1 April 2024 false No description of principal activity Taxfiler 2024.6 12350121 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12350121 2024-03-31 12350121 2024-04-01 2025-03-31 12350121 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12350121 business:FilletedAccounts 2024-04-01 2025-03-31 12350121 2025-03-31 12350121 2024-03-31 12350121 core:WithinOneYear 2025-03-31 12350121 core:WithinOneYear 2024-03-31 12350121 core:AfterOneYear 2025-03-31 12350121 core:AfterOneYear 2024-03-31 12350121 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 12350121 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 12350121 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 12350121 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 12350121 core:PreviouslyStatedAmount 2025-03-31 12350121 core:PreviouslyStatedAmount 2024-03-31 12350121 business:SmallEntities 2024-04-01 2025-03-31 12350121 business:Director1 2024-04-01 2025-03-31 12350121 countries:EnglandWales 2024-04-01 2025-03-31 12350121 business:RegisteredOffice 2024-04-01 2025-03-31 12350121 core:MotorVehicles 2024-04-01 2025-03-31 12350121 core:ComputerEquipment 2024-04-01 2025-03-31 12350121 core:MotorVehicles 2024-03-31 12350121 core:ComputerEquipment 2024-03-31 12350121 core:MotorVehicles 2025-03-31 12350121 core:ComputerEquipment 2025-03-31 12350121 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12350121 (England and Wales)
JG Residential Management Ltd Unaudited accounts for the year ended 31 March 2025
JG Residential Management Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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JG Residential Management Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
44,751
59,378
Current assets
Debtors
5
583,823
523,387
Cash at bank and in hand
27,135
119,333
610,958
642,720
Creditors: amounts falling due within one year
6
(383,912)
(350,099)
Net current assets
227,046
292,621
Total assets less current liabilities
271,797
351,999
Creditors: amounts falling due after more than one year
7
(44,992)
(73,076)
Provisions for liabilities
Deferred tax
(11,088)
(11,088)
Net assets
215,717
267,835
Capital and reserves
Called up share capital
100
100
Profit and loss account
215,617
267,735
Shareholders' funds
215,717
267,835
For the year ending 31 March 2025 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2025 and were signed on its behalf by
Julie Gauld Director Company Registration No. 12350121
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JG Residential Management Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
JG Residential Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 12350121. The registered office is Unit 17, Foundry Business Park, Seager Road, Faversham, ME13 7FD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
99,471
3,852
103,323
Additions
-
585
585
At 31 March 2025
99,471
4,437
103,908
Depreciation
At 1 April 2024
40,557
3,388
43,945
Charge for the year
14,729
483
15,212
At 31 March 2025
55,286
3,871
59,157
Net book value
At 31 March 2025
44,185
566
44,751
At 31 March 2024
58,914
464
59,378
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JG Residential Management Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
12,381
24,392
Other debtors
571,442
498,995
583,823
523,387
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
25,000
30,000
Obligations under finance leases and hire purchase contracts
8,084
6,768
Trade creditors
9,843
18,641
Taxes and social security
5,346
10,015
Other creditors
335,639
284,675
383,912
350,099
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
12,500
32,500
Obligations under finance leases and hire purchase contracts
32,492
40,576
44,992
73,076
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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