2023-10-01 2024-09-30 false No description of principal activity Capium Accounts Production 1.1 00983778 2023-10-01 2024-09-30 00983778 bus:FullAccounts 2023-10-01 2024-09-30 00983778 bus:FRS102 2023-10-01 2024-09-30 00983778 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 00983778 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 00983778 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 00983778 2023-10-01 2024-09-30 00983778 2024-09-30 00983778 bus:RegisteredOffice 2023-10-01 2024-09-30 00983778 core:WithinOneYear 2024-09-30 00983778 core:AfterOneYear 2024-09-30 00983778 1 2023-10-01 2024-09-30 00983778 bus:Director1 2023-10-01 2024-09-30 00983778 bus:Director1 2024-09-30 00983778 bus:Director1 2022-10-01 2023-09-30 00983778 2022-10-01 00983778 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 00983778 2022-10-01 2023-09-30 00983778 2023-09-30 00983778 core:WithinOneYear 2023-09-30 00983778 core:AfterOneYear 2023-09-30 00983778 bus:EntityAccountantsOrAuditors 2022-10-01 2023-09-30 00983778 core:LandBuildings 2023-10-01 2024-09-30 00983778 core:LandBuildings 2024-09-30 00983778 core:LandBuildings 2023-09-30 00983778 core:PlantMachinery 2023-10-01 2024-09-30 00983778 core:PlantMachinery 2024-09-30 00983778 core:PlantMachinery 2023-09-30 00983778 core:MotorCars 2023-10-01 2024-09-30 00983778 core:MotorCars 2024-09-30 00983778 core:MotorCars 2023-09-30 00983778 core:FurnitureFittings 2023-10-01 2024-09-30 00983778 core:FurnitureFittings 2024-09-30 00983778 core:FurnitureFittings 2023-09-30 00983778 core:InvestmentProperties 2023-10-01 2024-09-30 00983778 core:InvestmentProperties 2024-09-30 00983778 core:InvestmentProperties 2023-09-30 00983778 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-09-30 00983778 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-09-30 00983778 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 00983778 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 00983778 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 00983778 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 00983778 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 00983778 core:Non-currentFinancialInstruments 2024-09-30 00983778 core:Non-currentFinancialInstruments 2023-09-30 00983778 core:ShareCapital 2024-09-30 00983778 core:ShareCapital 2023-09-30 00983778 core:RevaluationReserve 2024-09-30 00983778 core:RevaluationReserve 2023-09-30 00983778 core:RetainedEarningsAccumulatedLosses 2024-09-30 00983778 core:RetainedEarningsAccumulatedLosses 2023-09-30 00983778 dpl:Item1 2023-10-01 00983778 dpl:Item1 2024-09-30 00983778 dpl:Item1 2022-10-01 00983778 dpl:Item1 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 00983778
England and Wales

 

 

 

J MOULD PROPERTY LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

J Mould Property Limited
Contents Page
For the year ended 30 September 2024
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 3 3,997,445    4,737,019 
3,997,445    4,737,019 
Current assets      
Stocks 4 2,517,736    3,281,605 
Debtors 5 249,953    114,193 
Cash at bank and in hand (38,224)   67,073 
2,729,465    3,462,871 
Creditors: amount falling due within one year 6 (3,815,201)   (3,608,099)
Net current assets (1,085,736)   (145,228)
 
Total assets less current liabilities 2,911,709    4,591,791 
Creditors: amount falling due after more than one year 7 (413,755)   (413,755)
Net assets 2,497,954    4,178,036 
 

Capital and reserves 		     
Called up share capital 378    378 
Revaluation Reserves 8 1,847,633    2,551,476 
Profit and loss account 649,943    1,626,182 
Shareholders' funds 2,497,954    4,178,036 
 


For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 11 August 2025 and were signed by:


