COMPANY REGISTRATION NUMBER:
14480419
Jagger Green Properties Ltd |
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Filleted Unaudited Abridged Financial Statements |
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Jagger Green Properties Ltd |
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Abridged Financial Statements |
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Year ended 30 November 2024
Chartered accountant report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
1 |
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Abridged statement of financial position |
2 to 3 |
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Notes to the abridged financial statements |
4 to 6 |
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Jagger Green Properties Ltd |
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Chartered Accountant Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
Jagger Green Properties Ltd |
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Year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the abridged financial statements of Jagger Green Properties Ltd for the year ended 30 November 2024, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given me. As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Jagger Green Properties Ltd, as a body, in accordance with the terms of my engagement letter dated 9 January 2024. My work has been undertaken solely to prepare for your approval the abridged financial statements of Jagger Green Properties Ltd and state those matters that I have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Jagger Green Properties Ltd and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that Jagger Green Properties Ltd has kept adequate accounting records and to prepare statutory abridged financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jagger Green Properties Ltd. You consider that Jagger Green Properties Ltd is exempt from the statutory audit requirement for the year. I have not been instructed to carry out an audit or a review of the abridged financial statements of Jagger Green Properties Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory abridged financial statements.
CRAWLEY & CO
Chartered Accountant
163 Holland Street
Denton
Manchester
M34 3GE
13 February 2025
Jagger Green Properties Ltd |
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Abridged Statement of Financial Position |
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30 November 2024
Fixed assets
Tangible assets |
5 |
3,331,736 |
409,233 |
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|
|
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Current assets
Debtors |
1,100 |
– |
Cash at bank and in hand |
20,781 |
20,179 |
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-------- |
-------- |
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21,881 |
20,179 |
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Creditors: amounts falling due within one year |
3,352,465 |
442,747 |
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------------ |
--------- |
Net current liabilities |
3,330,584 |
422,568 |
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------------ |
--------- |
Total assets less current liabilities |
1,152 |
(
13,335) |
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------- |
-------- |
Net assets/(liabilities) |
1,152 |
(
13,335) |
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------- |
-------- |
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Capital and reserves
Called up share capital |
100 |
100 |
Profit and loss account |
1,052 |
(
13,435) |
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------- |
-------- |
Shareholders funds/(deficit) |
1,152 |
(
13,335) |
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------- |
-------- |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.
Jagger Green Properties Ltd |
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Abridged Statement of Financial Position (continued) |
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30 November 2024
These abridged financial statements were approved by the
board of directors
and authorised for issue on
13 February 2025
, and are signed on behalf of the board by:
Company registration number:
14480419
Jagger Green Properties Ltd |
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Notes to the Abridged Financial Statements |
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Year ended 30 November 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Holly Tree Farm, Jagger Green Lane, Jagger Green, Halifax, West Yorkshire, HX4 9DE, England.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Tools and equipment |
- |
15% reducing balance |
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Fixtures and fittings |
- |
15% reducing balance |
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Motor vehicles |
- |
25% reducing balance |
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Office equipment |
- |
33% straight line |
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4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2023:
2
).
5.
Tangible assets
|
£ |
Cost |
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At 1 December 2023 |
416,293 |
Additions |
2,929,038 |
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------------ |
At 30 November 2024 |
3,345,331 |
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Depreciation |
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At 1 December 2023 |
7,060 |
Charge for the year |
6,535 |
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At 30 November 2024 |
13,595 |
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Carrying amount |
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At 30 November 2024 |
3,331,736 |
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At 30 November 2023 |
409,233 |
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6.
Related party transactions
The company is controlled by
J Marshall
by virtue of his controlling interest.