IRIS Accounts Production v24.3.0.553 03747250 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false Fair value model Ordinary shares 100.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037472502023-03-31037472502024-03-31037472502023-04-012024-03-31037472502022-03-31037472502022-04-012023-03-31037472502023-03-3103747250ns15:EnglandWales2023-04-012024-03-3103747250ns14:PoundSterling2023-04-012024-03-3103747250ns10:Director12023-04-012024-03-3103747250ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103747250ns10:SmallEntities2023-04-012024-03-3103747250ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3103747250ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103747250ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103747250ns10:FullAccounts2023-04-012024-03-3103747250ns10:OrdinaryShareClass12023-04-012024-03-3103747250ns10:Director22023-04-012024-03-3103747250ns10:Director32023-04-012024-03-3103747250ns10:CompanySecretary12023-04-012024-03-3103747250ns10:RegisteredOffice2023-04-012024-03-3103747250ns5:CurrentFinancialInstruments2024-03-3103747250ns5:CurrentFinancialInstruments2023-03-3103747250ns5:Non-currentFinancialInstruments2024-03-3103747250ns5:Non-currentFinancialInstruments2023-03-3103747250ns5:ShareCapital2024-03-3103747250ns5:ShareCapital2023-03-3103747250ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3103747250ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3103747250ns5:RetainedEarningsAccumulatedLosses2024-03-3103747250ns5:RetainedEarningsAccumulatedLosses2023-03-3103747250ns5:FurnitureFittings2023-04-012024-03-3103747250ns5:PlantMachinery2023-03-3103747250ns5:PlantMachinery2024-03-3103747250ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3103747250ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103747250ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 03747250 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

JOHNSON INVESTMENT PROPERTIES LIMITED

JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

JOHNSON INVESTMENT PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D Johnson
Mrs M R Johnson
C Johnson





SECRETARY: D Johnson





REGISTERED OFFICE: Market House
21 Lenten Street
Alton
GU34 1HG





REGISTERED NUMBER: 03747250 (England and Wales)





ACCOUNTANTS: Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG

JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 940,000 940,000
940,000 940,000

CURRENT ASSETS
Debtors 6 10,289 8,330
Cash at bank 31,287 25,573
41,576 33,903
CREDITORS
Amounts falling due within one year 7 54,830 44,954
NET CURRENT LIABILITIES (13,254 ) (11,051 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

926,746

928,949

CREDITORS
Amounts falling due after more than one year 8 (100,000 ) (120,000 )

PROVISIONS FOR LIABILITIES (93,516 ) (93,516 )
NET ASSETS 733,230 715,433

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 645,010 645,010
Retained earnings 88,120 70,323
SHAREHOLDERS' FUNDS 733,230 715,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

BALANCE SHEET - continued
31 MARCH 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 by the Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by:





Mrs M R Johnson - Director


JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Johnson Investment 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
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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the profit or loss.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 1,883
DEPRECIATION
At 1 April 2023
and 31 March 2024 1,883
NET BOOK VALUE
At 31 March 2024 -

JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 940,000
NET BOOK VALUE
At 31 March 2024 940,000
At 31 March 2023 940,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 1999 460,673
Valuation in 2014 229,327
Valuation in 2017 15,109
Valuation in 2019 274,891
Valuation in 2020 (205,000 )
Valuation in 2022 325,000
Valuation in 2023 (160,000 )
940,000

If the property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 460,673 460,673

Investment property was valued on an open market basis on 16 June 2023 by Flude Property Consultants .

In the director's opinion this is unlikely to have changed in this year.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,989 7,030
Other debtors 1,300 1,300
10,289 8,330

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 15,677 15,197
Other creditors 39,153 29,757
54,830 44,954

JOHNSON INVESTMENT PROPERTIES LIMITED (REGISTERED NUMBER: 03747250)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 100,000 120,000

9. CALLED UP SHARE CAPITAL

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

10. RELATED PARTY DISCLOSURES

As at 31 March 2024, the company owed the directors a total of £100,000 (2023: £120,000) in the form of an interest free shareholder loan. This loan is repayable after more than one year at the company's discretion.

As at 31 March 2024, the company also owed the directors a total of £24,040 (2023: £15,627) in the form of a directors loan.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JOHNSON INVESTMENT PROPERTIES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Johnson Investment Properties Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Johnson Investment Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Johnson Investment Properties Limited and state those matters that we have agreed to state to the Board of Directors of Johnson Investment Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Johnson Investment Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Johnson Investment Properties Limited. You consider that Johnson Investment Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Johnson Investment Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG


11 November 2024