Company Registration No. 11799346 (England and Wales)
Jada Properties Limited
Unaudited accounts
for the year ended 31 March 2021
Jada Properties Limited
Unaudited accounts
Contents
Jada Properties Limited
Company Information
for the year ended 31 March 2021
Directors
Daniel Owen Whebell
James Alexander Marklew
Company Number
11799346 (England and Wales)
Registered Office
54C Balham Park Road
Balham
London
SW12 8DU
United Kingdom
Accountants
Clark's Accountancy
119 Albury Road
Merstham
Surrey
RH1 3LW
Jada Properties Limited
Statement of financial position
as at 31 March 2021
Investment property
556,218
136,406
Cash at bank and in hand
2,448
3,250
Creditors: amounts falling due within one year
(179,643)
(51,626)
Net current liabilities
(168,879)
(40,060)
Total assets less current liabilities
387,339
96,346
Creditors: amounts falling due after more than one year
(402,680)
(98,215)
Net liabilities
(15,341)
(1,869)
Called up share capital
2
2
Profit and loss account
(15,343)
(1,871)
Shareholders' funds
(15,341)
(1,869)
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2021 and were signed on its behalf by
Daniel Owen Whebell
Director
Company Registration No. 11799346
Jada Properties Limited
Notes to the Accounts
for the year ended 31 March 2021
Jada Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11799346. The registered office is 54C Balham Park Road, Balham, London, SW12 8DU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 April 2020
136,406
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Other creditors
59,855
24,374
Loans from directors
119,788
25,859
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Jada Properties Limited
Notes to the Accounts
for the year ended 31 March 2021
9
Transactions with related parties
At the end of the period £24,374, included within Other Creditors, is due to TMP Horizon Ltd, a company which is controlled by James Marklew, Director and Shareholder of Jada Properties Limited. No interest is charge on this balance.
Included within other debtors is £8,316 due from Jada Property Investments Limited, a company owned and controlled by James Marklew and Daniel Whebell. No interest is charged on this balance.
10
Average number of employees
During the year the average number of employees was 2 (2020: 2).
