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Company Registration No. 08986995 (England and Wales)
JMP Properties and Rentals Limited Unaudited accounts for the year ended 31 December 2024
JMP Properties and Rentals Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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JMP Properties and Rentals Limited Company Information for the year ended 31 December 2024
Directors
Jason Pedder Julie Pedder
Company Number
08986995 (England and Wales)
Registered Office
The Granary Barn Main Road Harlthorpe, Selby YO8 6DW England
Accountants
Fierce Finance Limited 25 Malvern Road Dewsbury West Yorkshire WF12 7JX
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JMP Properties and Rentals Limited Accountants' report
Accountants' report to the board of directors of JMP Properties and Rentals Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Fierce Finance Limited 25 Malvern Road Dewsbury West Yorkshire WF12 7JX 29 September 2025
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JMP Properties and Rentals Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
49,837 
66,450 
Tangible assets
5
83,563 
49,302 
Investment property
6
- 
232,500 
Investments
7
5,057 
5,057 
138,457 
353,309 
Current assets
Debtors
8
564,071 
421,761 
Cash at bank and in hand
15,158 
65,243 
579,229 
487,004 
Creditors: amounts falling due within one year
9
(43,196)
(180,798)
Net current assets
536,033 
306,206 
Total assets less current liabilities
674,490 
659,515 
Creditors: amounts falling due after more than one year
10
(95,314)
(59,129)
Provisions for liabilities
Deferred tax
(15,877)
(18,806)
Net assets
563,299 
581,580 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
563,199 
581,480 
Shareholders' funds
563,299 
581,580 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
Jason Pedder Director Company Registration No. 08986995
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JMP Properties and Rentals Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
JMP Properties and Rentals Limited is a private company, limited by shares, registered in England and Wales, registration number 08986995. The registered office is The Granary Barn, Main Road, Harlthorpe, Selby, YO8 6DW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.33% on cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
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JMP Properties and Rentals Limited Notes to the Accounts for the year ended 31 December 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
166,128 
At 31 December 2024
166,128 
Amortisation
At 1 January 2024
99,678 
Charge for the year
16,613 
At 31 December 2024
116,291 
Net book value
At 31 December 2024
49,837 
At 31 December 2023
66,450 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
2,338 
65,437 
12,451 
24,210 
104,436 
Additions
- 
65,078 
- 
- 
65,078 
At 31 December 2024
2,338 
130,515 
12,451 
24,210 
169,514 
Depreciation
At 1 January 2024
2,338 
28,629 
5,339 
18,828 
55,134 
Charge for the year
- 
25,472 
1,779 
3,566 
30,817 
At 31 December 2024
2,338 
54,101 
7,118 
22,394 
85,951 
Net book value
At 31 December 2024
- 
76,414 
5,333 
1,816 
83,563 
At 31 December 2023
- 
36,808 
7,112 
5,382 
49,302 
- 7 -
JMP Properties and Rentals Limited Notes to the Accounts for the year ended 31 December 2024
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
76,414 
36,808 
6
Investment property
2024 
£ 
Fair value at 1 January 2024
232,500 
Disposals
(174,196)
Net loss from fair value adjustments
(58,304)
At 31 December 2024
- 
7
Investments
Other investments 
£ 
Valuation at 1 January 2024
5,057 
Valuation at 31 December 2024
5,057 
8
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
800 
36,621 
Amounts falling due after more than one year
Other debtors
563,271 
385,140 
9
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,033 
137,693 
Obligations under finance leases and hire purchase contracts
11,455 
6,357 
Taxes and social security
10,621 
17,336 
Other creditors
1,200 
1,850 
Loans from directors
13,882 
16,557 
Accruals
1,005 
1,005 
43,196 
180,798 
10
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,641 
8,674 
Obligations under finance leases and hire purchase contracts
91,673 
50,455 
95,314 
59,129 
- 8 -
JMP Properties and Rentals Limited Notes to the Accounts for the year ended 31 December 2024
11
Transactions with related parties
The directors of the Company are also directors of JMP Property Estates Limited and JRJ York Apartments Limited. An outstanding loan at the year end to JMP Property Estates Limited amounts to £481,711 (2022: £255,342). The loan is repayable on demand, however the Company does not currently seek repayment within the next 10 years and the loan has therefore been categorised as long term debtor.
12
Controlling party
Mr Jason Pedder and Mrs Julie Pedder have equal control over a majority of shares in the company, and together with their involvement in its day-to-day management, are deemed to be the controlling parties for the purposes of Financial Reporting Standard No. 102.
13
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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