Registered number
06389826
Jumbo Faith Investment (UK) Limited
Filleted Accounts
30 June 2024
Jumbo Faith Investment (UK) Limited
Registered number: 06389826
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,078,835 1,078,835
Current assets
Debtors 4 113 -
Cash at bank and in hand 2,214 5,407
2,327 5,407
Creditors: amounts falling due within one year 5 (713,185) (654,609)
Net current liabilities (710,858) (649,202)
Total assets less current liabilities 367,977 429,633
Creditors: amounts falling due after more than one year 6 (32,769) (136,594)
Net assets 335,208 293,039
Capital and reserves
Called up share capital 100 100
Profit and loss account 335,108 292,939
Shareholders' funds 335,208 293,039
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs S F Ma
Director
Approved by the board on 26 February 2025
Jumbo Faith Investment (UK) Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents rent receivable.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation.
No depreciation has been provided in respect of investment properties. The directors consider that the lives and residual values of the properties, based on current valuations, are such that any charges to the profit and loss account would be insignificant.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 July 2023 1,078,835
At 30 June 2024 1,078,835
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 1,078,835
At 30 June 2023 1,078,835
4 Debtors 2024 2023
£ £
Trade debtors 53 -
Other debtors 60 -
113 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 28,577 32,139
Rent deposit 8,000 8,000
Taxation and social security costs 12,444 20,985
Other creditors 664,164 593,485
713,185 654,609
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 32,769 136,594
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years - 51,414
Secured bank loans 61,346 168,733
The bank loans are secured on the company's investment properties.
8 Other information
Jumbo Faith Investment (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
454 Ewell Road
Surbiton
KT6 7EL
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