Jada Property Investments Limited

Jada Property Investments Limited

JADA PROPERTY INVESTMENTS LIMITED - Company Information

Print Friendly Version

1 April 2020 false No description of principal activity Taxfiler 2021.20 12084181business:PrivateLimitedCompanyLtd2020-04-012021-03-31 120841812020-03-31 120841812020-04-012021-03-31 12084181business:AuditExemptWithAccountantsReport2020-04-012021-03-31 12084181business:FullAccounts2020-04-012021-03-31 120841812021-03-31 12084181business:Director12020-04-012021-03-31 12084181business:Director22020-04-012021-03-31 12084181business:RegisteredOffice2020-04-012021-03-31 120841812020-03-31 12084181core:WithinOneYear2021-03-31 12084181core:WithinOneYear2020-03-31 12084181core:AfterOneYear2021-03-31 12084181core:AfterOneYear2020-03-31 12084181core:ShareCapital2021-03-31 12084181core:ShareCapital2020-03-31 12084181core:RetainedEarningsAccumulatedLosses2021-03-31 12084181core:RetainedEarningsAccumulatedLosses2020-03-31 12084181business:SmallEntities2020-04-012021-03-31 12084181countries:EnglandWales2020-04-012021-03-31 12084181business:OrdinaryShareClass12020-04-012021-03-31 12084181business:OrdinaryShareClass12019-07-032020-03-31 120841812019-07-032020-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12084181 (England and Wales)
Jada Property Investments Limited Unaudited accounts for the year ended 31 March 2021
Jada Property Investments Limited Unaudited accounts Contents
Page
- 2 -
Jada Property Investments Limited Company Information for the year ended 31 March 2021
Directors
James Alexander Marklew Daniel Owen Whebell
Company Number
12084181 (England and Wales)
Registered Office
54C Balham Park Road Balham London SW12 8DU England
Accountants
Clark's Accountancy 119 Albury Road Merstham Surrey RH1 3LW
- 3 -
Jada Property Investments Limited Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Called up share capital not paid
- 
10 
Current assets
Debtors
4
79,012 
5,572 
Cash at bank and in hand
29,022 
3,186 
108,034 
8,758 
Creditors: amounts falling due within one year
5
(34,606)
(21,348)
Net current assets/(liabilities)
73,428 
(12,590)
Total assets less current liabilities
73,428 
(12,580)
Creditors: amounts falling due after more than one year
6
(112,909)
- 
Net liabilities
(39,481)
(12,580)
Capital and reserves
Called up share capital
7
10 
10 
Profit and loss account
(39,491)
(12,590)
Shareholders' funds
(39,481)
(12,580)
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. 12084181
- 4 -
Jada Property Investments Limited Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
Jada Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 12084181. The registered office is 54C Balham Park Road, Balham, London, SW12 8DU, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is rents receivable.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
5,572 
5,572 
Debtors: amounts falling due after more than one year
Other debtors
73,440 
- 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other creditors
34,606 
15,348 
Loans from directors
- 
6,000 
34,606 
21,348 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
49,487 
- 
Loans from directors
63,422 
- 
112,909 
- 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.01 each
10 
10 
- 5 -
Jada Property Investments Limited Notes to the Accounts for the year ended 31 March 2021
8
Transactions with related parties
At the end of the period included within other creditors are the following amounts: £21,313 (2020: £6,000), due to TMP Horizon Ltd, a company which is controlled by James Marklew, Director and Shareholder of Jada Property Investments Limited. No interest is charged on this balance. £8,316 (2020: £8,316) due to Jada Properties Limited, a company owned and controlled by James Marklew and Daniel Whebell. No interest is charged on this balance. £3,880 (2020: nil) due to Cicero Holdings Limited, a company owned and controlled by Daniel Whebell, a Director and Shareholder of Jada Property Investments Limited. No interest is charged on this balance.
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).
- 6 -