Jedfin Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 10697481 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 MARCH 2017 TO 31 MARCH 2018

FOR

JEDFIN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Thomas

SECRETARY:

Z Thomas

REGISTERED OFFICE:

7 Pollicott Close

St Albans

Hertfordshire

AL4 9YL

REGISTERED NUMBER:

10697481 (England and Wales)

ACCOUNTANTS:

LBCA Ltd

1 Waterside

Station Road

Harpenden

Hertfordshire

AL5 4US

FIXED ASSETS

Tangible assets

4

35,685

Investment property

5

651,879

687,564

CURRENT ASSETS

Debtors

6

6,993

Cash at bank and in hand

6,546

13,539

CREDITORS

Amounts falling due within one year

7

415,493

NET CURRENT LIABILITIES

(401,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

285,610

CREDITORS

Amounts falling due after more than one year

8

(292,180

)

PROVISIONS FOR LIABILITIES

(477

)

NET LIABILITIES

(7,047

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(7,049

)

(7,047

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20 December 2018 and were signed by:

K Thomas - Director

1.	STATUTORY INFORMATION

Jedfin 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 the provisions of Section 1A "Small Entities" 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 cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

Deferred tax is provided at the rate expected to apply when the property is sold.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

47,580

At 31 March 2018

47,580

DEPRECIATION

Charge for period

11,895

At 31 March 2018

11,895

NET BOOK VALUE

At 31 March 2018

35,685

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

651,879

At 31 March 2018

651,879

NET BOOK VALUE

At 31 March 2018

651,879

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,515

Other debtors

5,478

6,993

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

404

Taxation and social security

489

Other creditors

414,600

415,493

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

292,180

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is a total of £300,313 owed to the directors and shareholders.

10.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £89,389 owed to Anaserv Ltd, a company with common directors

and shareholders.