2023-06-01 2024-05-31 false Capium Accounts Production 1.1 13419186 2023-06-01 2024-05-31 13419186 bus:AbridgedAccounts 2023-06-01 2024-05-31 13419186 bus:FRS102 2023-06-01 2024-05-31 13419186 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13419186 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13419186 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13419186 2023-06-01 2024-05-31 13419186 2024-05-31 13419186 bus:RegisteredOffice 2023-06-01 2024-05-31 13419186 core:WithinOneYear 2024-05-31 13419186 core:AfterOneYear 2024-05-31 13419186 1 2023-06-01 2024-05-31 13419186 bus:Director1 2023-06-01 2024-05-31 13419186 bus:Director1 2024-05-31 13419186 bus:Director1 2022-06-01 2023-05-31 13419186 2022-06-01 13419186 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 13419186 2022-06-01 2023-05-31 13419186 2023-05-31 13419186 core:WithinOneYear 2023-05-31 13419186 core:AfterOneYear 2023-05-31 13419186 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 13419186 core:FurnitureFittings 2023-06-01 2024-05-31 13419186 core:FurnitureFittings 2024-05-31 13419186 core:FurnitureFittings 2023-05-31 13419186 core:InvestmentProperties 2023-06-01 2024-05-31 13419186 core:InvestmentProperties 2024-05-31 13419186 core:InvestmentProperties 2023-05-31 13419186 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 13419186 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 13419186 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 13419186 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 13419186 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 13419186 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 13419186 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 13419186 core:Non-currentFinancialInstruments 2024-05-31 13419186 core:Non-currentFinancialInstruments 2023-05-31 13419186 core:ShareCapital 2024-05-31 13419186 core:ShareCapital 2023-05-31 13419186 core:RetainedEarningsAccumulatedLosses 2024-05-31 13419186 core:RetainedEarningsAccumulatedLosses 2023-05-31 13419186 dpl:Item1 2023-06-01 13419186 dpl:Item1 2024-05-31 13419186 dpl:Item1 2022-06-01 13419186 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13419186
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 May 2024

for

JPMPI LIMITED

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JPMPI Limited for the year ended 31 May 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ .

This report is made solely to the Board of Directors of JPMPI Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of JPMPI Limited and state those matters that we have agreed to state to the Board of Directors of JPMPI Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JPMPI Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that JPMPI 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 JPMPI Limited. You consider that JPMPI 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 JPMPI 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 ended 31 May 2024.


Campbell Accountancy Limited - Chartered Certified Accountants
Old Chapel
The Green
Lower Boddington
Northamptonshire
NN11 6YE
10 February 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 565,879    471,901 
565,879    471,901 
Current assets      
Cash at bank and in hand (12,446)   7,027 
Creditors: amount falling due within one year (260,135)   (171,900)
Net current assets (272,581)   (164,873)
 
Total assets less current liabilities 293,298    307,028 
Creditors: amount falling due after more than one year (315,975)   (313,975)
Net assets (22,677)   (6,947)
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (22,678)   (6,948)
Shareholders' funds (22,677)   (6,947)
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 10 February 2025 and were signed by:


-------------------------------
John Martin
Director
2
General Information
JPMPI Limited is a private company, limited by shares, registered in England and Wales, registration number 13419186, registration address Flat 16 Baddiel House, 5 Oberman Road, London, NW10 1DT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Going concern basis
The directors believe that the company is experiencing good levels of rental income and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of rents receivable.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery etc 5
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Plant and machinery etc   Total
  £   £   £
At 01 June 2023 471,901      471,901 
Additions 77,953    18,142    96,095 
Disposals    
At 31 May 2024 549,854    18,142    567,996 
Depreciation
At 01 June 2023    
Charge for year   2,117    2,117 
On disposals    
At 31 May 2024   2,117    2,117 
Net book values
Closing balance as at 31 May 2024 549,854    16,025    565,879 
Opening balance as at 01 June 2023 471,901      471,901 


3