Company No: 12798324 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Guy Charles Cameron Leslie
	Timothy Grahame Leslie

Registered office	4th Floor Eagle House
	110 Jermyn Street
	London
	SW1Y 6EE
	United Kingdom

Company number

12798324 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2024		2023
		£		£
Current assets
Debtors	3	554,788		379,764
Cash at bank and in hand		65,592		67,664
		620,380		447,428
Creditors: amounts falling due within one year	4	( 559,821)		( 451,529)
Net current assets/(liabilities)		60,559		(4,101)
Total assets less current liabilities		60,559		(4,101)
Net assets/(liabilities)		60,559		( 4,101)
Capital and reserves
Called-up share capital	5	10,000		10,000
Profit and loss account		50,559		( 14,101 )
Total shareholder's funds/(deficit)		60,559		( 4,101)

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of JCAM Property Limited (registered number: 12798324) were approved and authorised for issue by the Board of Directors on 24 September 2025. They were signed on its behalf by:

T G Leslie Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JCAM Property Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4th Floor Eagle House, 110 Jermyn Street, London, SW1Y 6EE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		6

3. Debtors

	2024		2023
	£		£
Corporation tax	0		351
Other debtors	554,788		379,413
	554,788		379,764

4. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	216		150
Other loans	51,439		226,439
Accruals and deferred income	488,840		224,940
Taxation and social security	19,326		0
	559,821		451,529

5. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
10,000 Ordinary shares of £ 1.00 each	10,000		10,000

6. Related party transactions

The Company recharged expenses of £503,160 (2023: £147,940) to S & F Investment Advisors Limited, an entity under common control. The company also received £165,010 from S & F Investment Advisors Limited in the year and issued and received £300,000 (2023: £300,000) in regards to advisory fees from S & F Investment Advisors Limited. As at 31 December 2024 the Company was owed £486,090 (2023: £147,940) from S & F Investment Advisors Limited.

The Company also received a loan of £Nil (2023: £226,439) from JCAM Investments Limited, an entity under common control. As at 31 December 2024 the company owed £51,439 (2023: £226,439) to JCAM Investments Limited.

The Company loaned £Nil (2023: £226,439) to James Aston an employee of the company at an interest rate of 6% per anum. As at the 31 December 2024 the company was owed £65,668 (2023: £229,835)

7. Ultimate controlling party

The Company is controlled by Timothy Leslie by virtue of owning 100% of the share capital.