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REGISTERED NUMBER: 08660566 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

Jde Liverpool Ltd

Jde Liverpool Ltd (Registered number: 08660566)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jde Liverpool Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: D G Arslanian
Miss J P Arslanian
Miss B Arslanian
Mrs J E Arslanian





REGISTERED OFFICE: 286-288 Breck Road
Everton
Liverpool
Merseyside
L5 6QB





REGISTERED NUMBER: 08660566 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Jde Liverpool Ltd (Registered number: 08660566)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17,613 -
Investments 5 150,000 150,000
Investment property 6 18,721,929 1,555,424
18,889,542 1,705,424

CURRENT ASSETS
Debtors 7 1,076,708 568,676
Cash at bank and in hand 213,308 433,155
1,290,016 1,001,831
CREDITORS
Amounts falling due within one year 8 1,120,295 1,071,023
NET CURRENT ASSETS/(LIABILITIES) 169,721 (69,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,059,263

1,636,232

CREDITORS
Amounts falling due after more than one
year

9

(127,345

)

(123,300

)

PROVISIONS FOR LIABILITIES (213,114 ) (24,470 )
NET ASSETS 18,718,804 1,488,462

CAPITAL AND RESERVES
Called up share capital 163,137 120
Share premium 16,288,704 149,980
Retained earnings 2,266,963 1,338,362
18,718,804 1,488,462

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

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

Jde Liverpool Ltd (Registered number: 08660566)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





D G Arslanian - Director


Jde Liverpool Ltd (Registered number: 08660566)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Jde Liverpool Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the rents received or reveivable and interest receivable from loans, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised as the rent becomes due and when the loans are repaid.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 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.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.


Jde Liverpool Ltd (Registered number: 08660566)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Loans receivable
Loans receivable are measured at the undiscounted amount of the cash or other consideration expected to be received. Interest income is dependant on when loan is repaid and cannot be measured reliably. Therefore interest is not included at this point.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 19,594
At 31 August 2024 19,594
DEPRECIATION
Charge for year 1,981
At 31 August 2024 1,981
NET BOOK VALUE
At 31 August 2024 17,613

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 150,000
NET BOOK VALUE
At 31 August 2024 150,000
At 31 August 2023 150,000

Jde Liverpool Ltd (Registered number: 08660566)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 1,555,424
Additions 16,411,929
Revaluations 754,576
At 31 August 2024 18,721,929
NET BOOK VALUE
At 31 August 2024 18,721,929
At 31 August 2023 1,555,424

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2021 52,880
Valuation in 2023 45,000
Valuation in 2024 754,576
Cost 17,869,473
18,721,929

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 103,731 20,822
Amounts owed by associates 47,166 57,166
Other debtors 925,811 490,688
1,076,708 568,676

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 70,077 2,131
Amounts owed to group undertakings 2 7,323
Amounts owed to associates 652,831 653,791
Taxation and social security 127,856 19,814
Other creditors 269,529 387,964
1,120,295 1,071,023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other creditors 127,345 123,300

10. OTHER FINANCIAL COMMITMENTS

At the reporting date the company had operating lease commitments of £13,194 (2023: £NIL).

Jde Liverpool Ltd (Registered number: 08660566)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

11. RELATED PARTY DISCLOSURES

Included in creditors are net amounts owed to related parties of £605,667 (2023: £603,948).
The loans are interest free and repayable upon demand.