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REGISTERED NUMBER: 08391295 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Jo-Ru Properties Limited

Jo-Ru Properties Limited (Registered number: 08391295)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jo-Ru Properties Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr J Feldman
Ms R Gould





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 08391295 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Jo-Ru Properties Limited (Registered number: 08391295)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £ £ £ £
FIXED ASSETS
Investment property 4 678,433 678,433

CURRENT ASSETS
Debtors 5 1,269,739 163,621
Investments 6 5,296,501 6,080,648
Cash at bank 3,204,623 3,528,911
9,770,863 9,773,180
CREDITORS
Amounts falling due within one year 7 10,134,814 10,108,616
NET CURRENT LIABILITIES (363,951 ) (335,436 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,482

342,997

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 314,382 342,897
SHAREHOLDERS' FUNDS 314,482 342,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





Ms R Gould - Director


Jo-Ru Properties Limited (Registered number: 08391295)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Jo-Ru Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company has elected to apply the provisions of Section 11 ' Basic Financial Instrument' and Section 12 ' Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial Instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Jo-Ru Properties Limited (Registered number: 08391295)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 March 2023
and 29 February 2024 678,433
NET BOOK VALUE
At 29 February 2024 678,433
At 28 February 2023 678,433

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£ £
Trade debtors 455,000 -
Other debtors 814,739 163,621
1,269,739 163,621

6. CURRENT ASSET INVESTMENTS
29.2.24 28.2.23
£ £
Listed investments 883,522 994,111
Other 4,412,979 5,086,537
5,296,501 6,080,648

The market value of all current asset investments as at the balance sheet date was £6,654,251 (2023:£6,337,290) as per the information provided by Portfolio Management.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£ £
Trade creditors (2 ) -
Taxation and social security 80,322 64,622
Other creditors 10,054,494 10,043,994
10,134,814 10,108,616

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £ £
100 Ordinary 1 100 100