Acorah Software Products - Accounts Production 16.6.920 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13830616 Mr HANIF ASHAKALI KASSAM JIWA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13830616 2024-01-31 13830616 2025-01-31 13830616 2024-02-01 2025-01-31 13830616 frs-core:CurrentFinancialInstruments 2025-01-31 13830616 frs-core:Non-currentFinancialInstruments 2025-01-31 13830616 frs-core:FurnitureFittings 2025-01-31 13830616 frs-core:FurnitureFittings 2024-02-01 2025-01-31 13830616 frs-core:FurnitureFittings 2024-01-31 13830616 frs-core:ShareCapital 2025-01-31 13830616 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13830616 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13830616 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13830616 frs-bus:SmallEntities 2024-02-01 2025-01-31 13830616 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13830616 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13830616 frs-bus:Director1 2024-02-01 2025-01-31 13830616 frs-countries:Scotland 2024-02-01 2025-01-31 13830616 2023-01-31 13830616 2024-01-31 13830616 2023-02-01 2024-01-31 13830616 frs-core:CurrentFinancialInstruments 2024-01-31 13830616 frs-core:Non-currentFinancialInstruments 2024-01-31 13830616 frs-core:ShareCapital 2024-01-31 13830616 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13830616
JIWA PROPERTY LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
PRS ACCOUNTANTS AND TAXATION SERVICES LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13830616
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 414 517
Investment Properties 5 1,162,847 618,852
1,163,261 619,369
CURRENT ASSETS
Cash at bank and in hand 5,990 8,606
5,990 8,606
Creditors: Amounts Falling Due Within One Year 6 (365,646 ) (205,331 )
NET CURRENT ASSETS (LIABILITIES) (359,656 ) (196,725 )
TOTAL ASSETS LESS CURRENT LIABILITIES 803,605 422,644
Creditors: Amounts Falling Due After More Than One Year 7 (856,490 ) (444,490 )
NET LIABILITIES (52,885 ) (21,846 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (52,886 ) (21,847 )
SHAREHOLDERS' FUNDS (52,885) (21,846)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 HANIF ASHAKALI KASSAM JIWA
Director
28/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JIWA PROPERTY LTD is a private company, limited by shares, incorporated in Scotland, registered number 13830616 . The registered office is 5 WILLOW COURT, 29 WILLOW PLACE, LONDON, SW1P 1JJ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% on reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2024 808
As at 31 January 2025 808
Depreciation
As at 1 February 2024 291
Provided during the period 103
As at 31 January 2025 394
Net Book Value
As at 31 January 2025 414
As at 1 February 2024 517
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5. Investment Property
2025
£
Fair Value
As at 1 February 2024 618,852
Additions 543,995
As at 31 January 2025 1,162,847
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,700 900
Director's loan account 57,946 55,431
Amounts owed to associates 306,000 149,000
365,646 205,331
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 856,490 444,490
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4