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Registration number: 08662686

JSA Investment Group Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

JSA Investment Group Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

JSA Investment Group Ltd

Company Information

Directors

A Brummer

J Adams

Mrs SP Adams

Registered office

Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS

Accountants

Boon and Worth Limited
Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS

 

JSA Investment Group Ltd

(Registration number: 08662686)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5

52

Investment property

5

625,739

625,738

 

625,744

625,790

Current assets

 

Debtors

6

47,154

46,850

Cash at bank and in hand

 

23,274

32,176

 

70,428

79,026

Creditors: Amounts falling due within one year

7

(513,897)

(512,419)

Net current liabilities

 

(443,469)

(433,393)

Total assets less current liabilities

 

182,275

192,397

Creditors: Amounts falling due after more than one year

7

(259,217)

(259,217)

Provisions for liabilities

(43,260)

(43,260)

Net liabilities

 

(120,202)

(110,080)

Capital and reserves

 

Called up share capital

8

200

200

Retained earnings

(120,402)

(110,280)

Shareholders' deficit

 

(120,202)

(110,080)

 

JSA Investment Group Ltd

(Registration number: 08662686)
Balance Sheet as at 31 October 2024

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 July 2025 and signed on its behalf by:
 

.........................................
A Brummer
Director

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS
England

These financial statements were authorised for issue by the Board on 2 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Total liabilities exceed current assets at the balance sheet date. The directors consider, however that the company has sufficient liquid assets, to meet its liabilities as and when they fall due, and that the company has sufficient support from its creditors. Accordingly the director considers that it is appropriate to prepare the accounts on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fixtures

25% Straight line method

Investment property

Investment property is carried at cost, derived from the current market prices for comparable real estate
determined annually by the directors.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 November 2023

42,609

42,609

Disposals

(804)

(804)

At 31 October 2024

41,805

41,805

Depreciation

At 1 November 2023

42,557

42,557

Charge for the year

47

47

Eliminated on disposal

(804)

(804)

At 31 October 2024

41,800

41,800

Carrying amount

At 31 October 2024

5

5

At 31 October 2023

52

52

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

5

Investment properties

2024
£

At 1 November

625,739

At 31 October

625,739

6

Debtors

Current

2024
£

2023
£

Trade debtors

326

5,754

Prepayments

-

259

Other debtors

46,828

40,837

 

47,154

46,850

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

324

280

Accruals and deferred income

1,800

2,760

Other creditors

511,773

509,379

513,897

512,419

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

259,217

259,217

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A shares of £0.01 each

100

1

100

1

Ordinary B shares of £0.01 each

50

1

50

1

Ordinary B shares of £0.01 each

50

1

50

1

200

2

200

2

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

259,217

259,217

10

Related party transactions

Transactions with directors

2024

At 1 November 2023
£

Advances to director
£

Repayments by director
£

At 31 October 2024
£

A Brummer

Transactions with director

(130,361)

3,131

(5,636)

(132,865)

J Adams

Transactions with director

(17,555)

373

(60)

(17,242)

Mrs SP Adams

Transactions with director

(9,834)

113

-

(9,721)

 

JSA Investment Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

2023

At 1 November 2022
£

Advances to director
£

Repayments by director
£

At 31 October 2023
£

A Brummer

Transactions with director

(131,321)

6,440

(5,480)

(130,361)

J Adams

Transactions with director

(22,753)

5,199

-

(17,555)

Mrs SP Adams

Transactions with director

(10,106)

272

-

(9,834)

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

1,954

771