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REGISTERED NUMBER: 14051397 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2024 to 31 May 2025

for

SR Johnson Property Limited

SR Johnson Property Limited (Registered number: 14051397)






Contents of the Financial Statements
for the Period 1 May 2024 to 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SR Johnson Property Limited

Company Information
for the Period 1 May 2024 to 31 May 2025







DIRECTORS: R Johnson
S Johnson





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 14051397 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

SR Johnson Property Limited (Registered number: 14051397)

Balance Sheet
31 May 2025

31/5/25 30/4/24
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 - 299,964

CURRENT ASSETS
Debtors 6 - 2,386
Cash at bank 28,010 2,877
28,010 5,263
CREDITORS
Amounts falling due within one year 7 68,925 147,673
NET CURRENT LIABILITIES (40,915 ) (142,410 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(40,915

)

157,554

CREDITORS
Amounts falling due after more than one
year

8

-

166,893
NET LIABILITIES (40,915 ) (9,339 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (41,015 ) (9,439 )
(40,915 ) (9,339 )

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

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

SR Johnson Property Limited (Registered number: 14051397)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





R Johnson - Director


SR Johnson Property Limited (Registered number: 14051397)

Notes to the Financial Statements
for the Period 1 May 2024 to 31 May 2025

1. STATUTORY INFORMATION

SR Johnson Property 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have not been prepared on a going concern basis as the company ceased trading on 7 May 2025 following the sale of the investment property. The directors have determined that it is no longer appropriate to prepare the accounts on a going concern basis due to the strategic decision to close the company.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets
Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at the transaction value.

They are then subsequently carried at amortised cost using the effective interest rate method.

At the end of each reporting period financial assets are assessed for impairment. If an impairment exists the impairment loss is recognised in the income statement.

Financial assets are derecognised when:
- the contractual right to cash flows from the asset are settled or expire,
- substantially all the risk and rewards of the ownership of the asset are transferred to another party or
- despite retaining some significant risks and rewards, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset without additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at the transaction value.

They are then subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the liability is discharged, cancelled or expires.

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.

SR Johnson Property Limited (Registered number: 14051397)

Notes to the Financial Statements - continued
for the Period 1 May 2024 to 31 May 2025

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - 2 ).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2024 299,964
Disposals (299,964 )
At 31 May 2025 -
NET BOOK VALUE
At 31 May 2025 -
At 30 April 2024 299,964

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/25 30/4/24
£    £   
Other debtors - 2,386

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/25 30/4/24
£    £   
Bank loans and overdrafts - 7,102
Trade creditors 115 1
Other creditors 68,810 140,570
68,925 147,673

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/25 30/4/24
£    £   
Bank loans - 166,893

SR Johnson Property Limited (Registered number: 14051397)

Notes to the Financial Statements - continued
for the Period 1 May 2024 to 31 May 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

31/5/25 30/4/24
£    £   
Bank loans - 173,995

10. RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed the directors a balance of £66,770 (2024 £138,771).

11. ULTIMATE CONTROLLING PARTY

The directors jointly control the company.