Registered number
09138524
JAD Investments Limited
Unaudited Filleted Accounts
For The Year Ended
31 July 2024
JAD Investments Limited
Registered number: 09138524
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 882,454 715,308
Current assets
Cash at bank and in hand 84,001 266,325
Creditors: amounts falling due within one year 4 (358,006) (408,994)
Net current liabilities (274,005) (142,669)
Net assets 608,449 572,639
Capital and reserves
Called up share capital 100 100
Profit and loss account 608,349 572,539
Shareholders' funds 608,449 572,639
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.
Jamie Salvadori
Director
Approved by the board on 20 March 2025
JAD Investments Limited
Notes to the Accounts
for the year ended 31 July 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 the gross value of rents receiveable.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings charge 0.5% of cost or valuation per annum
Leasehold land and buildings over the term of the lease
Fixtures, fittings, tools and equipment 25% per annum of the net book value
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 August 2023 718,942 27,294 746,236
Additions 172,487 1,603 174,090
At 31 July 2024 891,429 28,897 920,326
Depreciation
At 1 August 2023 23,913 7,015 30,928
Charge for the year 4,457 2,487 6,944
At 31 July 2024 28,370 9,502 37,872
Net book value
At 31 July 2024 863,059 19,395 882,454
At 31 July 2023 695,029 20,279 715,308
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 10,816 69,493
Other creditors 347,190 339,501
358,006 408,994
5 Controlling party
The directors are of the opinion that there is no controlling party.
6 Other information
JAD Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
53 Wisbech Road
Thorney
Peterborough
PE6 0SA
JAD Investments Limited 09138524 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 Jamie Salvadori No description of principal activity 09138524 2022-08-01 2023-07-31 09138524 core:WithinOneYear 2023-07-31 09138524 core:ShareCapital 2023-07-31 09138524 core:RetainedEarningsAccumulatedLosses 2023-07-31 09138524 2023-08-01 2024-07-31 09138524 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09138524 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09138524 bus:Director40 2023-08-01 2024-07-31 09138524 1 2023-08-01 2024-07-31 09138524 2 2023-08-01 2024-07-31 09138524 core:LandBuildings 2023-08-01 2024-07-31 09138524 core:PlantMachinery 2023-08-01 2024-07-31 09138524 countries:England 2023-08-01 2024-07-31 09138524 bus:FRS102 2023-08-01 2024-07-31 09138524 bus:FilletedAccounts 2023-08-01 2024-07-31 09138524 2024-07-31 09138524 core:WithinOneYear 2024-07-31 09138524 core:ShareCapital 2024-07-31 09138524 core:RetainedEarningsAccumulatedLosses 2024-07-31 09138524 core:LandBuildings 2024-07-31 09138524 core:PlantMachinery 2024-07-31 09138524 2023-07-31 09138524 core:LandBuildings 2023-07-31 09138524 core:PlantMachinery 2023-07-31 iso4217:GBP xbrli:pure