Jupiter Property Services Ltd - Filleted accounts

Registered number

SC510971

Jupiter Property Services Ltd

Filleted Accounts

31 July 2026

Jupiter Property Services Ltd
Registered number:		SC510971
Balance Sheet
as at 31 July 2026

Notes			2026			2025
£				£
Current assets
Debtors	3	-			3,728
Cash at bank and in hand		39			10,799
		39			14,527

Creditors: amounts falling due within one year	4	(1,814)			(9,024)

Net current (liabilities)/assets			(1,775)			5,503

Total assets less current liabilities			(1,775)			5,503

Creditors: amounts falling due after more than one year	5		-			(3,348)



Net (liabilities)/assets			(1,775)			2,155

Capital and reserves
Called up share capital			100			100
Profit and loss account			(1,875)			2,055

Shareholders' funds			(1,775)			2,155

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Kulbinder Singh
Director
Approved by the board on 25 September 2026

Jupiter Property Services Ltd
Notes to the Accounts
for the year ended 31 July 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	2		2


3	Debtors	2026		2025
£			£

	Trade debtors	-		3,728


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Accrued charges	1,100		1,100
	Taxation and social security costs	-		1,646
	Other creditors	714		6,278
		1,814		9,024


5	Creditors: amounts falling due after one year	2026		2025
£			£

	Bank loans	-		3,348


6	Controlling party

	The director, Kulbinder Singh, and his wife held a 100% beneficial interest in the share capital of the company.


7	Other information

	Jupiter Property Services Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Spiersbridge Business Park
	1 Spiersbridge Way
	Thornliebank
	Glasgow
	G46 8NG