2023-06-01 NI661239 2024-05-31 NI661239 2023-06-01 2024-05-31 NI661239 2023-05-31 NI661239 2022-06-01 2023-05-31 NI661239 uk-core:WithinOneYear 2023-05-31 NI661239 uk-core:WithinOneYear 2024-05-31 NI661239 uk-core:AfterOneYear 2023-05-31 NI661239 uk-core:AfterOneYear 2024-05-31 NI661239 uk-core:ShareCapital 2024-05-31 NI661239 uk-core:ShareCapital 2023-05-31 NI661239 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 NI661239 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 NI661239 uk-bus:Director1 2023-06-01 2024-05-31 NI661239 uk-core:FurnitureFittings 2023-06-01 2024-05-31 NI661239 uk-core:FurnitureFittings 2023-05-31 NI661239 uk-core:Buildings 2023-05-31 NI661239 uk-core:Buildings 2024-05-31 NI661239 uk-core:FurnitureFittings 2024-05-31 NI661239 uk-core:Buildings 2023-06-01 2024-05-31 NI661239 uk-core:WithinOneYear 2024-05-31 NI661239 uk-core:WithinOneYear 2023-05-31 NI661239 uk-core:AfterOneYear uk-core:Secured 2024-05-31 NI661239 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure NI661239 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 NI661239 uk-bus:FRS102 2023-06-01 2024-05-31 NI661239 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 NI661239 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
JLIM INVESTMENTS LTD
Registered Number:NI661239
For the year ended 31 May 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 May 2024
JLIM INVESTMENTS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI661239
As at 31 May 2024
JLIM INVESTMENTS LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
260,767
261,496
2
260,767
261,496
Current assets
11,232
Cash and cash equivalents
42,112
42,112
11,232
Trade and other payables: amounts falling due within one
year
(53,345)
(75,199)
3
(42,113)
(33,087)
Net current liabilities
Total assets less current liabilities
227,680
219,383
Trade and other payables: amounts falling due after more
than one year
(210,292)
(205,285)
4
22,395
Net assets
9,091
Capital and reserves
Called up share capital
1
1
Retained earnings
22,394
9,090
22,395
9,091
Shareholders' funds
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.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Geoffrey Dougan Director
These financial statements were approved and authorised for issue by the Board on 13 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2024
JLIM INVESTMENTS LTD
Notes to the Financial Statements
Statutory Information
JLIM INVESTMENTS LTD is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI661239.
Registered address:
116 Redrock Road
Armagh
Armagh
BT60 2BN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, 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:
15% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Land and
Buildings
£
£
£
Cost or
valuation
At 01 June 2023
265,945
9,308
256,637
At 31 May 2024
256,637
9,308
265,945
Provision for depreciation and impairment
At 01 June 2023
4,449
4,449
-
Charge for year
729
729
-
At 31 May 2024
5,178
5,178
-
At 31 May 2024
Net book value
256,637
4,130
260,767
At 31 May 2023
256,637
4,859
261,496
2 of 3
5
For the year ended 31 May 2024
JLIM INVESTMENTS LTD
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
5,628
5,628
Trade creditors
800
2,655
Taxation and social security
3,292
1,466
Other creditors
65,479
43,596
75,199
53,345
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
5,285
10,292
Other creditors
200,000
200,000
205,285
210,292
5. Average number of persons employed
During the year the average number of employees was 0
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