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Company Registration No. 11020442 (England and Wales)
J Property Management Limited Unaudited accounts for the year ended 31 October 2024
J Property Management Limited Unaudited accounts Contents
Page
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J Property Management Limited Company Information for the year ended 31 October 2024
Directors
Miss Jessica Lauren Hall URBAN STORAGE & LIVING LTD
Company Number
11020442 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR UNITED KINGDOM
Accountants
Admin4You Ltd 61 Bridge Street Kington HR5 3DJ
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J Property Management Limited Accountants' report
Accountants' report to the board of directors of J Property Management Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J Property Management Limited for the year ended 31 October 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of J Property Management Limited, as a body, in accordance with the terms of our engagement letter dated 6 July 2018. Our work has been undertaken solely to prepare for your approval the accounts of J Property Management Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J Property Management Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that J Property Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of J Property Management Limited. You consider that J Property Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of J Property Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Admin4You Ltd 61 Bridge Street Kington HR5 3DJ 28 January 2025
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J Property Management Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,800 
7,359 
Current assets
Debtors
16,945 
12,346 
Cash at bank and in hand
20,048 
16,694 
36,993 
29,040 
Creditors: amounts falling due within one year
(11,053)
(22,161)
Net current assets
25,940 
6,879 
Total assets less current liabilities
31,740 
14,238 
Creditors: amounts falling due after more than one year
(3,992)
(4,075)
Net assets
27,748 
10,163 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,648 
10,063 
Shareholders' funds
27,748 
10,163 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by
Miss Jessica Lauren Hall Director Company Registration No. 11020442
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J Property Management Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
J Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11020442. The registered office is 7 Bell Yard, London, WC2A 2JR, UNITED KINGDOM.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
2,232 
13,109 
15,341 
At 31 October 2024
2,232 
13,109 
15,341 
Depreciation
At 1 November 2023
1,251 
6,731 
7,982 
Charge for the year
207 
1,352 
1,559 
At 31 October 2024
1,458 
8,083 
9,541 
Net book value
At 31 October 2024
774 
5,026 
5,800 
At 31 October 2023
981 
6,378 
7,359 
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J Property Management Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,254 
5,655 
Other debtors
6,691 
6,691 
16,945 
12,346 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,647 
7,905 
Trade creditors
300 
1,023 
Taxes and social security
5,991 
2,969 
Other creditors
3,115 
10,264 
11,053 
22,161 
Other Creditors: £3115 Rents collected on behalf of Landlords and paid to Landlords or used towards property repairs and maintenance on behalf of the Landlord after 31st October 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,992 
4,075 
Bounce Back Loan Received 17.05.2020 Funding Circle Loan Received 14.09.2022 - £9000 - Paid in full 09.07.2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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