Company Registration No. 13280464 (England and Wales)
J2 Property Ltd
Unaudited accounts
for the year ended 31 March 2024
J2 Property Ltd
Unaudited accounts
Contents
J2 Property Ltd
Company Information
for the year ended 31 March 2024
Company Number
13280464 (England and Wales)
Registered Office
AVICENNA HOUSE
258-262 ROMFORD ROAD
LONDON
E7 9HZ
ENGLAND
Accountants
Cadbury and Jones
Avicenna House
258-262 Romford Road
London
E7 9HZ
J2 Property Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
1,271,449
629,970
Cash at bank and in hand
42
787
Creditors: amounts falling due within one year
(84,160)
(185,589)
Net current liabilities
(84,118)
(184,802)
Total assets less current liabilities
1,187,331
445,168
Creditors: amounts falling due after more than one year
(1,442,998)
(445,068)
Net (liabilities)/assets
(255,667)
100
Called up share capital
100
100
Profit and loss account
(255,767)
-
Shareholders' funds
(255,667)
100
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
R Fernando
Director
Company Registration No. 13280464
J2 Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
J2 Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13280464. The registered office is AVICENNA HOUSE, 258-262 ROMFORD ROAD, LONDON, E7 9HZ, ENGLAND.
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 remained unchanged from the previous year, and also 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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
629,970
-
629,970
Additions
640,646
833
641,479
At 31 March 2024
1,270,616
833
1,271,449
At 31 March 2024
1,270,616
833
1,271,449
At 31 March 2023
629,970
-
629,970
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
130
130
Loans from directors
99,792
185,459
J2 Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,082,598
445,068
Obligations under finance leases and hire purchase contracts
360,400
-
Mortgage on freehold land and buildings £445,068 (2022: £0)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).