Company registration number 13845740 (England and Wales)
Jam-Jy Properties Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 January 2025
PAGES FOR FILING WITH REGISTRAR
Jam-Jy Properties Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Jam-Jy Properties Ltd
Statement Of Financial Position
as at 31 January 2025
31 January 2025
- 1 -
2025
Notes
£
£
Fixed assets
Investment property
3
1,641,185
Current assets
Debtors
4
2
Cash at bank and in hand
23,430
23,432
Creditors: amounts falling due within one year
5
(522,906)
Net current (liabilities)/assets
(499,474)
Total assets less current liabilities
1,141,711
Creditors: amounts falling due after more than one year
6
(1,237,700)
Net (liabilities)/assets
(95,989)
Capital and reserves
Called up share capital
7
100
Profit and loss reserves
(96,089)
Total equity
(95,989)
For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 20 May 2025
M Stephens
Director
Company registration number 13845740 (England and Wales)
Jam-Jy Properties Ltd
Notes to the financial statements
for the year ended 31 January 2025
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents the total invoice value of rent receivable and other income derived from the provision of services falling within the company's ordinary activities. Turnover is recognised on an accruals basis.
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
Number
Total
1
3
Investment property
2025
£
Fair value
At 1 February 2024
Additions
1,641,185
At 31 January 2025
1,641,185
4
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
2
Jam-Jy Properties Ltd
Notes to the financial statements (continued)
for the year ended 31 January 2025
- 3 -
5
Creditors: amounts falling due within one year
2025
£
Other creditors
521,706
Accruals and deferred income
1,200
522,906
6
Creditors: amounts falling due after more than one year
2025
£
Other creditors
1,237,700
7
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
of £1 each
100
100
8
Company information
Jam-Jy Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.