Jj Investments Ltd - Accounts to registrar (filleted) - small 18.2

Jj Investments Ltd - Accounts to registrar (filleted) - small 18.2

JJ INVESTMENTS LTD - Company Information

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REGISTERED NUMBER: 07498103 (England and Wales)















Jj Investments Ltd

Unaudited Financial Statements For The Year Ended 31 January 2020






Jj Investments Ltd (Registered number: 07498103)






Contents of the Financial Statements
For The Year Ended 31 January 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jj Investments Ltd

Company Information
For The Year Ended 31 January 2020







DIRECTOR: K J Fidock





REGISTERED OFFICE: Unit 7 North End Ind Est
Bury Mead Road
Hitchin
Hertfordshire
SG5 1RT





REGISTERED NUMBER: 07498103 (England and Wales)





ACCOUNTANTS: Streets ISA Limited
Building 15
Gateway 1000
Arlington Business Park
Stevenage
Hertfordshire
SG1 2FP
Page 1
Jj Investments Ltd (Registered number: 07498103)

Balance Sheet
31 January 2020

2020 2019
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 403,657 243,087

CURRENT ASSETS
Debtors 5 7,500 -
Cash at bank 13,733 2,617
21,233 2,617
CREDITORS
Amounts falling due within one year 6 (223,256 ) (240,796 )
NET CURRENT LIABILITIES (202,023 ) (238,179 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
201,634
4,908

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 164,689 -
Retained earnings 36,944 4,907
201,634 4,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 January 2021 and were signed by:





K J Fidock - Director


The notes form part of these financial statements

Page 2
Jj Investments Ltd (Registered number: 07498103)

Notes to the Financial Statements
For The Year Ended 31 January 2020

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - NIL ) .

Page 3 continued...
Jj Investments Ltd (Registered number: 07498103)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2020

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST OR VALUATION
At 1 February 2019 270,311
Revaluations 164,689
At 31 January 2020 435,000
DEPRECIATION
At 1 February 2019 27,224
Charge for year 4,119
At 31 January 2020 31,343
NET BOOK VALUE
At 31 January 2020 403,657
At 31 January 2019 243,087

Cost or valuation at 31 January 2020 is represented by:

Land and
buildings
£   
Valuation in 2020 435,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 7,500 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Taxation and social security 13,871 5,256
Other creditors 209,385 235,540
223,256 240,796

7. RESERVES
Revaluation
reserve
£   
Revaluation Reserve 164,689

At 31 January 2020 164,689

Page 4