Company Registration No. 03419247 (England and Wales)
JD ASSET MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 March 2022
JD ASSET MANAGEMENT LIMITED
Unaudited accounts
Contents
JD ASSET MANAGEMENT LIMITED
Company Information
for the year ended 31 March 2022
Company Number
03419247 (England and Wales)
Registered Office
UNIT 20 BELVUE BUSINESS CENTRE
BELVUE ROAD
NORTHOLT
MIDDLESEX
UB5 5QQ
Accountants
ONE 2 ONE ACCOUNTANCY
OFFICE 5
DREWITT HOUSE
865 RINGWOOD ROAD
BH11 8LL
JD ASSET MANAGEMENT LIMITED
Statement of financial position
as at
31 March 2022
Tangible assets
66,729
37,750
Cash at bank and in hand
204,004
65,386
Creditors: amounts falling due within one year
(604,778)
(418,978)
Net current (liabilities)/assets
(39,850)
48,296
Total assets less current liabilities
26,879
86,046
Creditors: amounts falling due after more than one year
(73,641)
(50,000)
Net (liabilities)/assets
(46,762)
36,046
Called up share capital
50,000
50,000
Profit and loss account
(96,762)
(13,954)
Shareholders' funds
(46,762)
36,046
For the year ending 31 March 2022 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 director acknowledges her 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 and authorised for issue on 30 December 2022 and were signed on its behalf by
JOTI BHATIA
Director
Company Registration No. 03419247
JD ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2022
JD ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03419247. The registered office is UNIT 20 BELVUE BUSINESS CENTRE, BELVUE ROAD, NORTHOLT, MIDDLESEX, UB5 5QQ.
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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.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
35,000
-
7,974
42,974
Additions
10,000
25,000
-
35,000
At 31 March 2022
45,000
25,000
7,974
77,974
At 1 April 2021
-
-
5,224
5,224
Charge for the year
4,375
1,302
344
6,021
At 31 March 2022
4,375
1,302
5,568
11,245
At 31 March 2022
40,625
23,698
2,406
66,729
At 31 March 2021
35,000
-
2,750
37,750
JD ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
57,024
80,211
Other debtors
303,900
320,500
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
430,362
345,221
Taxes and social security
-
1,031
Other creditors
163,714
62,476
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Creditors: amounts falling due after more than one year
2022
2021
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Average number of employees
During the year the average number of employees was 0 (2021: 0).