JAS Housing Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09415996 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

JAS Housing Developments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Aviles

Mrs D Aviles

REGISTERED OFFICE:

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

REGISTERED NUMBER:

09415996 (England and Wales)

ACCOUNTANTS:

Astons Accountants

Chartered Certified Accountants

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

FIXED ASSETS

Intangible assets

4

4,000

5,000

Tangible assets

5

2,058

640

6,058

5,640

CURRENT ASSETS

Debtors

116,485

39,371

Cash at bank

858

12,868

117,343

52,239

CREDITORS

Amounts falling due within one year

88,440

57,816

NET CURRENT ASSETS/(LIABILITIES)

28,903

(5,577

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,961

63

CREDITORS

Amounts falling due after more than one year

50,000

-

NET (LIABILITIES)/ASSETS

(15,039

)

63

CAPITAL AND RESERVES

Called up share capital

6

6

6

Retained earnings

(15,045

)

57

SHAREHOLDERS' FUNDS

(15,039

)

63

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2021 and were signed on its behalf by:

Mr J Aviles - Director

1.	STATUTORY INFORMATION

JAS Housing Developments Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 20% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The Company is part of a larger structure and it is believed that there will be sufficient resources available to enable the Company to operate as a going concern.

On this basis, the Directors believe that the Company has adequate business and financial resources to continue to trade for more than 12 months after the financial statements are authorised, and meet its liabilities and obligations as they fall due with the support of the Parent Company. Therefore, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2020

and 31 March 2021

10,000

AMORTISATION

At 1 April 2020

5,000

Amortisation for year

1,000

At 31 March 2021

6,000

NET BOOK VALUE

At 31 March 2021

4,000

At 31 March 2020

5,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2020

23,960

Additions

1,799

At 31 March 2021

25,759

DEPRECIATION

At 1 April 2020

23,320

Charge for year

381

At 31 March 2021

23,701

NET BOOK VALUE

At 31 March 2021

2,058

At 31 March 2020

640

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.21

31.3.20

value:

£

£

2

Ordinary A

£1

2

2

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

6

6