Company Registration No. 11541957 (England and Wales)
JF PROPERTY GROUP LTD
Unaudited accounts
for the year ended 31 August 2024
JF PROPERTY GROUP LTD
Unaudited accounts
Contents
JF PROPERTY GROUP LTD
Company Information
for the year ended 31 August 2024
Company Number
11541957 (England and Wales)
Registered Office
JSM Partners Ltd
Brightfield Business Hub
Peterborough
Cambridgeshire
PE2 6XU
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
JF PROPERTY GROUP LTD
Statement of financial position
as at 31 August 2024
Tangible assets
888,201
800,728
Cash at bank and in hand
9,297
9,330
Creditors: amounts falling due within one year
(346,909)
(339,713)
Net current liabilities
(337,612)
(330,383)
Total assets less current liabilities
550,589
470,345
Creditors: amounts falling due after more than one year
(562,500)
(562,500)
Net liabilities
(11,911)
(92,155)
Called up share capital
1
1
Profit and loss account
(11,912)
(92,156)
Shareholders' funds
(11,911)
(92,155)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2025 and were signed on its behalf by
Jake Fairclough
Director
Company Registration No. 11541957
JF PROPERTY GROUP LTD
Notes to the Accounts
for the year ended 31 August 2024
JF PROPERTY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11541957. The registered office is JSM Partners Ltd, Brightfield Business Hub, Peterborough, Cambridgeshire, PE2 6XU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
771,746
127
600
53,339
825,812
Additions
99,913
-
-
1,098
101,011
At 31 August 2024
871,659
127
600
54,437
926,823
At 1 September 2023
-
59
250
24,775
25,084
Charge for the year
-
32
150
13,356
13,538
At 31 August 2024
-
91
400
38,131
38,622
At 31 August 2024
871,659
36
200
16,306
888,201
At 31 August 2023
771,746
68
350
28,564
800,728
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,434
-
Other creditors
209,478
150,786
Loans from directors
135,817
188,927
JF PROPERTY GROUP LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
562,500
562,500
During the year loans totalling £135,817 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).