REGISTERED NUMBER: 12328061 (England and Wales)

JASTTA HOMES LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1ST DECEMBER 2023 TO 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J N Copeland Roberts

Mrs S T Copeland Roberts

Mr T A Copeland Roberts

REGISTERED OFFICE:

The Old Vicarage

Llantwit Major

CF61 1FB

REGISTERED NUMBER:

12328061 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Investment property

4

463,678

463,678

CURRENT ASSETS

Debtors

5

440

1,722

CREDITORS

Amounts falling due within one year

6

145,726

147,091

NET CURRENT LIABILITIES

(145,286

)

(145,369

)

TOTAL ASSETS LESS CURRENT LIABILITIES

318,392

318,309

CREDITORS

Amounts falling due after more than one year

7

(303,832

)

(300,396

)

PROVISIONS FOR LIABILITIES

(6,148

)

(6,148

)

NET ASSETS

8,412

11,765

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

26,208

26,208

Retained earnings

(17,896

)

(14,543

)

SHAREHOLDERS' FUNDS

8,412

11,765

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th November 2025 and were signed on its behalf by:

Mr J N Copeland Roberts - Director

1.	STATUTORY INFORMATION

JASTTA Homes 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 as modified by the revaluation of certain assets.

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 Profit and Loss, 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 NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st December 2023

and 31st March 2025

463,678

NET BOOK VALUE

At 31st March 2025

463,678

At 30th November 2023

463,678

Fair value at 31st March 2025 is represented by:

£

Valuation in 2021

32,356

Cost

431,322

463,678

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Trade debtors

440

1,722

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Directors' current accounts

142,957

145,902

Accrued expenses

2,769

1,189

145,726

147,091

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Bank loans more 5 yr by instal

303,832

300,396

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

303,832

300,396

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2023

value:

£

£

80

Ordinary A

£1

80

80

20

Ordinary B

£1

20

20

100

100

9.

RESERVES

Fair

value

reserve

£

At 1st December 2023

and 31st March 2025

26,208

10.	GOING CONCERN

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis preparing its financial statements.