REGISTERED NUMBER: 11553572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JLD INVESTMENTS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

18,043

24,058

Investment property

5

235,205

235,205

253,248

259,263

CURRENT ASSETS

Debtors

6

282,228

99,827

Cash at bank and in hand

135,851

169,030

418,079

268,857

CREDITORS

Amounts falling due within one year

7

265,240

132,862

NET CURRENT ASSETS

152,839

135,995

TOTAL ASSETS LESS CURRENT LIABILITIES

406,087

395,258

CREDITORS

Amounts falling due after more than one year

8

(76,125

)

(76,125

)

PROVISIONS FOR LIABILITIES

(4,511

)

-

NET ASSETS

325,451

319,133

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

325,450

319,132

325,451

319,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director and authorised for issue on 29 September 2025 and were signed by:

Miss J Philippou - Director

1.	STATUTORY INFORMATION

Jld Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11553572

Registered office:

1 Kings Avenue

London

N21 3NA

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision

There are significant judgements or estimates involved in the preparation of the financial statements.

Revenue

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

Revenue represents the rent receivable in respect to investment property of the company.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings - 25% on reducing balance

Motor Vehicles - 25% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is provided in the year of disposal.

Investment property

Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.

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.

Deferred tax

Deferred tax is recognised in respect of all material 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.

Cash and cash equivalents

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

13,913

13,939

27,852

DEPRECIATION

At 1 October 2023

3,794

-

3,794

Charge for year

2,530

3,485

6,015

At 30 September 2024

6,324

3,485

9,809

NET BOOK VALUE

At 30 September 2024

7,589

10,454

18,043

At 30 September 2023

10,119

13,939

24,058

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 30 September 2024

235,205

NET BOOK VALUE

At 30 September 2024

235,205

At 30 September 2023

235,205

The Investment property has not been revalued and has been included at the following historical cost:

2024

2023

£

£

Cost

235,205

235,205

Investment property was valued on an open market basis on 30 September 2024 by the director of the company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

9,460

8,095

Other debtors

272,768

91,732

282,228

99,827

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,010

200

Taxation and social security

18,020

49,233

Other creditors

245,210

83,429

265,240

132,862

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

76,125

76,125

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

76,125

76,125

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

76,125

76,125

Bank loan is secured by way of fixed charge on the assets of the company and contains a negative pledge.

10.	RELATED PARTY DISCLOSURES

Included in other debtors due within one year is an amount of £21,504 (2023: £39,036) due from a connected company under common directorship and shareholding. The loan remains interest free and recoverable on demand.

Included in other creditors due within one year is an amount of £201,270 (2023: £81,270) due to a connected company under common directorship and shareholding. The loan remains interest free and repayable on demand.