JBL Prop Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13808285

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		603,285		344,001

			603,285		344,001
CURRENT ASSETS
Cash at bank and in hand		1,739		2,775

		1,739		2,775
Creditors: Amounts Falling Due Within One Year	5	(249,134 )		(172,249 )

NET CURRENT ASSETS (LIABILITIES)			(247,395 )		(169,474 )

TOTAL ASSETS LESS CURRENT LIABILITIES			355,890		174,527

Creditors: Amounts Falling Due After More Than One Year	6		(368,123 )		(180,582 )

NET LIABILITIES			(12,233 )		(6,055 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(12,234 )		(6,056 )

SHAREHOLDERS' FUNDS			(12,233)		(6,055)

Page 1

Page 2

JBL Prop Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Justinath Ludhor

Director

16/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

JBL Prop Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13808285 . The registered office is 37 Cross Road, Witham, CM8 2NA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 January 2024	344,001
Additions	259,284

As at 31 December 2024	603,285

Net Book Value
As at 31 December 2024	603,285

As at 1 January 2024	344,001

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	411	288
Directors' loan accounts	208,723	131,961
Amounts owed to group undertakings	40,000	40,000

	249,134	172,249

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	368,123	180,582

Page 3

Page 4

JBL Prop Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Justinath Ludhor	(131,961 )	(76,762 )	-	-	(208,723 )

The above loan is unsecured, interest free and repayable on demand.

Page 4