REGISTERED NUMBER: 13168118 (England and Wales)

JS20 PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 FEBRUARY 2024 TO 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J Skukauskaite

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

13168118 (England and Wales)

ACCOUNTANTS:

Andreas Kounnis Limited

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investment property

4

429,434

429,434

CURRENT ASSETS

Debtors

5

100

1,600

Cash at bank

2,359

4,625

2,459

6,225

CREDITORS

Amounts falling due within one year

6

(3,176

)

(5,128

)

NET CURRENT (LIABILITIES)/ASSETS

(717

)

1,097

TOTAL ASSETS LESS CURRENT LIABILITIES

428,717

430,531

CREDITORS

Amounts falling due after more than one year

7

(417,766

)

(421,866

)

NET ASSETS

10,951

8,665

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,851

8,565

SHAREHOLDERS' FUNDS

10,951

8,665

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 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 13 October 2025 and were signed by:

Ms J Skukauskaite - Director

1.	STATUTORY INFORMATION

JS20 Property 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.

Investment property

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

Taxation

Taxation for the period 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 period 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 period was 1 (2024 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 May 2025

429,434

NET BOOK VALUE

At 31 May 2025

429,434

At 31 January 2024

429,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.1.24

£

£

Trade debtors

-

1,600

Other debtors

100

-

100

1,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.1.24

£

£

Trade creditors

-

3,200

Taxation and social security

536

1,230

Other creditors

2,640

698

3,176

5,128

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.1.24

£

£

Bank loans

306,000

306,000

Other creditors

111,766

115,866

417,766

421,866