Jaevee Spv1004 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11318430

		31 March 2024		30 April 2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1,976,827		2,322,825
Debtors	5	184		50,806
Cash at bank and in hand		729		598

		1,977,740		2,374,229
Creditors: Amounts Falling Due Within One Year	6	(45,076 )		(559,503 )

NET CURRENT ASSETS (LIABILITIES)			1,932,664		1,814,726

TOTAL ASSETS LESS CURRENT LIABILITIES			1,932,664		1,814,726

Creditors: Amounts Falling Due After More Than One Year	7		(2,030,906 )		(1,904,966 )

NET LIABILITIES			(98,242 )		(90,240 )

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			(98,252 )		(90,250 )

SHAREHOLDERS' FUNDS			(98,242)		(90,240)

Page 1

Page 2

Jaevee Spv1004 Limited

Balance Sheet (continued)

As At 31 March 2024

For the period ending 31 March 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr B Smith

Director

04/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Jaevee Spv1004 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11318430 . The registered office is 86-90 Paul Street, London, EC2A 4NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected as the costs incurred on construction.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL (2023: NIL)

4. Stocks

	31 March 2024	30 April 2023
	£	£
Work in progress	1,976,827	2,322,825

5. Debtors

	31 March 2024	30 April 2023
	£	£
Due within one year
Amounts owed by group undertakings	-	50,710
Other debtors	184	96

	184	50,806

6. Creditors: Amounts Falling Due Within One Year

	31 March 2024	30 April 2023
	£	£
Trade creditors	-	32,352
Bank loans and overdrafts	10,000	10,000
Amounts owed to group undertakings	33,723	512,451
Other creditors	1,353	4,700

	45,076	559,503

Page 3

Page 4

Jaevee Spv1004 Limited

Notes to the Financial Statements (continued)

For the Period 1 May 2023 to 31 March 2024

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2024	30 April 2023
	£	£
Bank loans	1,223,756	1,222,644
Other loans	807,150	682,322

	2,030,906	1,904,966

8. Secured Creditors

Included within creditors due after more than 1 year is a bank loan of £1,188,773 (2023: £1,222,644) which is secured against the property under construction.

9. Share Capital

	31 March 2024	30 April 2023
	£	£
Allotted, Called up and fully paid	10	10

10. Related Party Transactions

At the year end, the company owed £33,723 (2023: £461,740) to parties related by virtue of common control. These loans are unsecured, interest free and repayable on demand.

11. Year end change

The directors have elected to shortern the year end from the 30th of April 2024 to 31st of March 2024 in order to align the accounts with other companies within the group. For this reason, the year ends 2023 and 2024 will not be comparable.