Jaz Property Development Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14535665

		31 December 2024		31 December 2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	551,474		233,909
Debtors	5	36,803		6,997
Cash at bank and in hand		13,065		315

		601,342		241,221
Creditors: Amounts Falling Due Within One Year	6	(257,383 )		(242,162 )

NET CURRENT ASSETS (LIABILITIES)			343,959		(941 )

TOTAL ASSETS LESS CURRENT LIABILITIES			343,959		(941 )

Creditors: Amounts Falling Due After More Than One Year	7		(345,907 )		-

NET LIABILITIES			(1,948 )		(941 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(2,048 )		(1,041 )

SHAREHOLDERS' FUNDS			(1,948)		(941)

Page 1

Page 2

Jaz Property Development Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Puja Mally Director	Shivir Sharma Director
8 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Jaz Property Development Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14535665 . The registered office is 4 Tintagel Road, Orpington, BR5 4LQ.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Stocks

	31 December 2024	31 December 2023
	£	£
Stock - Properties under development	551,474	233,909

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Prepayments and accrued income	36,803	6,997

Page 3

Page 4

Jaz Property Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	13,250	-
Accruals and deferred income	1,320	660
Directors' loan accounts	242,813	241,502

	257,383	242,162

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Bank loans	345,907	-

8. Secured Creditors

Of the creditors the following amounts are secured.

	31 December 2024		31 December 2023
	£		£
Bank loans and overdrafts	345,907		-

9. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

Included in creditors due within one year is an amount of £242,813 (2023:£241,502) that is owed to directors of the company. The director loan is unsecured, interest free and repayable on demand.