JY Properties Ltd - Period Ending 2019-06-30

Registration number: 09658863

JY Properties Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2019

JY Properties Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	2

JY Properties Ltd

Company Information

Director

R A Newton

Registered office

12 Dickens Way Romford Essex RM1 4GQ

Page 1

JY Properties Ltd

(Registration number: 09658863)
Balance Sheet as at 30 June 2019

	2019 £	2018 £
Fixed assets	1,690,553	948,023
Current assets	134,791	59,655
Prepayments and accrued income	2,962	365
Creditors: Amounts falling due within one year	(827,916)	(6,532)
Net current (liabilities)/assets	(690,163)	53,488
Total assets less current liabilities	1,000,390	1,001,511
Accruals and deferred income	(1,140)	(900)
Net Assets	999,250	1,000,611
Capital and reserves	999,250	1,000,611

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 Dickens Way
Romford
Essex
RM1 4GQ

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2018 - 1).

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £150,000 (2018 - £Nil). The financial commitments are in respect of the rennovation of the newly acquired property.

Page 2

JY Properties Ltd

(Registration number: 09658863)
Balance Sheet as at 30 June 2019 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 16 March 2020
 

R A Newton Director

Page 3