REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7th July 2023 to 31st July 2024 |
for |
Jimcat Investments Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7th July 2023 to 31st July 2024 |
for |
Jimcat Investments Ltd |
Jimcat Investments Ltd (Registered number: 14987951) |
Contents of the Financial Statements |
for the Period 7th July 2023 to 31st July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Jimcat Investments Ltd |
Company Information |
for the Period 7th July 2023 to 31st July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
34 - 35 Clarges Street |
Mayfair |
London |
W1J 7EJ |
Jimcat Investments Ltd (Registered number: 14987951) |
Balance Sheet |
31st July 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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 were approved by the Board of Directors and authorised for issue on |
Jimcat Investments Ltd (Registered number: 14987951) |
Notes to the Financial Statements |
for the Period 7th July 2023 to 31st July 2024 |
1. | STATUTORY INFORMATION |
Jimcat Investments Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is initially recognised at its purchase price. It is subsequently measured at fair value at each reporting date, with changes in fair value recognised in profit or loss. Fair value is derived from the current market rents and investment property yields for comparable properties |
Financial instruments |
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors. |
Taxation |
Taxation for the period 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 period 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 period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31st July 2024 |
NET BOOK VALUE |
At 31st July 2024 |
Jimcat Investments Ltd (Registered number: 14987951) |
Notes to the Financial Statements - continued |
for the Period 7th July 2023 to 31st July 2024 |
4. | INVESTMENT PROPERTY - continued |
Contracts were exchanged on the property in October 2023. Completion is due to take place post period end in March 2025. The exchange of contracts is legally binding, the company has an entitlement to the property and a financial obligation to pay for it. The full cost of the property is therefore recognised at the balance sheet date, with the outstanding amount to be paid shown in other creditors. |
The directors consider the fair value of the property at the year end to be its purchase price. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |