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Registered number: 12193080
Jny Capital Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12193080
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,316 1,060
Investment Properties 5 1,674,141 1,286,812
1,711,457 1,287,872
CURRENT ASSETS
Debtors 6 348,461 427,205
Cash at bank and in hand 31,623 17,481
380,084 444,686
Creditors: Amounts Falling Due Within One Year 7 (456,981 ) (704,008 )
NET CURRENT ASSETS (LIABILITIES) (76,897 ) (259,322 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,634,560 1,028,550
Creditors: Amounts Falling Due After More Than One Year 8 (1,149,117 ) (616,406 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,678 ) (30,677 )
NET ASSETS 454,765 381,467
CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 12 130,785 130,785
Profit and Loss Account 323,978 250,680
SHAREHOLDERS' FUNDS 454,765 381,467
Page 1
Page 2
For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Joana Neza
Director
05/02/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Jny Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12193080 . The registered office is 14 Trent Gardens, London, N14 4PY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% RBM
Fixtures & Fittings 20% RBM
Computer Equipment 20% RBM
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 - 279 930 1,209
Additions 44,194 430 - 44,624
As at 30 September 2024 44,194 709 930 45,833
Depreciation
As at 1 October 2023 - 9 140 149
Provided during the period 8,102 108 158 8,368
As at 30 September 2024 8,102 117 298 8,517
Net Book Value
As at 30 September 2024 36,092 592 632 37,316
As at 1 October 2023 - 270 790 1,060
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 1,286,812
Additions 387,329
As at 30 September 2024 1,674,141
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6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 114 -
Deposit Protection account 7,427 9,754
Amounts owed by related parties - 307,531
Amounts owed by group undertakings 340,920 109,920
348,461 427,205
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,432 -
Corporation tax 11,164 12,969
Other creditors 283,765 333,765
Deposits 32,027 9,754
Accruals and deferred income 6,750 -
Directors' loan accounts 117,783 293,520
Amounts owed to related parties 60 54,000
456,981 704,008
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 30,281 -
Bank loans 1,118,836 616,406
1,149,117 616,406
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 1,118,834 -
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,432 -
Later than one year and not later than five years 30,281 -
35,713 -
35,713 -
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
12. Reserves
Fair Value Reserve
£
As at 1 October 2023 130,785
As at 30 September 2024 130,785
13. Related Party Transactions
JNY Holdings LimitedSubsidiary CompanyIncluded in amounts owed from group is a loan of £340,920.09(2023: £109,920.09) from JNY Holdings Limited, the subsidiary company of JNY Capital.

JNY Holdings Limited

Subsidiary Company

Included in amounts owed from group is a loan of £340,920.09(2023: £109,920.09) from JNY Holdings Limited, the subsidiary company of JNY Capital.

GNY Investment LimitedIntercompanyIncluded in amounts owed to related parties is a loan of £60.06 (2023: £307,530.94) from GNY Investment Limited, a company in which Ylli and Joana Neza are both also director shareholders.

GNY Investment Limited

Intercompany

Included in amounts owed to related parties is a loan of £60.06 (2023: £307,530.94) from GNY Investment Limited, a company in which Ylli and Joana Neza are both also director shareholders.

Lotus Real Estate LimitedIntercompanyIncluded in amounts owed to related parties is a loan of £0 (2023: £54,000) from Lotus Real Estate Limited, a company in which Ylli and Joana Neza are both also director shareholders. This loan is been fully repaid during the current year.

Lotus Real Estate Limited

Intercompany

Included in amounts owed to related parties is a loan of £0 (2023: £54,000) from Lotus Real Estate Limited, a company in which Ylli and Joana Neza are both also director shareholders. This loan is been fully repaid during the current year.

14. Ultimate Controlling Party
The company's has no ultimate controlling party due to the ownership of the issued share capital in the company being evenly split.
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