Jane Duncan Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04848228 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 JUNE 2021 TO 30 JUNE 2022

FOR

JANE DUNCAN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J E Duncan

SECRETARY:

I M Duncan

REGISTERED OFFICE:

Hardy House

Northbridge Road

Berkhamsted

Hertfordshire

HP4 1EF

REGISTERED NUMBER:

04848228 (England and Wales)

ACCOUNTANTS:

COLIN GRAY & CO LIMITED

Chartered Accountants

Hardy House

Northbridge Road

Berkhamsted

Hertfordshire

HP4 1EF

FIXED ASSETS

Investment property

4

695,288

CURRENT ASSETS

Debtors

5

4,601

30,044

Cash at bank and in hand

172,669

159,588

177,270

189,632

CREDITORS

Amounts falling due within one year

6

117,956

111,495

NET CURRENT ASSETS

59,314

78,137

TOTAL ASSETS LESS CURRENT
LIABILITIES

754,602

773,425

PROVISIONS FOR LIABILITIES

24,415

NET ASSETS

730,187

749,010

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

730,087

748,910

SHAREHOLDERS' FUNDS

730,187

749,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 4 January 2023 and were signed by:

J E Duncan - Director

1.	STATUTORY INFORMATION

Jane Duncan Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2021

and 30 June 2022

695,288

NET BOOK VALUE

At 30 June 2022

695,288

At 31 May 2021

695,288

The investment property was valued on an open market basis on 30 June 2022 by the directors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Trade debtors

-

11,400

Other debtors

4,601

18,644

4,601

30,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Trade creditors

-

13,741

Taxation and social security

1,684

5,691

Other creditors

116,272

92,063

117,956

111,495

Jane Duncan Properties Limited - Accounts to registrar (filleted) - small 18.2

Jane Duncan Properties Limited - Accounts to registrar (filleted) - small 18.2