-------------------------------
J Mould
Director
1
General Information
J Mould Property Limited is a private company, limited by shares, registered in England and Wales, registration number 00983778, registration address Merlin House, Brunel Road, Theale, Reading, Berkshire, RG7 4AB. The trading address of the company is 1 Pingewood Close , Burghfield, Reading, RG30 8HN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Going concern basis
The company meets its day to day working capital requirements partially through the support of its director, creditors and bankers. The director has considered the projected trading activities of the company during the foreseeable post year-end period. Post year end the company has sold most of its property portfolio which has generated sufficient funds to settle the bank borrowings. On the basis of this review the director considers the company will continue to operate within the available finance facilities. However the margin of finance facilities over requirements is not large and inherently there can be no certainty in relation to this matter. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the company's creditors or bankers.
Turnover
Turnover comprises net invoiced rental charges receivable net of value added tax and the sale of buildings on completion.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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 statement of financial position date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:



At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
Land and Buildings 2% Straight Line
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Straight Line
Fixtures and Fittings 25% Reducing Balance
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.

Investment properties are recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Stocks
Stocks comprise trading properties which are either completed or in the course of construction and which are held for resale and are valued at the lower of cost and market value.
Buildings that are reclassified from current assets to fixed assets, as business premises, are done so at current market value.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Investment properties   Total
  £   £   £   £   £   £
At 01 October 2023 4,848,226    594,141    19,195    12,454    305,096    5,779,112 
Additions -    -    -    -    -    - 
Disposals -    -    -    -    -    - 
Revaluations (703,843)   -    -    -    -    (703,843)
At 30 September 2024 4,144,383    594,141    19,195    12,454    305,096    5,075,269 
Depreciation
At 01 October 2023 419,746    590,698    19,195    12,454    -    1,042,093 
Charge for year 32,288    3,443    -    -    -    35,731 
On disposals -    -    -    -    -    - 
At 30 September 2024 452,034    594,141    19,195    12,454    -    1,077,824 
Net book values
Closing balance as at 30 September 2024 3,692,349    -    -    -    305,096    3,997,445 
Opening balance as at 01 October 2023 4,428,480    3,443    -    -    305,096    4,737,019 

Cost or valuation at 30 September 2024 is represented by:
.   Land & buildings
£		   Plant & machinery
£		   Fixtures & fittings
£		   Motor vehicles
£		   Total
£
Valuation in 2000 1,466,746  -  -  -  1,466,746 
Valuation in 2002 231,790  -  -  -  231,790 
Valuation in 2003 1,221,877  -  -  -  1,221,877 
Valuation in 2023 (368,937) -  -  -  (368,937)
Valuation in 2024 (703,843) -  -  -  (703,843)
Cost 2,601,846  594,141  12,454  19,195  2,922,540 
4,449,479  594,141  12,454  19,195  4,770,173 


The investment property was valued by the director on an open market basis at 30 September 2024. 

4.

Stocks

2024
£		   2023
£
Work in Progress 2,517,736    3,281,605 
2,517,736    3,281,605 

5.

Debtors: amounts falling due within one year

2024
£		   2023
£
Trade Debtors 214,428    114,193 
Prepayments & Accrued Income 35,525    0 
249,953    114,193 

6.

Creditors: amount falling due within one year

2024
£		   2023
£
Trade Creditors 49,346    29,869 
Bank Loans & Overdrafts (Secured) 3,349,312    3,429,312 
Corporation Tax 22,667    19,664 
PAYE & Social Security 36,677    5,913 
Accrued Expenses 115,214    52,541 
Other Creditors 241,985    70,800 
3,815,201    3,608,099 
Secured Debts
The overdraft facility and bank loans of £3,349,312 (2023 - £3,429,312) have been secured by personal guarantees of £1.5m from J Mould backed by legal charges over certain properties owned by the company and the director personally.

7.

Creditors: amount falling due after more than one year

2024
£		   2023
£
Directors' Loan Accounts 413,755    413,755 
413,755    413,755 

8.

Revaluation Reserves

2024
£		   2023
£
Revaluation Reserve b/fwd 2,551,476    2,920,413 
Revaluation of Fixed Assets (703,843)   (368,937)
1,847,633    2,551,476 

9.

Ultimate controlling party

The company is under the control of its director J Mould by virtue of his shareholding in the company.
2