JC RESIDENTIAL INVESTMENTS LTD


Director	COLE, Joshua


Registered Address	Unit 9, Silicon House Farfield Park
	Manvers
	Rotherham
	S63 5DB


Registered Number	12629377 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		45,750		3,512
Investment property	4		745,126		745,126
			790,876		748,638
Current assets
Debtors		5,000		-
Cash at bank and on hand		39,257		47,956
		44,257		47,956
Creditors amounts falling due within one year	5	(153,263)		(40,762)
Net current assets (liabilities)			(109,006)		7,194
Total assets less current liabilities			681,870		755,832
Creditors amounts falling due after one year	6		(81,801)		(161,046)
Provisions for liabilities	8		-		(878)
Net assets			600,069		593,908
Capital and reserves
Called up share capital			1		1
Profit and loss account			600,068		593,907
Shareholders' funds			600,069		593,908

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 August 2025, and are signed on its behalf by:

COLE, Joshua
Director
Registered Company No. 12629377

JC RESIDENTIAL INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

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/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	5

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 24	4,390	4,390
Additions	53,892	53,892
At 31 March 25	58,282	58,282
Depreciation and impairment
At 01 April 24	878	878
Charge for year	11,654	11,654
At 31 March 25	12,532	12,532
Net book value
At 31 March 25	45,750	45,750
At 31 March 24	3,512	3,512

4.	Investment property
	The investment properties are included at cost, the director is of the opinion that the cost is a true reflection of the market value.


		£
	Fair value at 01 April 24	745,126
	At 31 March 25	745,126

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	3,000	5,200
Amounts owed to related parties	135,628	20,646
Taxation and social security	11,918	12,260
Other creditors	1,816	1,816
Accrued liabilities and deferred income	901	840
Total	153,263	40,762

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	81,801	161,046
Total	81,801	161,046

7.	Secured creditors
	Bank loans are secured by the asset to which they relate.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	878
Total	-	878

9.	Related party transactions
	During the year the company has loaned monies to an associated company. The loan is interest free and repayable on demand. At the year end the amount owed to JC Residential Investments Limited was £5,000. During the year the company was in receipt of monies from an associated company. As at the balance sheet date the company owed an amount of £17,184 to the associated company. Also, a further associated company provided monies to the company. As at the balance sheet date the company owed an amount of £118,444 to this company.

Related party transactions

During the year the company has loaned monies to an associated company.  The loan is interest free and repayable on demand. At the year end the amount owed to JC Residential Investments Limited was £5,000.

During the year the company was in receipt of monies from an associated company.  As at the balance sheet date the company owed an amount of £17,184 to the associated company.

Also, a further associated company provided monies to the company.  As at the balance sheet date the company owed an amount of £118,444 to this company.