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REGISTERED NUMBER: 10081602 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JDS PROPERTY GROUP LIMITED

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JDS PROPERTY GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: Mrs J A Lipman
S R Lipman
D I Lipman





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: 10081602 (England and Wales)





ACCOUNTANTS: Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

STATEMENT OF FINANCIAL POSITION
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,206 6,121
Investment property 5 1,650,000 1,650,000
1,655,206 1,656,121

CURRENT ASSETS
Debtors 6 41,145 26,275
Cash at bank and in hand 11,551 22,999
52,696 49,274
CREDITORS
Amounts falling due within one year 7 445,220 445,513
NET CURRENT LIABILITIES (392,524 ) (396,239 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,262,682

1,259,882

CREDITORS
Amounts falling due after more than one
year

8

(1,060,136

)

(1,053,050

)

PROVISIONS FOR LIABILITIES (28,475 ) (28,475 )
NET ASSETS 174,071 178,357

CAPITAL AND RESERVES
Called up share capital 1,400 1,400
Revaluation reserve 10 154,382 154,382
Retained earnings 18,289 22,575
174,071 178,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

STATEMENT OF FINANCIAL POSITION - continued
31 March 2025


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 24 July 2025 and were signed on its behalf by:





Mrs J A Lipman - Director


JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

JDS Property Group Limited 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.

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.

The financial statements have been prepared on the going concern basis. The Statement of Financial Position shows net liabilities, the director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

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 - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficits arising from changes in fair value are recognised in profit or loss.

This is a departure from the Companies Act which requires assets to be depreciated. However, in the opinion of the directors, property is held primarily for their investment potential and so fair value is of more significance as a measure of consumption. They therefore have applied a true and fair override with respect to investment properties.

The directors have made key assumptions in the determination of the fair value of an investment property in
respect of the state of the property market in the location where the property is situated and in respect of the
range of reasonable fair value estimates of the asset.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and 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 the Statement of Comprehensive Income.

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.

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

Impairment of assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 19,094
DEPRECIATION
At 1 April 2024 12,973
Charge for year 915
At 31 March 2025 13,888
NET BOOK VALUE
At 31 March 2025 5,206
At 31 March 2024 6,121

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,650,000
NET BOOK VALUE
At 31 March 2025 1,650,000
At 31 March 2024 1,650,000

In the opinion of to the directors of the company, there is no material movement between cost and market value of the properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 41,145 26,275

Included in other debtors due within one year are prepayments £4,845 (2024: £Nil)

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security - 111
Other creditors 445,220 445,402
445,220 445,513

Included within other creditors are accrued expenses of £2,700 (2024: £2,700).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,060,136 1,053,050

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,060,136 1,053,050

JDS PROPERTY GROUP LIMITED (REGISTERED NUMBER: 10081602)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 1,060,136 1,053,050

Bank loans are secured by way of legal charge on the properties together with all buildings, erections, fixture and fittings, plant and machinery and materials as well as property to be erected and all potential improvements and additions.

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 154,382