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REGISTERED NUMBER: 11785009 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TJ3 PROPERTY CO LTD

TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TJ3 PROPERTY CO LTD

COMPANY INFORMATION
for the Year Ended 31 January 2025







DIRECTOR: Mr T Jeffries





REGISTERED OFFICE: 54 Sun Street
Waltham Abbey
Essex
EN9 1EJ





REGISTERED NUMBER: 11785009 (England and Wales)





ACCOUNTANTS: DLC Accountancy Ltd
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)

BALANCE SHEET
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,124 1,033
Investment property 5 1,495,734 1,360,007
1,496,858 1,361,040

CURRENT ASSETS
Debtors 6 5,160 1
Cash at bank and in hand 16,163 297
21,323 298
CREDITORS
Amounts falling due within one year 7 (843,258 ) (610,878 )
NET CURRENT LIABILITIES (821,935 ) (610,580 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

674,923

750,460

CREDITORS
Amounts falling due after more than one year 8 (866,046 ) (935,608 )
NET LIABILITIES (191,123 ) (185,148 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (191,124 ) (185,149 )
(191,123 ) (185,148 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)

BALANCE SHEET - continued
31 January 2025


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 director and authorised for issue on 10 June 2025 and were signed by:





Mr T Jeffries - Director


TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

TJ3 PROPERTY CO LTD 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.

The financial statements are presented in sterling (£) which is also the functional currency for the company and rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes as appropriate.

The company's turnover derives from rental income from a commercial property.

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 cost

Investment property
The company's investment properties have been valued at their open market value. The valuation of the investment properties is undertaken annually by the company directors with periodic external open market valuations. Any change in the value of the properties is reflected within the profit and loss account for the period

Taxation
Taxation for the year 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 year 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.

TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

Trading outlook
Due to the agreed provision of loan support to the company the company's director is confident that the company will be able to trade for a period of at least twelve months beyond the date of approval of these financial statements. Accordingly, the company's financial statements are prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 4,157
Additions 582
At 31 January 2025 4,739
DEPRECIATION
At 1 February 2024 3,124
Charge for year 491
At 31 January 2025 3,615
NET BOOK VALUE
At 31 January 2025 1,124
At 31 January 2024 1,033

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 1,360,007
Additions 135,727
At 31 January 2025 1,495,734
NET BOOK VALUE
At 31 January 2025 1,495,734
At 31 January 2024 1,360,007

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 5,160 1

TJ3 PROPERTY CO LTD (REGISTERED NUMBER: 11785009)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 4,634 10,088
Other creditors 838,624 600,790
843,258 610,878

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 50,000 50,000
Other creditors 816,046 885,608
866,046 935,608

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 68,829 236,829

Repayable by instalments
Other loans more 5yrs instal 747,217 648,779

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Other loans 797,217 698,779

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr T Jeffries.