Registered number
11850593
Jam Jar Estates Limited
Filleted Accounts
31 March 2025
Jam Jar Estates Limited
Registered number: 11850593
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Investments 3 249,890 249,890
Current assets
Debtors 4 35 42
Cash at bank and in hand 6,249 5,791
6,284 5,833
Creditors: amounts falling due within one year 5 (165,032) (165,058)
Net current liabilities (158,748) (159,225)
Total assets less current liabilities 91,142 90,665
Provisions for liabilities (22,000) (22,000)
Net assets 69,142 68,665
Capital and reserves
Called up share capital 4 4
Non-distributable reserve 6 66,000 66,000
Profit and loss account 3,138 2,661
Shareholders' funds 69,142 68,665
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Jasvinder Mahil
Director
Approved by the board on 14 July 2025
Jam Jar Estates Limited
Notes to the Accounts
for the year ended 31 March 2025
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 return on investment and from the rendering of services.
Investment properties
Investment properties are measured at fair value. Gains are recognised in the profit and loss account. Deferred tax is provided on these gains at the rate expected to apply when the property is sold. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Investments
Other
investments
£
Cost
At 1 April 2024 249,890
At 31 March 2025 249,890
Historical cost
At 1 April 2024 161,890
At 31 March 2025 161,890
The directors have reviewed the valuation of investment properties and are of the opinion that the valuation has been stated at their current valuation. No depreciation has been charged on the investment properties.
4 Debtors 2025 2024
£ £
Sundry debtors 35 42
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 112 132
Directors' loan account 164,296 164,296
Other creditors 624 630
165,032 165,058
6 Non-distributable reserve 2025 2024
£ £
At 1 April 2024 66,000 66,000
At 31 March 2025 66,000 66,000
Non-distributable reserve has arisen as a result of gains on the revaluation of investment properties, net of deferred taxation. These profits are not distributable and hence are stated separately in the Statement of Changes in Equity to differenciate from distributable profits.
7 Other information
Jam Jar Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
169 Stoke Poges Lane
Slough
Berkshire
SL1 3LU
Jam Jar Estates Limited 11850593 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Jasvinder Mahil No description of principal activity 11850593 2023-04-01 2024-03-31 11850593 core:WithinOneYear 2024-03-31 11850593 core:ShareCapital 2024-03-31 11850593 core:OtherReservesSubtotal 2024-03-31 11850593 core:RetainedEarningsAccumulatedLosses 2024-03-31 11850593 core:RevaluationReserve 2023-03-31 11850593 2024-04-01 2025-03-31 11850593 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11850593 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11850593 bus:Director40 2024-04-01 2025-03-31 11850593 1 2024-04-01 2025-03-31 11850593 2 2024-04-01 2025-03-31 11850593 countries:England 2024-04-01 2025-03-31 11850593 bus:FRS102 2024-04-01 2025-03-31 11850593 bus:FilletedAccounts 2024-04-01 2025-03-31 11850593 2025-03-31 11850593 core:WithinOneYear 2025-03-31 11850593 core:ShareCapital 2025-03-31 11850593 core:OtherReservesSubtotal 2025-03-31 11850593 core:RetainedEarningsAccumulatedLosses 2025-03-31 11850593 core:RevaluationReserve 2025-03-31 11850593 2024-03-31 11850593 core:RevaluationReserve 2024-03-31 iso4217:GBP xbrli:pure