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J. V. PROPERTIES (UK) LIMITED - Company Information

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Draft

J. V. PROPERTIES (UK) LTD

Registered Number:06273801

For the year ended 30 June 2017

England and Wales

Unaudited Financial Statements

Draft

For the year ended 30 June 2017

J. V. PROPERTIES (UK) LTD

Contents Page

Statement of Financial Position

2 to 4

Notes to the Financial Statements

Draft

As at 30 June 2017

J. V. PROPERTIES (UK) LTD

Statement of Financial Position

Registered Number :

06273801

2016

2017

Notes

Fixed assets

Property, plant and equipment

499,834

505,401

Financial assets

650,000

1,149,834

1,155,401

Current assets

Trade and other receivables

(1)

1,003

Cash and cash equivalents

10,507

10,506

1,002

Trade and other payables: amounts falling due within one

year

(1,130,785)

(1,131,914)

(1,129,783)

(1,121,408)

Net current liabilities

Total assets less current liabilities

28,426

25,618

28,426

Net assets

25,618

Capital and reserves

Called up share capital

200

Retained earnings

28,226

25,418

28,426

25,618

Shareholders' funds

For the year ended 30 June 2017 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 of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Mr Roberto Gambetti Director

These financial statements were approved and authorised for issue by the Board on 29 March 2018 and were signed by:

The notes form part of these financial statements

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Draft

For the year ended 30 June 2017

J. V. PROPERTIES (UK) LTD

Notes to the Financial Statements

Statutory Information

J. V. PROPERTIES (UK) LTD is a private limited company, limited by shares, domiciled in England and Wales,

registration number 06273801.

Principal place of business:

Flat 34

Alice Shepherd House

390 Manchester Road

London

E14 3ET

Registered address:

c/o G Teoli & Co

Balfour House

741 High Road

London

N12 0BP

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover represents rents receivable.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and buildings

1% Straight line

25% Straight line

Computer equipment

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

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For the year ended 30 June 2017

J. V. PROPERTIES (UK) LTD

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Land and

buildings

Cost or

valuation

At 01 July 2016

540,439

807

539,632

At 30 June 2017

539,632

807

540,439

Provision for depreciation and impairment

At 01 July 2016

35,038

402

34,636

Charge for year

5,567

201

5,366

At 30 June 2017

40,605

603

40,002

At 30 June 2017

Net book value

499,630

204

499,834

At 30 June 2016

504,996

405

505,401

3. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 July 2016

650,000

Cost

At 30 June 2017

650,000

At 30 June 2017

Net book value

650,000

At 01 July 2016

650,000

4. Trade and other receivables

2016

2017

Trade debtors

(1)

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Draft

For the year ended 30 June 2017

J. V. PROPERTIES (UK) LTD

Notes to the Financial Statements Continued

5. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

6,449

650,000

Taxation and social security

3,265

1,853

Other creditors

1,122,200

478,932

1,131,914

1,130,785

6. Related party transactions

J. V. Properties (UK) Ltd owns the entire share capital of Conenergy UK Ltd, 650,000 ordinary shares of £1 each

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