Registered number
11525004
JOSH LAWSONS LIMITED
Filleted Accounts
31 August 2024
JOSH LAWSONS LIMITED
Registered number: 11525004
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,185,400 1,943,557
Current assets
Cash at bank and in hand 161,993 54,207
Creditors: amounts falling due within one year 4 (212,236) (205,258)
Net current liabilities (50,243) (151,051)
Total assets less current liabilities 2,135,157 1,792,506
Creditors: amounts falling due after more than one year 5 (958,120) (880,249)
Provisions for liabilities (60,461) -
Net assets 1,116,576 912,257
Capital and reserves
Called up share capital 2,000 2,000
Share premium 849,889 849,889
Revaluation reserve 7 181,382 -
Profit and loss account 83,305 60,368
Shareholders' funds 1,116,576 912,257
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ajit Singh SIDHU
Director
Approved by the board on 22 May 2025
JOSH LAWSONS LIMITED
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes (if applicable). Turnover represents the value of rent receivable.
Investment properties
Investment properties are those held for the purpose of earning rental income and/or capital appreciation. These properties are revalued annually at fair value. Any resulting surplus or deficit arising from the revaluation is recognized in the revaluation reserve. Depreciation is not charged on investment properties, as they are measured at fair value in accordance with applicable accounting standards.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 September 2023 1,943,557
Surplus on revaluation 241,843
At 31 August 2024 2,185,400
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 2,185,400
At 31 August 2023 1,943,557
Freehold land and buildings: 2024 2023
£ £
Historical cost 1,943,557 1,943,557
1,943,557 1,943,557
The fair value of investment properties has been determined by the directors based on their assessment of prevailing market conditions and available valuation data. In the directors’ opinion, the carrying value of these properties is appropriately stated.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 7,457 7,587
Trade creditors 1,253 4,584
Taxation and social security costs 7,646 4,546
Directors loan account 62,171 54,832
Other creditors 133,709 133,709
212,236 205,258
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 752,020 759,249
Shareholders' loan 206,100 121,000
958,120 880,249
6 Loans 2024 2023
£ £
Creditors include:
Amounts payable otherwise than by instalment falling due for payment after more than five years 659,890 659,885
Instalments falling due for payment after more than five years 69,672 73,824
729,562 733,709
Secured bank loans 755,134 760,203
The bank loan is secured by first charge over the freehold land and buildings held by the company.
7 Revaluation reserve 2024 2023
£ £
Gain on revaluation of land and buildings 241,843 -
Deferred taxation arising on the revaluation of land and buildings (60,461) -
At 31 August 2024 181,382 -
8 Related party transactions
During the year, management fees of £2,400 (2023: £2,600) were paid to Shivstar Legal Services Ltd, a company incorporated in England and Wales and controlled by close family members of the director and shareholders of the reporting entity.

Other creditors include unsecured, interest-free loan totalling of £132,510 (2023: £132,510) from the following companies, incorporated in England: 1) Jaujar Enterprises Ltd £40,000 (2023: £40,000); 2) Jaujar Estate Ltd £50,000 (2023: £50,000); 3) Jaujar Investments Ltd £20,010 (2023: £20,010); and 4) Sidhu & Samra Properties Ltd £22,500 (2023: £22,500). All the companies are jointly controlled by the directors Mr Ajit S Sidhu with his close family members. The loans are repayable on demand.

The company received loans from the shareholders and their close family members and total loan balance amounting to £206,100 (2023: £121,000) as at balance sheet date. The loans were shown as shareholders' loan: amounts falling due after more than one year. The loans are interest-free and repayable on demand.
9 Controlling party
During the period the company was controlled by its director Mr A S Sidhu.
10 Other information
JOSH LAWSONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
3 Craneswater Park
Southall
UB2 5RW
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