IRIS Accounts Production v25.1.3.33 14315967 Board of Directors 1.9.23 31.8.24 31.8.24 0 0 false true false false true false Fair value model Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh143159672023-08-31143159672024-08-31143159672023-09-012024-08-31143159672022-08-23143159672022-08-242023-08-31143159672023-08-3114315967ns15:EnglandWales2023-09-012024-08-3114315967ns14:PoundSterling2023-09-012024-08-3114315967ns10:Director12023-09-012024-08-3114315967ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3114315967ns10:SmallEntities2023-09-012024-08-3114315967ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3114315967ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3114315967ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3114315967ns10:FullAccounts2023-09-012024-08-3114315967ns10:OrdinaryShareClass12023-09-012024-08-3114315967ns10:OrdinaryShareClass22023-09-012024-08-3114315967ns10:OrdinaryShareClass32023-09-012024-08-3114315967ns5:CurrentFinancialInstruments2024-08-3114315967ns5:CurrentFinancialInstruments2023-08-3114315967ns5:Non-currentFinancialInstruments2024-08-3114315967ns5:Non-currentFinancialInstruments2023-08-3114315967ns5:ShareCapital2024-08-3114315967ns5:ShareCapital2023-08-3114315967ns5:RetainedEarningsAccumulatedLosses2024-08-3114315967ns5:RetainedEarningsAccumulatedLosses2023-08-3114315967ns10:RegisteredOffice2023-09-012024-08-3114315967ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3114315967ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3114315967ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-08-3114315967ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-08-3114315967ns5:Secured2024-08-3114315967ns5:Secured2023-08-3114315967ns10:OrdinaryShareClass12024-08-3114315967ns10:OrdinaryShareClass22024-08-3114315967ns10:OrdinaryShareClass32024-08-31
REGISTERED NUMBER: 14315967 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

JAMES MARCUS PROPERTY INVESTMENTS LTD

JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

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










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 591,311 -

CURRENT ASSETS
Debtors 5 79 79
Cash at bank and in hand 36 200
115 279
CREDITORS
Amounts falling due within one year 6 430,755 934
NET CURRENT LIABILITIES (430,640 ) (655 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,671

(655

)

CREDITORS
Amounts falling due after more than one
year

7

153,013

-
NET ASSETS/(LIABILITIES) 7,658 (655 )

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 7,458 (855 )
SHAREHOLDERS' FUNDS 7,658 (655 )

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.

JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

STATEMENT OF FINANCIAL POSITION - 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 23 May 2025 and were signed on its behalf by:





C Ippocratous - Director


JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

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


1. STATUTORY INFORMATION

James Marcus Property Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14315967

Registered office: 368 Forest Road
London
E17 5JF

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.

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 591,311
At 31 August 2024 591,311
NET BOOK VALUE
At 31 August 2024 591,311

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 August 2024 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 591,311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 79 79

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,247 574
Taxation and social security 1,803 -
Other creditors 427,705 360
430,755 934

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 153,013 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 153,013 -

JAMES MARCUS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 14315967)

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


8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Other loans 9,000 -

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 153,013 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 153,013 -

The loan is secured by a legal charge over the property held by the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
200 200

11. RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

20242023
£   £   
Amounts owed by/(to) C Ippocratous (Director)(50,448)-
Amounts owed by/(to) A P Ippocratous (Director)(366,092)-


C Ippocratous and A P Ippocratous are the managing directors and equally own the entire issued share capital.