Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-052024-04-05The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-062The principal activity of the company was that of a property investment company.false2truetruefalse 10773342 2023-04-06 2024-04-05 10773342 2022-04-06 2023-04-05 10773342 2024-04-05 10773342 2023-04-05 10773342 c:Director2 2023-04-06 2024-04-05 10773342 d:FurnitureFittings 2023-04-06 2024-04-05 10773342 d:FurnitureFittings 2024-04-05 10773342 d:FurnitureFittings 2023-04-05 10773342 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 10773342 d:LeaseholdInvestmentProperty 2023-04-06 2024-04-05 10773342 d:LeaseholdInvestmentProperty 2024-04-05 10773342 d:LeaseholdInvestmentProperty 2023-04-05 10773342 d:CurrentFinancialInstruments 2024-04-05 10773342 d:CurrentFinancialInstruments 2023-04-05 10773342 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 10773342 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 10773342 d:ShareCapital 2024-04-05 10773342 d:ShareCapital 2023-04-05 10773342 d:RetainedEarningsAccumulatedLosses 2024-04-05 10773342 d:RetainedEarningsAccumulatedLosses 2023-04-05 10773342 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-04-05 10773342 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-04-05 10773342 c:OrdinaryShareClass1 2023-04-06 2024-04-05 10773342 c:OrdinaryShareClass1 2024-04-05 10773342 c:OrdinaryShareClass1 2023-04-05 10773342 c:FRS102 2023-04-06 2024-04-05 10773342 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 10773342 c:FullAccounts 2023-04-06 2024-04-05 10773342 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 10773342 e:PoundSterling 2023-04-06 2024-04-05 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10773342









JAYACEE INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2024

 
JAYACEE INVESTMENTS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
JAYACEE INVESTMENTS LIMITED
REGISTERED NUMBER: 10773342

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
79,264
119,982

Investment property
 5 
9,223,223
9,216,743

  
9,302,487
9,336,725

Current assets
  

Debtors: amounts falling due within one year
 6 
40,219
36,265

Cash at bank and in hand
 7 
89,666
28,683

  
129,885
64,948

Creditors: amounts falling due within one year
 8 
(9,489,566)
(9,491,841)

Net current liabilities
  
 
 
(9,359,681)
 
 
(9,426,893)

Total assets less current liabilities
  
(57,194)
(90,168)

  

Net liabilities
  
(57,194)
(90,168)


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(57,294)
(90,268)

  
(57,194)
(90,168)


Page 1

 
JAYACEE INVESTMENTS LIMITED
REGISTERED NUMBER: 10773342
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

................................................
J Thorpe
Director

Date: 24 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JAYACEE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

Jayacee Investments Limited ("the company") is a private company, limited by shares, incorporated in England and Wales with a registration number of 10773342. The registered office address is Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support of the shareholder, who has confirmed that they will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing of the financial statements of the company. 

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of rental income receivable in respect of the period. It is recognised when it is probable that the economic benefits will flow to the company and the revenue can be measured reliably.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Furniture, fixtures and fittings
-
20%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
JAYACEE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.5

Investment properties

Investment properties are carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment.
Basic financial liabilities, which include trade and other payables and other loans are initially measured at their transaction price.
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. 
Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

  
2.10

Related party exemption

The company has taken advantage of the exemption under Financial Reporting Standard 102, not to disclose transactions with wholly owned subsidiaries within the group.

Page 4

 
JAYACEE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Furniture, fixtures and fittings

£



Cost


At 6 April 2023
253,305


Additions
10,370



At 5 April 2024

263,675



Depreciation


At 6 April 2023
133,323


Charge for the year on owned assets
51,088



At 5 April 2024

184,411



Net book value



At 5 April 2024
79,264



At 5 April 2023
119,982

Page 5

 
JAYACEE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

5.


Investment properties


Freehold investment properties

£



Valuation


At 6 April 2023
9,216,743


Additions at cost
6,480



At 5 April 2024
9,223,223

The directors consider the fair value of the investment properties to be the same as the cost of £9,223,223 on an existing use basis at 5 April 2024.







6.


Debtors

2024
2023
£
£


Trade debtors
3,941
-

Other debtors
32,220
4,600

Prepayments and accrued income
4,058
31,665

40,219
36,265



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
89,666
28,683


Page 6

 
JAYACEE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,195
13,747

Amounts owed to group undertakings
9,454,442
9,446,549

Other creditors
7,060
7,060

Accruals and deferred income
26,869
24,485

9,489,566
9,491,841



9.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
89,666
28,683




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
 


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



11.


Ultimate parent undertaking

The immediate parent undertaking is considered to be Jayacee Holdings Limited and its ultimate parent undertaking is Jayacee Properties Limited, a company registered in Jersey.

 
Page 7