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REGISTERED NUMBER: 02166645 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JASMAROSE PROPERTIES LIMITED

JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JASMAROSE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr C Antoniou
Mr S J Tristram





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 02166645 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 731 923
Investment property 5 2,100,000 2,900,000
2,100,731 2,900,923

CURRENT ASSETS
Cash at bank and in hand 1,952,526 568,475

CREDITORS
Amounts falling due within one year 6 262,752 46,968
NET CURRENT ASSETS 1,689,774 521,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,790,505

3,422,430

PROVISIONS FOR LIABILITIES 7 - 49,022
NET ASSETS 3,790,505 3,373,408

CAPITAL AND RESERVES
Called up share capital 8 200 2
Fair value reserve 632,128 1,038,492
Retained earnings 3,158,177 2,334,914
SHAREHOLDERS' FUNDS 3,790,505 3,373,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Mr C Antoniou - Director


JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Jasmarose 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts, other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 ) .

JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 8,605 484 9,089
DEPRECIATION
At 1 January 2024 7,691 475 8,166
Charge for year 183 9 192
At 31 December 2024 7,874 484 8,358
NET BOOK VALUE
At 31 December 2024 731 - 731
At 31 December 2023 914 9 923

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 2,900,000
Disposals (800,000 )
At 31 December 2024 2,100,000
NET BOOK VALUE
At 31 December 2024 2,100,000
At 31 December 2023 2,900,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2017 632,128
Cost 1,467,872
2,100,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - 829
Corporation tax payable 233,464 37,090
Other creditors 20,000 -
Rent deposits held 4,850 4,850
Accrued expenses 4,438 4,199
262,752 46,968

JASMAROSE PROPERTIES LIMITED (REGISTERED NUMBER: 02166645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax - 49,022

Deferred
tax
£   
Balance at 1 January 2024 49,022
Provided during year (49,022 )
Balance at 31 December 2024 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
200 Ordinary share £1 200 2
(31.12.23 - 2 )

198 Ordinary share shares of £1 each were allotted and fully paid for cash at par during the year.