Registered number
13308532
JPPK Investments Ltd
Unaudited Filleted Accounts and Notes
For the year ended
30 April 2024
JPPK Investments Ltd
Registered number: 13308532
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,139,212 683,487
Investments 4 138,655 -
1,277,867 683,487
Current assets
Debtors 5 150,397 544
Cash at bank and in hand 8,213 21,924
158,610 22,468
Creditors: amounts falling due within one year 6 (20,562) (648)
Net current assets 138,048 21,820
Total assets less current liabilities 1,415,915 705,307
Creditors: amounts falling due after more than one year 7 (1,432,013) (708,810)
Net liabilities (16,098) (3,503)
Capital and reserves
Called up share capital 100 100
Profit and loss account (16,198) (3,603)
Shareholders' funds (16,098) (3,503)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Pardip Patel
Director
Approved by the board on 31 January 2025
JPPK Investments Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 May 2023 683,487
Additions 455,725
At 30 April 2024 1,139,212
Depreciation
At 30 April 2024 -
Net book value
At 30 April 2024 1,139,212
At 30 April 2023 683,487
Freehold land and buildings: 2024 2023
£ £
Historical cost 1,139,212 683,487
Cumulative depreciation based on historical cost - -
1,139,212 683,487
4 Investments
Other
investments
£
Cost
Additions 138,655
At 30 April 2024 138,655
5 Debtors 2024 2023
£ £
Trade debtors 397 -
Other debtors 150,000 544
150,397 544
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,270 -
Taxation and social security costs 5,333 (870)
Other creditors 12,959 1,518
20,562 648
7 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 1,432,013 708,810
8 Other information
JPPK Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
4 Laurel Park
Harrow
HA3 6AU
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