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REGISTERED NUMBER: 12048416 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Jadie James Ltd

Jadie James Ltd (Registered number: 12048416)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jadie James Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs J D James
Mr T N D James





REGISTERED OFFICE: 4 Rennocks Close
Quorn
Loughborough
Leicestershire
LE12 8WZ





REGISTERED NUMBER: 12048416 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Jadie James Ltd (Registered number: 12048416)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 431,000 420,000

CURRENT ASSETS
Cash at bank 1,616 2,688

CREDITORS
Amounts falling due within one year 5 321,388 320,621
NET CURRENT LIABILITIES (319,772 ) (317,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,228

102,067

CAPITAL AND RESERVES
Called up share capital 6 2 2
Revaluation reserve 7 127,587 116,587
Retained earnings (16,361 ) (14,522 )
SHAREHOLDERS' FUNDS 111,228 102,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 21 January 2025 and were signed on its behalf by:



Mr T N D James - Director


Jadie James Ltd (Registered number: 12048416)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Jadie James Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
The investment property was valued on 30th June 2024 by the directors.

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 ) .

Jadie James Ltd (Registered number: 12048416)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 420,000
Revaluations 11,000
At 30 June 2024 431,000
NET BOOK VALUE
At 30 June 2024 431,000
At 30 June 2023 420,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2022 44,000
Valuation in 2023 26,000
Valuation in 2024 11,000
Cost 350,000
431,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 216,980 216,980
Other creditors 104,408 103,641
321,388 320,621

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Revaluation
reserve
£   
At 1 July 2023 116,587
Fair value reserve 11,000

At 30 June 2024 127,587

Jadie James Ltd (Registered number: 12048416)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £16,058 (2023: £15,599) due to Mr & Mrs T James. The amounts due to the directors are interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling parties are Mr T James and Mrs J James the directors of the company who own an equal 50% share of the issued share capital.