (Registered number: 14070554)






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


JAEC Properties Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: K P Clark





REGISTERED OFFICE: Unit L, Radford Business Centre
Radford Way
Billericay
Essex
CM12 0BZ





REGISTERED NUMBER: 14070554 (England and Wales)






JAEC Properties Limited (Registered number: 14070554)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,044,305 999,324
Investments 5 27 -
1,044,332 999,324

CURRENT ASSETS
Debtors 6 3,345 -
Cash at bank and in hand 3,848 11,419
7,193 11,419
CREDITORS
Amounts falling due within one year 7 1,065,510 1,019,571
NET CURRENT LIABILITIES (1,058,317 ) (1,008,152 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,985 ) (8,828 )

PROVISIONS FOR LIABILITIES - 1,714
NET LIABILITIES (13,985 ) (10,542 )

CAPITAL AND RESERVES
Called up share capital 200 100
Retained earnings (14,185 ) (10,642 )
(13,985 ) (10,542 )

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.

JAEC Properties Limited (Registered number: 14070554)

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 29 January 2025 and were signed by:





K P Clark - Director


JAEC Properties Limited (Registered number: 14070554)

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

1. STATUTORY INFORMATION

JAEC Properties 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 as modified by the revaluation of certain assets.

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 reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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).

JAEC Properties Limited (Registered number: 14070554)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 999,231 117 999,348
Revaluations 45,000 - 45,000
At 30 April 2024 1,044,231 117 1,044,348
DEPRECIATION
At 1 May 2023 - 24 24
Charge for year - 19 19
At 30 April 2024 - 43 43
NET BOOK VALUE
At 30 April 2024 1,044,231 74 1,044,305
At 30 April 2023 999,231 93 999,324

Cost or valuation at 30 April 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 1,044,231 117 1,044,348

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 27
At 30 April 2024 27
NET BOOK VALUE
At 30 April 2024 27

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 3,345 -

JAEC Properties Limited (Registered number: 14070554)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed to associates 1,064,670 1,018,731
Other creditors 840 840
1,065,510 1,019,571