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REGISTERED NUMBER: 12709664 (England and Wales)












JJ MAIDENS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






JJ MAIDENS LIMITED (REGISTERED NUMBER: 12709664)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


JJ MAIDENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: W Maidens





REGISTERED OFFICE: 1 Eastgate
Louth
Lincolnshire
LN11 9NB





REGISTERED NUMBER: 12709664 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Louth)
Chartered Certified Accountants
1 Eastgate
Louth
Lincolnshire
LN11 9NB

JJ MAIDENS LIMITED (REGISTERED NUMBER: 12709664)

ABRIDGED BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 230,256 230,256

CURRENT ASSETS
Debtors 2,181 -
Cash at bank 35,363 8,467
37,544 8,467
CREDITORS
Amounts falling due within one year 110,981 80,858
NET CURRENT LIABILITIES (73,437 ) (72,391 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,819

157,865

CREDITORS
Amounts falling due after more than one year 4 (149,423 ) (150,705 )

PROVISIONS FOR LIABILITIES (2,285 ) (2,285 )
NET ASSETS 5,111 4,875

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 9,741 9,741
Retained earnings (4,730 ) (4,966 )
5,111 4,875

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JJ MAIDENS LIMITED (REGISTERED NUMBER: 12709664)

ABRIDGED BALANCE SHEET - continued
31 JULY 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





W Maidens - Director


JJ MAIDENS LIMITED (REGISTERED NUMBER: 12709664)

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


1. 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
The turnover shown in the income statement represents rents falling due during the year.

Investment property
Investment property is shown at fair value at the balance sheet date. Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 230,256
NET BOOK VALUE
At 31 July 2024 230,256
At 31 July 2023 230,256

JJ MAIDENS LIMITED (REGISTERED NUMBER: 12709664)

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


3. INVESTMENT PROPERTY - continued

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2021 5,026
Valuation in 2023 7,000
Cost 218,230
230,256

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 218,230 218,230

Investment property was valued on an open market basis on 31 July 2024 by Mr W Maidens, the company director .

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 140,833 142,115

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 151,642 152,852

The mortgages held are secured on the properties held by the company.

6. RESERVES
Fair
value
reserve
£   
At 1 August 2023
and 31 July 2024 9,741