Registered number
SC671645
JWP DEVELOPMENTS LIMITED
Filleted Accounts
31 August 2024
JWP DEVELOPMENTS LIMITED
Registered number: SC671645
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 74,827 74,982
Current assets
Cash at bank and in hand 15,842 12,149
Creditors: amounts falling due within one year 4 (602) (456)
Net current assets 15,240 11,693
Total assets less current liabilities 90,067 86,675
Creditors: amounts falling due after more than one year 5 (105,304) (102,259)
Net assets/(liabilities) (15,237) (15,584)
Capital and reserves
Called up share capital 1 1
Profit and loss account (15,238) (15,585)
Shareholder's funds (15,237) (15,584)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
Mr Suraj Shaan
Director
Approved by the board on 14 April 2025
JWP DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 August 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
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:
Fixtures, fittings, tools and equipment 10% Reducing balance
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Fixture & fittings Total
£ £ £
Cost
At 1 September 2023 73,428 1,919 75,347
At 31 August 2024 73,428 1,919 75,347
Depreciation
At 1 September 2023 - 365 365
Charge for the year - 155 155
At 31 August 2024 - 520 520
Net book value
At 31 August 2024 73,428 1,399 74,827
At 31 August 2023 73,428 1,554 74,982
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 534 456
Other creditors 68 -
602 456
5 Creditors: amounts falling due after one year 2024 2023
£ £
Director's loan account 105,304 102,259
JWP DEVELOPMENTS LIMITED SC671645 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts April 2025 Mr Suraj Shaan No description of principal activity SC671645 2022-09-01 2023-08-31 SC671645 core:WithinOneYear 2023-08-31 SC671645 core:AfterOneYear 2023-08-31 SC671645 core:ShareCapital 2023-08-31 SC671645 core:RetainedEarningsAccumulatedLosses 2023-08-31 SC671645 2023-09-01 2024-08-31 SC671645 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC671645 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC671645 bus:Director40 2023-09-01 2024-08-31 SC671645 2 2023-09-01 2024-08-31 SC671645 core:LandBuildings 2023-09-01 2024-08-31 SC671645 core:PlantMachinery 2023-09-01 2024-08-31 SC671645 bus:FRS102 2023-09-01 2024-08-31 SC671645 bus:FilletedAccounts 2023-09-01 2024-08-31 SC671645 2024-08-31 SC671645 core:WithinOneYear 2024-08-31 SC671645 core:AfterOneYear 2024-08-31 SC671645 core:ShareCapital 2024-08-31 SC671645 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC671645 core:LandBuildings 2024-08-31 SC671645 core:PlantMachinery 2024-08-31 SC671645 2023-08-31 SC671645 core:LandBuildings 2023-08-31 SC671645 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure