J. K. L. Property Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01292788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2022

for

J. K. L. PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

B N Habib

Registered office:

3 Danebrook Court

Langford Lane

Kidlington

Oxfordshire

OX5 1LQ

Registered number:

01292788 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

3 Danebrook Court

Langford Lane

Kidlington

Oxfordshire

OX5 1LQ

Current assets

Debtors

4

348,373

388,373

Creditors

Amounts falling due within one year

5

46,781

86,781

Net current assets

301,592

301,592

Total assets less current liabilities

301,592

301,592

Creditors

Amounts falling due after more than one year

6

30,000

30,000

Net assets

271,592

271,592

Capital and reserves

Called up share capital

10,102

10,102

Share premium

448,921

448,921

Capital redemption reserve

2,531

2,531

Retained earnings

(189,962

)

(189,962

)

Shareholders' funds

271,592

271,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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 12 January 2023 and were signed by:

B N Habib - Director

1.	Statutory information

J. K. L. Property 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.

Going concern

The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3.	Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4.

Debtors: amounts falling due within one year

31/10/22

31/10/21

£

£

Other debtors

348,373

388,373

5.

Creditors: amounts falling due within one year

31/10/22

31/10/21

£

£

Other creditors

46,781

86,781

Included in other creditors above is a loan of £46,781 (2021 - £86,781) from B N Habib, the company director.

6.

Creditors: amounts falling due after more than one year

31/10/22

31/10/21

£

£

Other creditors

30,000

30,000

7.	Related party disclosures

At 31 October 2022, the company owed £348,373 (2021 - £388,373) to Legatum Limited, a company of which B N Habib is a director.