REGISTERED NUMBER: 13270619 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Joint Prodigy Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

J S Bindarh

Mrs K K Bindarh

SECRETARY:

REGISTERED OFFICE:

197 Southgate Road

Birmingham

West Midlands

B44 9AH

REGISTERED NUMBER:

13270619 (England and Wales)

ACCOUNTANTS:

Skeh Accountants Limited

61B

Caroline Street

The Jewellery Quarter

Birmingham

West Midlands

B3 1UF

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Property Rental

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

J S Bindarh

Mrs K K Bindarh

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J S Bindarh - Director

18 August 2025

TURNOVER

19,116

-

Distribution costs

2,200

-

Administrative expenses

7,948

9,637

10,148

9,637

8,968

(9,637

)

Other operating income

-

18,600

OPERATING PROFIT

8,968

8,963

Interest payable and similar expenses

8,965

8,965

PROFIT/(LOSS) BEFORE TAXATION

3

(2

)

Tax on profit/(loss)

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

3

(2

)

FIXED ASSETS

Tangible assets

4

318,500

310,000

CURRENT ASSETS

Cash at bank

700

3

NET CURRENT ASSETS

700

3

TOTAL ASSETS LESS CURRENT LIABILITIES

319,200

310,003

CREDITORS

Amounts falling due after more than one year

5

319,199

310,005

NET ASSETS/(LIABILITIES)

1

(2

)

RESERVES

Retained earnings

1

(2

)

1

(2

)

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

J S Bindarh - Director

1.	STATUTORY INFORMATION

Joint Prodigy 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

310,000

Additions

8,500

At 31 March 2025

318,500

NET BOOK VALUE

At 31 March 2025

318,500

At 31 March 2024

310,000

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

225,414

225,414

Other creditors

93,785

84,591

319,199

310,005

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

225,414

225,414