JAKE & CO PROPERTIES LTD


Director	WANG, Jake


Registered Address	61 Bridge Street
	Kington
	HR5 3DJ


Registered Number	11058986 (England and Wales)

Balance Sheet as at
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		16
			-		16
Current assets
Debtors		-		1
Cash at bank and on hand		737		925
		737		926
Creditors amounts falling due within one year	4	(25,608)		(31,413)
Net current assets (liabilities)			(24,871)		(30,487)
Total assets less current liabilities			(24,871)		(30,471)
Net assets			(24,871)		(30,471)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(24,872)		(30,472)
Shareholders' funds			(24,871)		(30,471)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 January 2026, and are signed on its behalf by:

WANG, Jake
Director
Registered Company No. 11058986

JAKE & CO PROPERTIES LTD

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Office equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Office equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	7

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 May 24	136	136
At 30 April 25	136	136
Depreciation and impairment
At 01 May 24	120	120
Charge for year	16	16
At 30 April 25	136	136
Net book value
At 30 April 25	-	-
At 30 April 24	16	16

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	25,608	31,345
Accrued liabilities and deferred income	-	68
Total	25,608	31,413

5.	Related party transactions
	The company was involved in various related party transactions during the year as described below: As at 30 April 2025 the company owed £5,821 to Bridgnect Co., Limited (2024: £7,219). a company in which Jake Wang is also a director. The director has advanced and been advanced monies by the company during the year. The balance as at 30 April 2025 is £19,787 (2024: £24,126)