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REGISTERED NUMBER: 11810421 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024

FOR

J H O PROPERTIES LIMITED

J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J H O PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024







DIRECTORS: Ms H Gray
J T Ormiston





REGISTERED OFFICE: The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN





REGISTERED NUMBER: 11810421 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN

J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 13,783
Investment property 5 - 950,000
- 963,783

CURRENT ASSETS
Debtors 6 1,371 291
Cash at bank 195,818 1,348
197,189 1,639
CREDITORS
Amounts falling due within one year 7 74,500 837,065
NET CURRENT ASSETS/(LIABILITIES) 122,689 (835,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,689

128,357

PROVISIONS FOR LIABILITIES - 2,619
NET ASSETS 122,689 125,738

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 - 64,800
Retained earnings 122,589 60,838
SHAREHOLDERS' FUNDS 122,689 125,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

BALANCE SHEET - continued
30 JUNE 2024


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 and authorised for issue by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





J T Ormiston - Director


J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024


1. STATUTORY INFORMATION

J H O 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company has not prepared the financial statements on the going concern basis as the company has now ceased trading as at 30th June 2024, therefore the breakup basis has been used.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are 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.

Pension costs and other post-retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Employee benefits

J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
The costs of short-term employee benefits are recognised as a liability and an expense, unless those cost are required to be recognised as part of the cost of stock or fixed assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2023 30,534
Additions 1,227
Disposals (31,761 )
At 30 June 2024 -
DEPRECIATION
At 1 March 2023 16,751
Charge for period 7,869
Eliminated on disposal (24,620 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 28 February 2023 13,783

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 March 2023 950,000
Disposals (950,000 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 28 February 2023 950,000

J H O PROPERTIES LIMITED (REGISTERED NUMBER: 11810421)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 30 JUNE 2024


5. INVESTMENT PROPERTY - continued

Fair Value 2024 2023
£    £   
At 1 March 2022 and 28 February 2023 950,000 950,000
Disposal of property 2024 (950,000 )
- 950,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 1,371 291

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 40,954 12,400
Other creditors 33,546 824,665
74,500 837,065

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

9. RESERVES
Fair value
reserve
£
At 1 March 2023 64,800
Property revaluation (64,800 )

At 30 June 2024 -

10. RELATED PARTY TRANSACTIONS

2024 2023
Amounts due to related parties £    £   

Mr J Orminston 13,226.50 409,240.50
Ms H Gray 13,226.50 409,240.50